A marketing firm is trying to assess how many Canadians aged 20-29 own a car. A simple random sample of size n = 500 Canadians was obtained, yielding the data in cars.csv (linked below). In particular, each respondent reported their age, and their car ownership status (coded as 1 for yes, 0 for no). Census information reports Canada's population to be 35.16 million people. Round answers to the nearest integers.
LINK for cars.csv (
[ the link to 'Download the csv file here' is broken ]
)
(a)
Give an estimate for the number of Canadians aged 20-29 who own a car.
(b)
Give a standard error to accompany this estimate.
(c)
Now say that you are provided with additional census information that percent of Canadians are aged 20-29. In light of this further information, modify your estimate from part (a).
(b)
Give a standard error to accompany the modified estimate.
You can earn partial credit on this problem.