Consider the following hypothesis test: H0: p = .20 H0: p .20 A sample of 400

Question:

Consider the following hypothesis test:

H0: p = .20

H0: p ≠ .20

A sample of 400 provided a sample proportion p = .175.

a. Compute the value of the test statistic.

b. What is the p-value?

c. At α = .05, what is your conclusion?

d. What is the rejection rule using the critical value? What is your conclusion?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

See More Books

Question Posted: Feb 16, 2015 02:14 AM

See More Questions

Consider the following hypothesis test: H0: 18 H0: > 18 A sample of 48 provided a sample mean x = 17 and a sample standard deviation s = 4.5. a. Compute the value of the test statistic. b. Use the...
The following hypothesis test is to be conducted. H0: Median > 150 Ha: Median < 150 A sample of 30 provided 22 observations greater than 150, 3 observations equal to 150, and 5 observations less than...
Consider the following hypothesis test. H0: 1 - 2 0 Ha: 1 - 2 > 0 The following results are for two independent samples taken from the two populations Sample 1 Sample 2 n1 = 40..............n2 = 50...
Write the acceleration vector a at the point indicated as a sum of tangential and normal components. r(0) = (cos, sin 20), 0 =
From the following, prepare a schedule of accounts payable for AVE Co. for May 31, 2012: Accounts Payable Subsidiary Ledger General Ledger Bloss Co. Accounts Payable 5/25 CP 10 5/19 P 50 5/31 CP 10...
What is factor rating, and how does it work? LO.1
The assets and liabilities of some sub sidiary organizations are added directly to the records of the parent company.
Grey's Audiovisual rents audio and visual equipment to musicians for local concerts. The company is interested in forecasting the rentals for the d2-console so that it can make sure the d2-console is...
Discuss why EPS calculations are essential and what would constitute a good EPS
Write a function to add two floating point numbers. Determine the integer floor of the sum. The floor is the truncated float value, i.e. anything after the decimal point is dropped. For instance,...
Joans Nursery specializes in custom-designed landscaping for residential areas. The estimated labor cost associated with a particular landscaping proposal is based on the number of plantings of...
Consider the following hypothesis test: H0: p = .20 H0: p .20 A sample of 300 items was selected. Compute the p-value and state your conclusion for each of the following sample results. Use = .05....
To stay competitive, many organizations regularly upgrade their computer technology. This was the case for Courier Cats, a small but profitable courier firm. To improve the delivery and tracking of...
Briefly explain the difference between a k-factor model and the capital asset pricing model
Refer to the cost data, Picture below. Take off the square feet of wall forms and cubic yards of ready mix concrete for the walls of the elevator pit. Determine the total material and labor cost for...
possible Submit quiz A researcher studies water clarity at the same location in a lake on the same dates during the course of a year and repeats the measurements on the same dates 5 years later. The...
A liquid hydrocarbon mixture was made by adding 295 kg of benzene, 289 kg of toluene and 287 kg of p-xylene. Assume there is no change of volume upon mixing, i.e., Vmix=0 , in order to determine: 1....
b) Maseru Development Bank has R850 million credit with Matsieng Hydroelectric Power, with a maturity of eighteen months. The expected loss for Maseru Development Bank is R22 million, and the...
Show that the following linear program is unbounded, using the dictionary implementation of the simplex algorithm. maximize: x1 + x2 + X3 x1 + x2 - X3 4 subject to: 2x1 - x2 + X3 6 X1, X2, X3 0
A manufacturer can sell product 1 at a profit of $20 per unit and product 2 at a profit of $40 per unit. Three units of raw material are needed to manufacture one unit of product 1, and six units of...
Three identical conducting spheres, A, B, and C, are given different initial charges. Sphere A, which initially carries 12 units of negative charge, is brought in contact with sphere $B$, which...
A detailed study of Americans religious beliefs and practices by the Pew Forum on Religion & Public Life revealed that religion is quite important in an individuals life (Boston Globe, June 24,...
A University of Utah study examined 7,925 severely obese adults who had gastric bypass surgery and an identical number of people who did not have the surgery (Boston Globe, August 23, 2007). The...
For each of the following examples of data, determine the type. a. The number of miles joggers run per week b. The starting salaries of graduates of MBA programs c. The months in which a firms...
I need help finding the callable price and call value
On 31 October 2022, the owner took goods for his son as a birthday gift. The cost price of the goods was R15 000
Provide a graph chart or data with sample numbers indicating Valuing Stocks and Bonds?

Consider the following hypothesis test: H0: p = .20 H0: p .20 A sample of 400

Question:

Step by Step Answer:

a b Because z 0 p value is two times the lower tail are...View the full answer

Essentials Of Statistics For Business And Economics

Students also viewed these Statistics questions