Basic Computation: Testing p A random sample of 30 binomials trials resulted in 12 successes. Test the

Question:

Basic Computation: Testing p A random sample of 30 binomials trials resulted in 12 successes. Test the claim that the population proportion of successes does not equal 0.50. Use a level of signifi cance of 0.05.

(a) Check Requirements Can a normal distribution be used for the pˆ

distribution? Explain.

(b) State the hypotheses.

(c) Compute pˆ and the corresponding standardized sample test statistic.

(d) Find the P-value of the test statistic.

(e) Do you reject or fail to reject H0? Explain.

(f) Interpretation What do the results tell you?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Understanding Basic Statistics

ISBN: 9781305548893

7th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

See More Books

Question Posted: Aug 30, 2024 06:04 AM

See More Questions

(a) lim f(x) X-C+ 5. y 7. Y 9. 2 IT - Limits and Continuity In Exercises 5-10, use the graph to determine each limit, and discuss the continuity of the function. -3+ (4,3), + + 1/2 3 4 (3, 1) (b) lim...
How many invalid (unused) code sequences can we have in 5B/6B encoding? How many in 3B/4B encoding?
Roll Call manufactures a unique key chain with a built-in radio frequency identification chip. This device is issued to students at State University, and a host computer tracks student attendance at...
=+how the customer arrived at their site.
Holbrook Company gathered the following data for the past two years: Required: 1. Prepare a productivity profile for each year. 2. Prepare partial income statements for each year. Calculate the total...
Blue Spruce Corporation had the following stockholders' equity accounts on January 1, 2022: Common Stock ( $4 par) $400,000, Paidin Capital in Excess of Par-Common Stock $190,000, and Retained...
Basic Computation: Testing p A random sample of 60 binomials trials resulted in 18 successes. Test the claim that the population proportion of successes exceeds 18%. Use a level of signifi cance of...
Critical Thinking An article in a newspaper states that the proportion of traffi c accidents involving road rage is higher this year than it was last year, when it was 15%. Reconstruct the...
E22-2 Riley Watches April income statement follows: RILEY WATCHES Income Statement For the Month of April 20XX Sales revenue. $720,000 Cost of goods sold. 448.000 Gross profit 272.000 Operating...
Which level of conflict (discomfort, misunderstanding or tension) is described in the following situations? - a) A manager thinks it is a reasonable expectation that employees turn up for work ten...
An immunology clinic is required to have at least one physician who is board certified in infectious diseases. This is a/an: Question 7 options: Process measure Outcome measure Patient experience...
Refer to Case Study D - The presentation You must create presentation (report) that will promote the organisation's products/services to the business community at a local trade event. This is raising...
You act for the vendor of a travel agency business known as "Golden Wings Travel". The name of the vendor is Beaumont Investments Pty Ltd, the trustee of the Beaumont Family Trust, and the company...
1. The surface area of an inflating weather balloon is described by A(x) = 4x 1 where x is the number of seconds and A is measured in L. a) Determine the average rate of change between 3 and 9 sec....
When preparing Schedule M-1 of Form 1120, which of the following must be added to net income per books in order to compute taxable income? a. 100% of meals and entertainment expense b. Municipal bond...
Should we separate the debt and equity features of convertible debt? Team 1: Pro separation: Present arguments in favor of separating the debt and equity features of convertible debt. Team 2: Against...
Basic Computation: Central Limit Theorem Suppose x has a distribution with a mean of 8 and a standard deviation of AppendixLO1
Random samples of size n 5 64 are drawn. (a) Describe the x distribution and compute the mean and standard deviation of the distribution. (b) Find the z value corresponding to x 5 9. (c) Find P(x ....
Basic Computation: Central Limit Theorem Suppose x has a distribution with a mean of 20 and a standard deviation of AppendixLO1
The saloon is considering adding a new machine. The machine cost $36,000 plus $2,132 to install. The annual revenue and expenses (all cash) are as follows: Revenue Labor Materials $60,000 $35,000...
What is an equivalent unit of production? How is it different than a physical unit? How are equivalent units of production computed? Explain the importance and main purpose of equivalent units
Mickley Corporation produces two products, Alpha6s and Zeta7s, which pass through two operations, Sintering and Finishing. Each of the products uses two raw materials-X442 and Y661. The company uses...

Basic Computation: Testing p A random sample of 30 binomials trials resulted in 12 successes. Test the

Question:

Step by Step Answer:

Understanding Basic Statistics

Students also viewed these Business questions