Question: Go to StatKey and click on Test for a Single Proportion' under the 'Randomization Hy- pothesis Tests' tab. Using the data set 'Paul The

Go to StatKey and click on Test for a Single Proportion' under

Go to StatKey and click on Test for a Single Proportion' under the 'Randomization Hy- pothesis Tests' tab. Using the data set 'Paul The Octopus (Correct Forecast)', generate 3000 samples. This data set is a sample of 8 'guesses' that an English-born, German-resident oc- topus named Paul had regarding football matches in several different football tournaments around the world. Paul correctly picked the winner of eight out of eight different matches, a feat that no common octopus would likely do. We want to find out if this is statistical evidence that Paul is psychic or not. a. State the variable(s) of interest in the problem and whether they are quantitative or categorical. b. Write the hypotheses in plain English. c. Describe the parameter of interest using the correct notation. d. Write the hypotheses using the parameter from (c). 0.05. Does it show evidence Paul may actually be a e. Perform a hypothesis test at a = psychic octopus?

Step by Step Solution

3.37 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a The variable of interest is the number of times correctly picking the winner of eight different ma... View full answer

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 Accounting Questions!