Suppose you are testing the hypotheses Ho: p=0.21 vs. p +0.21 with significance level =...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Suppose you are testing the hypotheses Ho: p=0.21 vs. p +0.21 with significance level α = 0. 05. A sample size of 209 results in a sample proportion of 0.26. As you know, one way to address two-sided tests is to create confidence intervals. Construct the appropriate confidence interval for p that could be used to address the test and report the upper limit of the confidence interval. Note: 1- Only round your final answer to 2 decimal places. Enter your final answer with 2 decimal places. 2- Your final answer should be expressed as a decimal and not a percentage. Suppose you are testing the hypotheses Ho: p=0.21 vs. p +0.21 with significance level α = 0. 05. A sample size of 209 results in a sample proportion of 0.26. As you know, one way to address two-sided tests is to create confidence intervals. Construct the appropriate confidence interval for p that could be used to address the test and report the upper limit of the confidence interval. Note: 1- Only round your final answer to 2 decimal places. Enter your final answer with 2 decimal places. 2- Your final answer should be expressed as a decimal and not a percentage.
Expert Answer:
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Posted Date:
Students also viewed these accounting questions
-
Suppose that you are testing the hypotheses H0: = 80 vs. HA: 80. A sample of size 61 results in a sample mean of 75 and a standard deviation of 1.5. a) What is the standard error of the mean? b)...
-
Suppose that you are testing the hypotheses H0: = 16 vs. HA: < 16. A sample of size 25 results in a sample mean of 16.5 and a standard deviation of 2.0. a) What is the standard error of the mean?...
-
Suppose you are testing the hypotheses H 0 : = 0.25 and H a : < 0.25 and the observed statistic, p is equal to 0.30 with a sample size of 100. a. If you are using a proportion as your statistic,...
-
Design a dam structure (your choice of shape and size) that will collect water and will be used for water supply, power generation, and flood control. Consider that the maximum water surface level...
-
What was the impact of the Battle of Shiloh 1862?
-
World Class Steaks is a meat-processing firm based in Texas. It operates under the weighted-average method of process costing and has two departments: preparation (prep) and shipping. For the prep...
-
Describe some business and economic conditions that might make the lower-of-cost- or-market rule more likely to be used.
-
1. What are the inputs, processing, and outputs of UPSs package tracking system? 2. What technologies are used by UPS? How are these technologies related to UPSs business strategy? 3. What strategic...
-
"We just can't seem to make any money", exclaimed the President. "Profits are falling every month. This month we lost money. What is going on?" A quick look at the books revealed that the company had...
-
Daniel Company uses a periodic inventory system. Data for 2015: beginning merchandise inventory (December 31, 2014), 2,000 units at $38; purchases, 8,000 units at $40; expenses (excluding income...
-
3. Using the standard reduction potentials, decide if the following reaction will occur, (a) the reaction 2Fe+ (aq) + 21 (aq) - 2Fe+ (aq) + 1(s) will occur. (b) Fe(s) will be oxidized to Fe+ by...
-
Blue Computer had the following transactions during the month of May. 1. Purchased equipment on account for $9,700. 2. Paid $1,500 for rent for the month of May. 3. Performed computer services for...
-
what is the risk management? Explain
-
Identify the correct format for an APA reference-list entry for an article in a scholarly journal. The article is by Yao Lu and is titled "Empowerment or Disintegration? Migration, Social...
-
explain the role of Value at Risk (VaR) in managing the risk of complex financial portfolios, and what are its limitations?
-
The kinetics of the polymerization of methyl methacrylate monomer were studied at 77 C using benzene as a solvent and azo-bisisobutylronitrile (AIBN) as the free radical initiator. The following...
-
You serve as the change leader for Delta Pacific Company (DPC). Up until this point, the organizational culture has been one of a traditional culture as the company had a manufacturing environment....
-
The Heese Restaurant Group manufactures the bags of frozen French fries used at its franchised restaurants. Last week, Heeses purchased and used 101,000 pounds of potatoes at a price of $ 0.70 per...
-
A study by the National Institute on Media and the Family reported that American children, ages 2 17, spend, on average, 25 hours per week watching television (mediafamily.org). You believe that your...
-
Graziano Construction has received a large shipment of steel reinforcing rods. The company needs to test a sample of the rods for breaking strength before the rods are installed. The site engineer...
-
The competing hypotheses for a hypothesis test are as follows: H0: < 2500 Ha: > 2500 Assume the population standard deviation is known to be 200. A random sample of size 100 has a sample mean of...
-
a. Nonlinearity in mass b. Nonlinearity in damping c. Linear equation d. Nonlinearity in spring \(\ddot{x}+f \frac{\dot{x}}{|\dot{x}|}+\omega_{n}^{2} x=0\)
-
The equation of motion of a nonlinear system is given by \[\ddot{x}+c \dot{x}+k_{1} x+k_{2} x^{2}=a \cos 2 \omega t\] Investigate the subharmonic solution of order 2 for this system.
-
Prove that, for the system considered in Section 13.5.1, the minimum value of \(\omega^{2}\) for which the amplitude of subharmonic oscillations \(A\) will have a real value is given by...
Study smarter with the SolutionInn App