Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 4. Before an election, combining the results of 12,625 polls with 14,491,635 samples in total, it shows that 6,413,959 responders (44.3%) say they will

image text in transcribed
Problem 4. Before an election, combining the results of 12,625 polls with 14,491,635 samples in total, it shows that 6,413,959 responders (44.3%) say they will vote for the first candidate and 6,134,272 responders (42.3%) say they will vote for the other candidate. Assume a binomial model Binomial(n,p) of the polls for the first and second candidates, where p is the percentage of the votes to the first candidate and n is the total number of votes to the first candidate or the second candidate. Suppose we are interested in whether the first candidate wins more than half of the votes to the first and second candidates: Ho : p = 0.5 vs H1 : p > 0.5 (1) Compute the test statistics of the generalized likelihood ratio test. Is this test a uniformly most powerful test? (2) Use Wilks' theorem to compute the critical value of the generalized likelihood ratio test under = 0.05 level. Make a decision. (3) Another test has test statistics p- po VPo(1-po) , Where p0 = 0.5. Compute the p- value of this test using the central limit theorem and make a decision. Assume the significance level = 0.05. (4) Which test is better and why

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

Finite Mathematics

Authors: Stefan Waner, Steven Costenoble

7th Edition

133751554X, 9781337515542

More Books

Students also viewed these Mathematics questions