Consider the following competing hypotheses and accompanying sample data. H0: - = 0 HA: -
Question:
Consider the following competing hypotheses and accompanying sample data.
H0: - = 0
HA: - ≠ 0
x1 = 100 x2 = 172
n1 = 250 n2 = 400
a. Calculate the value of the test statistic.
b. Calculate the p-value.
c. At the 5% significance level, what is the conclusion to the test? Do the population proportions differ?
d. Repeat the analysis with the critical value approach.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
a b The p value 2P Z 075 2 02266 04532 c Since the p value we do not reject we cannot ...View the full answer
Answered By
Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
119+ Reviews
214+ Question Solved
Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
Question Posted:
Students also viewed these Statistics questions
-
Consider the following competing hypotheses and accompanying sample data drawn from a matched-pairs sample. H0: mD 0 HA: mD < 0 n = 9 T- = 40 T+ = 5 a. Specify the decision rule at the 5%...
-
Consider the following competing hypotheses and accompanying sample data drawn independently from normally distributed populations. a. Using the p -value approach, test whether the population means...
-
Consider the following competing hypotheses and accompanying sample data drawn independently from normally distributed populations. H0: 1 - 2 0 HA: 1 - 2 > 0 1 = 249 2 = 272 s1 = 35 s2 = 23 n1 = 10...
-
Francis and Peter are in a partnership sharing profits and losses in the ratio 3:2. The following is their trial balance as at 30 September 2020. particulars D ebit C redit Buildings (cost: RM...
-
When Peter decided to sell his farm, he received two offers. If he accepts the first offer, he would receive $250 000 now, $750 000 one year from now, and $500 000 two years from now. If he accepts...
-
Explain two possible reasons for a negative cost variance.
-
An investor requires a return of 12 percent on risky securities. A stock sells for $25, it pays a dividend of $1, and the dividends compound annually at 7 percent. Will this investor find the stock...
-
Jane Smith, age 40, is single and has no dependents. She is employed as a legal secretary by Legal Services, Inc. She owns and operates Typing Services located near the campus of Florida Atlantic...
-
Use the appropriate function in Excel to answer the following question. How much money would you have in a savings account at the end of 3 years if the following assumptions were true? You make...
-
The blackness of Sandra, Inc. as of December 31, 2016 are given below: The insurance has been prepaid until June 30,2017. Determine the amount of total current assets reported A. $7,700 B. $10,900 C....
-
Given = 0.85, n1 = 400, = 0.90, n2 = 350, construct a 90% confidence interval for the difference between the population proportions. Is there a difference between the population proportions at the...
-
Consider the following competing hypotheses and accompanying sample data. a. At the 5% significance level, find the critical value(s). b. Calculate the value of the test statistic. c. What is the...
-
A retail business, using, owed merchandise creditors (accounts payable) $320,000 at the beginning of the year and $350,000 at the end of the year. How would the $30,000 increase be used to adjust net...
-
Global Operations Management is supported by Strategic Supply Chain Management in many ways. Elucidate the following; List and briefly define/describe the Five (5) Components of Strategic Supply...
-
The Alpine House, Inc. is a large winter sports equipment broker. Below is an income statement for the company's ski department for a recent quarter. LA CASA ALPINA, INC. Income Statement - Ski...
-
Two investment portfolios are shown. Investment Portfolio 1 Portfolio 2 ROR Savings Account $1,425 $4,500 2.80% Government Bond $1,380 $3,600 1.55% Preferred Stock $3,400 $2,150 11.70% Common Stock...
-
The following information pertains to JAE Corporation at January 1, Year 1: Common stock, $8 par, 11,000 shares authorized, 2,200 shares issued and outstanding Paid-in capital in excess of par,...
-
Group dynamics are important elements within the leading facet of the P-O-L-C framework. Discuss a time in your professional, school, or personal life when you experienced the Five Stages of Group...
-
The trial balance of Bulgham, Dhoon and Barony as at 31 December year 9 is as follows: Adjustments a Inventory as at 31 December year 9 amounted to 31,000. b Furniture is to be depreciated on a...
-
Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...
-
Refer to question 10-34. The photocopier manufacturer last year reported selling 60 000 photocopiers using 150 000 kilograms of material and achieving sales of \($30\) million. In their...
-
According to a 2018 paper released by the Economic Policy Institute, a nonprofit, nonpartisan think tank in Washington, D.C., income inequality continues to grow in the United States. Over the years,...
-
Suppose that the typical college student graduates with $28,650 in debt. Let debt among recent college graduates be normally distributed with a standard deviation of $7,000. a. What is the...
-
A 2019 Pew Research study finds that the number of undocumented immigrants living in the United States has dropped to the level it was in 2004. While its share has declined, California still accounts...
-
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
-
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...
-
Yard Professionals Incorporated experienced the following events in Year 1, its first year of operation: Performed services for $31,000 cash. Purchased $7,800 of supplies on account. A physical count...
Study smarter with the SolutionInn App