Question: Suppose you are testing H0 p 29 versus Ha
Suppose you are testing H0: p = .29 versus Ha: p ≠ .29 A random sample of 740 items shows that 207 have this characteristic. With a .05 probability of committing a Type I error, test the hypothesis. For the p-value method, what is the probability of the observed z value for this problem? If you had used the critical value method, what would the two critical values be? How do the sample results compare with the critical values?
Answer to relevant QuestionsThe Independent Insurance Agents of America conducted a survey of insurance consumers and discovered that 48% of them always reread their insurance policies, 29% sometimes do, 16% rarely do, and 7% never do. Suppose a large ...Where do CFOs get their money news? According to Robert Half International, 47% get their money news from newspapers, 15% get it from communication/colleagues, 12% get it from television,11% from the Internet,9% from ...Use α = .05 and solve for the probability of committing a Type II error for the following possible true alternative means. a. α = .10b. α = .05c. α = .01d. Based on the answers to parts (a), (b), and (c), what happens to ...Test the following hypotheses by using the information given and the eight-step approach. Let alpha be .01. Assume the population is normally distributed.H0: σ2 = 15.4 Ha: σ2 > 15.4n = 18s2 = 29.6.A study of MBA graduates by Universum for the American Graduate Survey 1999 revealed that MBA graduates have several expectations of prospective employers beyond their base pay. In particular, according to the study 46% ...
Post your question