In Problems 9.52 and 9.53, suppose you are testing the null hypothesis H0: p = 0.20 against
Question:
In Problems 9.52 and 9.53, suppose you are testing the null hypothesis H0: p = 0.20 against the two-tail alternative hypothesis H1: p 0.20 and you choose the level of significance a = 0.05. What is your statistical decision?
Problems 9.52
If, in a random sample of 400 items, 88 are defective, what is the sample proportion of defective items?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
H 0 020 H 1 020 Decision rule If Z 196 o...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Basic Business Statistics
ISBN: 9780321870025
13th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Question Posted:
Students also viewed these Statistics questions
-
Suppose you are testing the following hypotheses: H 0 : = 100 (The population mean is 100.) H a : 100 (The population mean is not 100.) Sample size is 64. The sample mean is 107. The population...
-
Suppose you are testing the following hypotheses: H0: = 1000 Ha : 1000 Sample size is 36. The sample mean is 940. The population standard deviation is 120. The significance level is .05. a. What are...
-
Suppose you are testing the following hypotheses: H0: = 650 Ha: 650 Sample size is 100. The sample mean is 635. The population standard deviation is 140. The significance level is .10. a. Compute...
-
Barnaby is a farmer who receives two-thirds of his total income from the sale of oranges. After two consecutive years of early frosts that destroyed his orange harvest, Barnaby found himself deep in...
-
In 2001, Gauldin and Corn entered into a partnership for the purpose of raising cattle and hogs. The two men were to share equally all costs, labor, losses, and profits. The business was started on...
-
The following data are numbers of passengers on flights of Delta Air Lines between San Francisco and Seattle over 33 days in April and early May. 128, 121, 134, 136, 136, 118, 123, 109, 120, 116,...
-
Refer to the information in Problem 21-1B. Tohono Companys actual income statement for 2017 follows. Required 1. Prepare a flexible budget performance report for 2017. Analysis Component 2. Analyze...
-
Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of Its SKUs at a constant rate of 30,000 Units per year. It costs Leaky Pipe $10 to process an order to replenish stock and $1...
-
A 'drought simply is a situation in which quantity of water demanded exceeds quantity of water supplied. Draw a demand-supply diagram for the water market portraying a drought. Does a drought have...
-
For the firm in Problem 7, suppose the book value of the debt issue is $95 million. In addition, the company has a second debt issue on the market, a zero coupon bond with eight years left to...
-
An information technology (IT) consulting firm specializing in healthcare solutions wants to study communication deficiencies in the health care industry. A random sample of 70 health care clinicians...
-
How do the ratings of TV and phone services compare? The file Telecom contains the rating of 13 different providers. (Data extracted from "Ratings: TV, Phone, and Internet Services," Consumer...
-
Ollie Mace is the controller of SDC, an automotive parts manufacturing firm. Its four major operating divisions are heat treating, extruding, small parts stamping, and machining. Last years sales...
-
Suppose you are interested in finding the relationship between bond prices and interest rates. You run a regression of bond prices against the prime lending rate and find that the slope of the...
-
In recent years, governments have taken control of banks through buying their shares. What impact does this have on the lending culture of these banks? Is this consistent with shareholder...
-
Do workbooks make a difference in students performance? A statistics instructor uses her class as a sample. Do the results suggest that the grade patterns of those who own a workbook and of those who...
-
Firm A and Firm B have debttotal asset ratios of 70 per cent and 30 per cent, and returns on total assets of 20 per cent and 30 per cent, respectively. Which firm has a greater return on equity?
-
Two hundred and ten people were asked which TV news programs they usually watch. The answers are compiled in the following table. Can you say that the three networks have audiences of about the same...
-
Methanol is prepared industrially from synthesis gas (CO and H 2 ). CO(g) + 2H 2 (g) CH 3 OH(g); H = 21.7 kcal Would the fraction of methanol obtained at equilibrium be increased by raising the...
-
The power company must generate 100 kW in order to supply an industrial load with 94 kW through a transmission line with 0.09 resistance. If the load power factor is 0.83 lagging, find the...
-
Have the gains in student learning attributed to education technology justified colleges spending in this area? As part of Inside Higher Eds 2016 Survey of Faculty Attitudes on Technology,...
-
A survey of 1,520 Americans adults asked Do you feel overloaded with too much information? The results indicated that of 785 males, 134 answered yes. Of 735 females, 170 answered yes. Source: Data...
-
In 42 of the 66 years from 1950 through 2016 (in 2011 there was virtually no change), the S&P 500 finished higher after the first five days of trading. In 37 out of 42 years, the S&P 500 finished...
-
2. Convert the following decimal numbers to binary numbers using 2s complements. (25 points) a. -65 b. -73 C. 47 d. e. 56 -10 Hint: Refer to this web site to convert from 2s complement binary to...
-
How do advanced debugging and profiling tools aid in the analysis and optimization of system performance, particularly in identifying and mitigating bottlenecks across the entire software stack, from...
-
Peroxi is a well-known manufacturer of bleach-based in the United States. They are considering a proposal to manufacture their Pristine brand of high quality cleaners in the United Kingdom. One...
Study smarter with the SolutionInn App