Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 31 Questions 27 - 32 concern the following idea: Assume the state government does not wish to give any further financial help to those

image text in transcribed
image text in transcribed
QUESTION 31 Questions 27 - 32 concern the following idea: Assume the state government does not wish to give any further financial help to those suffering financial difficulty following on from COVID. They conduct a poll and find that 26 out of 200 adults in WA are still experiencing financial difficulty following on from COVID. A government committee uses the poll to claim that less than 20% of WA adults are experiencing COVID related financial difficulties. We have been asked to conduct a hypothesis test on the data. Assume that the decision of the test was to reject Ho. Which of the following would be a correct conclusion? O a. Since this data is not normally distributed, no conclusion is warranted. b. We have proven that less than 20% of WA adults are experiencing COVID related financial difficulty. C. There is significant evidence that the government does not need to give any further financial help O d. There is significant evidence that less than 20% of WA adults are experiencing COVID related financial difficulty. QUESTION 32 Questions 27 - 32 concern the following idea: Assume the state government does not wish to give any further financial help to those suffering financial difficulty following on from COVID. They conduct a poll and find that 26 out of 200 adults in WA are still experiencing financial difficulty following on from COVID. A government committee uses the poll to claim that less than 20% of WA adults are experiencing COVID related financial difficulties. We have been asked to conduct a hypothesis test on the data. Which of the following is an assumption of the hypothesis test we have been conducting? O a. That the data is normally distributed. O b. That n

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

Mathematical Analysis For Quantitative Finance

Authors: Daniele Ritelli, Giulia Spaletta

1st Edition

1351245104, 9781351245104

More Books

Students also viewed these Mathematics questions

Question

Provide an example of a structural cost driver.

Answered: 1 week ago

Question

explain the negativity bias;

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago