Question
Imagine that your Student Association has a surplus and has to decide what to do with the money by the beginning of next semester. They
Imagine that your Student Association has a surplus and has to decide what to do with the money by the beginning of next semester. They are unsure whether they should refund some money to students (which would consume some of the money in administration costs) or whether they should make sure that The Pantry (the student food bank) is stocked before the Christmas break. By the way, your Student Association doesn't have a surplus, I'm pretty sure... This is just an example!! The decision-makers go into the Level and ask the first 6 students they see what those students think. All 6 think the SA should refund the money. Is this a significant preference for a refund or is it too close to call? Calculate the probability of this happening by chance by hand, showing your work. You do not need a table to figure this out. Indicate the null hypothesis (1 mark), the p value (2 marks), and make a decision about the null hypothesis (explain this in words[1]; 2 marks). [5 marks]
[1] Note that when you explain a finding, you must include reference to the original variable - so we don't just say that something is significant or not, we make a decision, and then say that, for example, the monkeys prefer the cloth mom.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started