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Question 40 In 2008, 46% of business owners gave a holiday gift to their employees. A 2009 survey of business owners indicated that 35% plan
Question 40 In 2008, 46% of business owners gave a holiday gift to their employees. A 2009 survey of business owners indicated that 35% plan to provide a holiday gift to their employees (Radio, WEZV, Myrtle Beach, South Carolina,) Suppose the survey results are based on a sample of 60 business owners. Part A How many business owners in the survey plan to provide a holiday gift to their employees? Ans. Part B Suppose the business owners in the sample do the they plan. Compute the p-value for a hypothesis test that can be sued to determine if the proportion of business owners providing holiday gifts has decreased from the 2008 level. Part C Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts has decreased? What is the smallest level of significance for which you could draw such a conclusion? Ans. Please use the excel function to work on it
| Question 40 | ||||||
| In 2008, 46% of business owners gave a holiday gift to their employees. A 2009 survey of business owners indicated that 35% plan to provide a holiday gift to their employees (Radio, WEZV, Myrtle Beach, South Carolina,) Suppose the survey results are based on a sample of 60 business owners. | ||||||
| Part A | ||||||
| How many business owners in the survey plan to provide a holiday gift to their employees? | ||||||
| Ans. | ||||||
| Part B | ||||||
| Suppose the business owners in the sample do the they plan. Compute the p-value for a hypothesis test that can be sued to determine if the proportion of business owners providing holiday gifts has decreased from the 2008 level. | ||||||
| Part C | ||||||
| Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts has decreased? What is the smallest level of significance for which you could draw such a conclusion? | ||||||
| Ans. | ||||||
| Please use the excel function to work on it |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
