A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

Question:

A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 55 nonprofit organizations, the mean one- time gift do-nation in the past year was $ 75, with a standard deviation of $ 9.

a. If you test the null hypothesis at the 0.01 level of significance, is there evidence that the mean one- time gift donation is greater than $ 70?

b. Interpret the meaning of the p- value in this problem.

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

Step by Step Answer:

Related Book For book-img-for-question

Business Statistics A First Course

ISBN: 9780321979018

7th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

See More Books

Question Posted: Jul 16, 2015 07:33 PM

See More Questions

A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 50 nonprofit organizations, the mean one-time gift do-nation in the past...
A political poll based on a random sample of 1000 likely voters classified them by sex and asked them if they planned to vote for Candidate A or Candidate B in the upcoming election. Results are...
Based on a random sample of tail lengths for 15 male kites, an investigator calculates the 95% confidence interval (183.0, 195.0) mm based on the t distribution. The normal assumption is reasonable....
In Exercises show that the two formulas are equivalent. tan x dx = - In cos x + C tan x dx = In|sec x] + C
Calculate the following values using Figure 17P-1, which shows domestic supply and demand for steel in the United States under autarky. a. What is the equilibrium price and quantity of steel under...
Using the yearly amount of solar power generated by utilities (in millions of kWh) in the United States from 2002 through 2018 data for Problem 16.16 on page 572 (stored in Solar Power), a. Fit a...
Look at the visualization titled "Changing Face of America" (the second visualization on the page). This is a new kind of visualization in which the total for each year is scaled to $100 %$, and the...
On May 21, 1927, Charles Lindbergh landed at Le Bourget Field in Paris, completing his famous transatlantic solo flight. The preparation period prior to his flight was quite hectic and time was...
On January 1 , 2 0 2 1 , Frontier World issues $ 3 9 . 1 million of 9 % bonds, due in 2 0 years, with interest payable semiannually on June 3 0 and December 3 1 each year. The proceeds will be used...
A rent-a-car company operates a rental-agent training program, which students complete in one month. The teachers in this program are trained rental agents, at a ratio of one for every fifteen...
You are the manager of a restaurant that delivers pizza to college dormitory rooms. You have just changed your delivery process in an effort to reduce the mean time between the order and completion...
The population mean waiting time to check out of a supermarket has been 4 minutes. Recently, in an effort to reduce the waiting time, the supermarket has experimented with a system in which infrared...
At September 30, the end of Excel Companys third quarter, the following stockholders equity accounts are reported. Common stock, $12 par value . . . . . . . . . . . . . . . . . . . . . . . . . . ....
Clarence bought a $188 000 condo with a $28 000 down payment and took out a mortgage for the remaining $160 000 at 12 percent nominal interest, compounded monthly. We determined that he would make 51...
A nation which does not know what it was yesterday, does not know what it is today, nor what it is trying to do. (Woodrow Wilson) What does this statement mean.
explain how viatical firms took advantage of the lack of asymmetric information before the discovery of HAART in the mid 1990s, how this new treatment led to the introduction of asymmetric...
There are less than the optimal number of pages dedicated to Budgeting in these chapters and the book.It is a little upsetting since Economics (not only classic 'finance') is key to budgeting and is...
Q=6004P where Q = days. MC= $50 per customer. the store is paying a rent of $2,000 per day. a) What is the profit-maximizing number of customers the store should have each day, and what price should...
What is the power in watts when 7500 J of energy are used in 5 h?
Ashlee, Hiroki, Kate, and Albee LLC each own a 25 percent interest in Tally Industries LLC, which generates annual gross receipts of over $10 million. Ashlee, Hiroki, and Kate manage the business,...
Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time...
Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and prepreview ads before the movie starts. Many complain that the time...
There has been a trend toward less driving in the last few years, especially by young people. From 2001 to 2009 the annual vehicle miles traveled by people from 16 to 34 years of age decreased from...
Reflect on a group interview you've had: * Was there anything you struggled with in preparing for the peer interviews? * What would you have changed about your interview? What would you have kept the...
Please conduct comprehensive research on the status of Metaverse, Choose a company, an industry, a product, or a service, and Share the strategies being used in Metaverse to develop a competitive...
Renovation and Restoration of community Park project For Risk management plan External risk : Budget Fluctuations in local economy Environment disasters Internal Risk: Safety Not enough money, staff...

A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

Question:

Step by Step Answer:

PHStat output a H 0 70 H 1 70 Decision rule If the pvalue 001 reject H ...View the full answer

Business Statistics A First Course

Students also viewed these Statistics questions