Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Using data froma simple random sample of 40 US adultsto construct a 95%confidence interval estimate for the population proportion of US adults who smoke, the

1.Using data froma simple random sample of 40 US adultsto construct a 95%confidence interval estimate for the population proportion of US adults who smoke,the critical valueused to calculate the margin of erroris:

=1.645

= 2.023with df =39 (two-tail)

=1.96

=1.685withdf=39(one-tail)

2.A one-tailed hypothesis test is conducted at= 0.05 level of significance resulting in a P-value = 0.032. Which of the following conclusion isvalid?

The nullhypothesisis rejectedand a type Ierror is possible

The probability of rejecting the null hypothesis is 0.032

The null hypothesis is rejected and the alternative hypothesis should be true

The null hypothesis is rejected and it must be false

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Introduction to the Mathematics of financial Derivatives

Authors: Salih N. Neftci

2nd Edition

978-0125153928, 9780080478647, 125153929, 978-0123846822

More Books

Students also viewed these Mathematics questions