Consider the following hypothesis test: H0: p = .20 H0: p .20 A sample of 300

Question:

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 α = .05.

a. p = .68

b. p = .72

c. p = .70

d. p = .77

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: Î¼d ¤ 0 Ha: Î¼d > 0 The following data are from matched samples taken from two populations. a. Compute the difference...
Consider the following hypothesis statement: H 0 : 2 > 5.0 H 1 : 2 < 5.0 State your conclusion given that s = 1.6, n = 32, and = 0.05.
Consider the following hypothesis statement: H 0 : 1 2 < 2 2 H 1 : 1 2 7 2 2 State your conclusion given that 1 = 18, 2 = 15, n 1 = 25, n 2 = 20, and = 0.05.
Find an equation of the tangent plane at the given point. f(x, y) = x + y, (4,1)
Given the following, calculate net sales and net purchases: Gross sales Sales returns and allowances 8 Purchase returns and allowance 7 Sales discounts $30 Gross purchases $64 2 Purchase discounts
How are manufacturing and nonmanufacturing location decisions similar? Different? LO.1
In other cases, the parent chooses to let the new subsidiary remain in operation as a separate legal entity. How does this decision affect the accounting process?
Which of the arguments for tariffs do you feel are most relevant in todays world?
ENGINEERING ECONOMICS SUBJECT NEED ASAP WITH STEP BY STEP SOLUTION -------------------------------------------------------------------------------------------------------------------------------- A...
A walkway lighting package includes a transformer, a certain length of wire, and a certain number of lights on the wire. The price of each lighting package depends on the length of wire and the...
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 = .05,...
A study found that, in 2005, 12.5% of U.S. workers belonged to unions (The Wall Street Journal, January 21, 2006). Suppose a sample of 400 U.S. workers is collected in 2006 to determine whether union...
Ice skaters often end their performances with spin turns, where they spin very fast about their center of mass with their arms folded in and legs together. Upon ending, their arms extend outward,...
Assume an organic compound has a partition coefficient between water and ethyl acetate equal to 8.12. If there are initially 7.10 grams of the compound dissolved in 75.0 mL of water, how many grams...
Berger Paint Pakistan limited produces three types of joint products, S ilver paint, G olden paint and D iamond paint. During March, 2020, the following information was recorded : Particulars Silver...
Choose an industry in which you are interested in working. How is that industry trending? What internal and external factors may affect the direction of the organization? For your initial post,...
show all work and Computations and if favorable or unfavorable. Standard Cost Data per 1 Unit Quantity Price Direct Labor 2 hrs $4.00/hr Actual Data: Units produced 20 20 Direct Labor 30 hrs; total...
4. A petroleum company is considering the expansion of its one unloading facility at its Australian refinery. Due to random variations in weather, loading delays, and other factors, ships arriving at...
Redo the winery problem (3)-(4) using the tableau implementation of the simplex algorithm. Note the connection between the tableau you obtain at each step, and the corresponding system of equations...
Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....
Suppose a glass rod is rubbed on wool. When held $35.0 \mathrm{~mm}$ above a $0.20 \mathrm{~g}$ scrap of paper, the rod lifts the paper with an initial acceleration of \(0.14 \mathrm{~m} /...
Three men were trying to make the football team as punters. The coach had each of them punted the ball 50 times, and the distances were recorded. a. Compute the variance and standard deviation for...
Variance is often used to measure quality in production-line products. Suppose that a sample of steel rods that are supposed to be exactly 100 cm long is taken. The length of each is determined, and...
To learn more about the size of withdrawals at a banking machine, the proprietor took a sample of 75 withdrawals and recorded the amounts. Determine the mean and standard deviation of these data, and...
What is Coke's average ownership percentage in its equity method investments? Goodwill is 7000 Calculate the firm's current ratio (current assets/current liabilities). Calculate the current ratio...
John has to choose between Project A and Project B, which are mutually exclusive. Project A has an initial cost of $30,000 and an internal rate of return of 16 percent. Project B has an initial cost...
Complete the table below, for the above transactions

Consider the following hypothesis test: H0: p = .20 H0: p .20 A sample of 300

Question:

Step by Step Answer:

a Lower tail p value is the area to the left of the test stat...View the full answer

Essentials Of Statistics For Business And Economics

Students also viewed these Statistics questions