Question
Please Help me with my assignment. I just need answers from 10-13. Thank you so much! Refer to Global Financial Performance Dataset which reports financial
Please Help me with my assignment. I just need answers from 10-13. Thank you so much! Refer to Global Financial Performance Dataset which reports financial information on 148 global companies with 12 variables.
Answer the following questions:
10.
A. Conduct a test of hypothesis to determine whether the mean number of employees was different from 70 (thousands)? Use the 0.05 significance level. Show the working using the 6-step procedure of hypothesis testing.
B. Conduct a test of hypothesis to determine whether the mean total taxes is greater than $1 million dollars (or $1000 (in thousands of dollars. Use the 0.05 significance level.Show the working using the 6-step procedure of hypothesis testing.
Step 1: Statement of hypothesis:H0: Ha:
Step 2: Seta=0.05 (decide whether 1-tail test or 2- tail test)
Step 3: Compute test statistic: Choose the correct test statistic.
Since is unknown, we use ???
Step 4: Establish CV: Refer to corresponding table. Decide the correct table.
Step 5: Decision: Reject H0or Do not reject H0
Step 6: Interpret:
11.
A. At the 0.05 significance level, can we conclude that there is a difference in the mean net income for the Telecommunication Services economic sector versus the Financials economic sector? Use the 6-step procedure of hypothesis testing to arrive to the conclusion.
B. At the 0.01 significance level, can we conclude that there is a difference in the mean net income for the Information Technology economic sector versus the Energy economic sector? Use the 6-step procedure of hypothesis testing to arrive to the conclusion.
12. Conduct ANOVA test of hypothesis to determine if there a difference in the mean net income of the following economic sectors: Health Care, Consumer Staples and Consumer Discretionary? Use the 0.01 significance level.
13. Create a classification variable that divides the corporations into two classes based on Gross Profit Margin.
Firms with Gross Profit Margin less than 40% are in the "low" group and coded as "0".
Firms with Gross Profit Margin greater than 40% are in the "high" group and coded as "1".
Then develop a contingency table between Economic Sector and Gross Profit Margin class.
As appeared in the Excel file, there are nine economic sectors, namely:
- Telecommunication Services
- Materials
- Information Technology
- Industrials
- Health Care
- Financials
- Energy
- Consumer Staples
- Consumer Discretionary
At the 0.05 level of significance can we conclude that there is a relationship between Economic Sector and Gross Profit Margin?
Shareable link for the dataset: https://docs.google.com/spreadsheets/d/1bkP5JkjbSwnja9GUvBszYf2F-tqrZn8V/edit?usp=sharing&ouid=104917483027341106157&rtpof=true&sd=true It would be wonderful if you could share your sheet too after solving this so that I can study how were you able to do it. Thank you so much!
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