Question

A random telephone survey of 1,091 adults (aged 18 and older) was conducted by an online tax preparation and e-filing service. The survey results showed that 634 of those surveyed planned to file their taxes electronically. (Round your answers to the nearest whole number.) (a) Develop a descriptive statistic that can be used to estimate the percentage of all taxpayers who file electronically. % (b) The survey reported that the most frequently used method for preparing the tax return is to hire an accountant or professional tax preparer. If 60% of the people surveyed had their tax return prepared this way, how many people used an accountant or professional tax preparer

Answer 1

a. The percentage of all taxpayers who file electronically is 58%

b. 654 people used an accountant or professional tax preparer preparing the tax return

Explanation:

According to the given data, in order to estimate the percentage of all taxpayers who file electronically, we would have to make the following calculation:

percentage of all taxpayers who file electronically=634×100%=0.58

1,091

Hence, the percentage of all taxpayers who file electronically is 58%

In order to calculate how many people used an accountant or professional tax preparer for preparing the tax return, we would have to make the following calculation:

people used an accountant or professional tax preparer= 60%×1,091=654

100%

654 people used an accountant or professional tax preparer preparing the tax return.