An experiment is run that is claimed to have a binomial distribution with p = 0.15 and
Question:
Using a significance level of 0.01, is there sufficient evidence to conclude that the distribution is binomially distributed with p = 0.15 and n = 18?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Transcribed Image Text:
Number of Successes 0234 5 Observed Frequency 80 75 3 6 0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Successes o Observed Successes Binomial Probability n ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
Question Posted:
Students also viewed these Statistics questions
-
You have received a radioactive mass that is claimed to have a mean decay rate of at least 1 particle per second. If the mean decay rate is less than 1 per second, you may return the product for a...
-
The brake horsepower developed by an automobile engine on a dynamometer is thought to be a function of the engine speed in revolutions per minute (rpm), the road octane number of the fuel, and the...
-
An experiment is run as follows-the colors red, yellow, and blue are each flashed on a screen for a short period of time. A subject views the colors and is asked to choose the one he feels was...
-
Plastic Co Pte Ltd (Plastico) is a Fiji company. The company has issued and paid up capital of $250,000 held in equal parts by two brothers. The companys business involves making plastic products for...
-
Discuss the distinction between channel member performance evaluation and day-to-day monitoring of channel member performance. Is this distinction always clear-cut in practice? Explain why or why not.
-
Hector Inc. is a retailer operating in British Columbia. Hector uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory; the inventory is...
-
Discussed probability models (distributions) for discrete random variables in Chapter 4 Where Were Going LO8
-
Some people suggest that the most effective organizations have the strongest cultures. What do we mean by the strength of organizational culture, and what possible problems are there with a strong...
-
A company receives a 6%, 60-day note for $8,400. The total interest due upon the maturity date is: A. $110 B. $320 C. $504 D. $240 E. $84
-
The choice of strategy for a multinational firm must depend upon a comparison of the benefits of that strategy (in terms of value creation) with the costs of implementing that strategy (as defined by...
-
The state transportation department recently conducted a study of motorists in Idaho. Two main factors of interest were whether the vehicle was insured with liability insurance and whether the driver...
-
Data collected from a hospital emergency room reflect the number of patients per day that visited the emergency room due to cardiac-related symptoms. It is believed that the distribution of the...
-
On January 1 of this year, Houston Company issued a bond with a face value of $10,000 and a coupon rate of 5 percent. The bond matures in three years and pays interest every December 31. When the...
-
Give an example of a program that will cause a branch penalty in the three-segment pipeline of Sec. 9-5. Example: Three-Segment Instruction Pipeline A typical set of instructions for a RISC processor...
-
Are Google, Microsoft, and Apple acting ethically? Are they being socially responsible? Eager to benefit from the economic growth and the job creation that foreign direct investments generate, many...
-
On May 1, 2011, Lenny's Sandwich Shop loaned \$20,000 to Joe Lopez for one year at 6 percent interest. Required Answer the following questions: a. What is Lenny's interest income for 2011? b. What is...
-
Tipton Corporations balance sheet indicates that the company has \($300,000\) invested in operating as sets. During 2006, Tipton earned operating income of \($45,000\) on \($600,000\) of sales....
-
Norton Car Wash Co. is considering the purchase of a new facility. It would allow Norton to increase its net income by \($90,000\) per year. Other information about this proposed project follows:...
-
Using the following information, calculate each of the three labour variances for each department: Gross wages (direct) Standard hours worked Standard rate per hour Actual hours worked Department X...
-
Problem 2. (0.6 points, 0.2 points for each question) (a) A company turns its inventory 2 times a month. Its months-of-supply = Its days-of-supply = Please show your analysis below: _months. days. (1...
-
According to an article in Business Week, T.J. Izzo had a great idea after a bad back almost forced him to give up golf. His problem was carrying a golf bag, not swinging a club. So he designed a...
-
Consumer Reports provides information on new automobile models, including price, mileage ratings, engine size, body size, and indicators of features. A simple random sample of 35 new models yielded...
-
In the article "Distribution of Oxygen in Surface Sediments from Central Sagami Bay, Japan: In Situ Measurements by Microelectrodes and Planar Optodes" (Deep Sea Research Part I: Oceanographic...
-
Construct a dotplot for the following exam scores of the students in an introductory statistics class. 88 82 89 70 85 63 100 86 67 39 90 96 76 34 81 64 75 84 89 96
-
The following information is provided by Garden Gears for a new product it recently introduced: Total unit cost $50 Desired ROI per unit $22 Target selling price $72 How much is Garden Gears'...
-
Solid bank loan P5 million to a borrower on January 1, 2018. The terms of the loan require principal payments of P1 million each year for five years plus interest at 8%. The first principal and...
-
3) Assuming annual sales of $250,000 and a 50% gross (contribution) margin, calculate the following a. Average collection period if ending receivables total $45,000 b. Ending days-on-hand of...
Study smarter with the SolutionInn App