From Exercise 8 DeAngelis Global Research is comparing the economic
From Exercise 8: DeAngelis Global Research is comparing the economic climate for small businesses in France, Germany, and Italy by randomly selecting a sample of 100 small businesses from each country and determining the proportion of small businesses in each sample that filed for bankruptcy during the past year. In the French sample, there were 17 such companies; in the German sample, the number was 26; and in the Italian sample, there were 28 that had filed for bankruptcy. Use the appropriate table format to test the hypothesis that the proportion of all small businesses that filed for bankruptcy within the last year is the same for the three countries. Use a significance level of 5%.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help