Question: Consider the data file below, Suppose we want to carry out a formal hypothesis test of whether the value of NZ exports to these countries

Consider the data file below, Suppose we want to carry out a formal hypothesis test of whether the value of NZ exports to these countries has increased from 2012 to 2014.

(a) State, in words and in symbols, the hypotheses being tested.

(b) State the appropriate p-value.

(c)Is there evidence to reject the null hypothesis?

(d) State the conclusion

ExportsTo 2012 2014
Afghanistan 995 44
Albania 28 767
Andorra 20 6
Anguilla 13 3369
Antarctica 1360 437
Armenia 386 758
Aruba 1277 1180
Belarus 1481 711
Belize 638 1016
Benin 945 3715
Bhutan 144 251
Bolivia 1280 1285
Bosnia and Herzegovina 295 231
Burkina Faso 796 301
Burundi 68 0
Central African Republic 89 91
Christmas Island 354 25
Comoros 577 283
Croatia 1443 2186
Curacao 859 1041
Djibouti 658 3753
Equatorial Guinea 1102 900
Eritrea 10 4
Ethiopia 1578 1063
Falkland Islands 676 374
French Guiana 1072 3
FYRO Macedonia 88 504
Gambia 1346 728
Gaza Strip/Palestine/West Bank 30 16
Gibraltar 1118 818
Greenland 15 145
Guinea 793 522
Haiti 113 143
Honduras 388 2098
Kazakhstan 1346 2658
Kyrgyzstan 107 258
Laos 853 413
Lesotho 5 0
Liberia 786 1352
Liechtenstein 218 69
Luxembourg 713 609
Malawi 947 10
Mauritania 424 891
Moldavia 246 184
Monaco 16 20
Montenegro 184 264
Namibia 1548 328
Palau 1523 729
Pitcairn 1661 2716
Puerto Rico 1224 1391
Rwanda 43 164
San Marino 27 0
Seychelles 1958 2287
Slovenia 1853 4507
South Sudan 9 7
St Helena 4 4
St Kitts and Nevis 13 457
St. Maarten (Dutch part) 919 1219
Suriname 183 0
Swaziland 3 13
Tokelau 61 267
Turkmenistan 11 0
Turks and Caicos Islands 252 161
Uganda 564 554
Uzbekistan 113 771
Venezuela 162 699
Virgin Islands, British 206 1684
Virgin Islands, United States 228 527
Zambia 101 288
Zimbabwe 240 691

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!