Question: Julia Smith is checking recent same day delivery orders for her bakery, Sweets by Julia. In the past, 86% of same day orders were completed

Julia Smith is checking recent same day delivery orders for her bakery, Sweets by Julia. In the past, 86% of same day orders were completed on the same day. Julia wants to see if this is still accurate. She takes a sample of 28 orders and finds that 23 were completed on the same day. Using a significance level of 0.05, has the population of deliveries completed on the same day gone down? Julia Smith is checking recent same day delivery orders for her

Julia Smith is checking recent same-day delivery orders for her bakery, Sweets by Julia. In the past, 86% of same day orders were completed on the same day. Julia wants to see if this is still accurate. She takes a sample of 28 orders and finds that 23 were completed the same day. Using a significance level of 0.05 , has the proportion of dellveries completed on the same day gone down? a. What are the null and alternate hvootheses? ( 2 points) b. What is the level of significance? (1 point) (Round your answer to 2 decimal places.) c. Compute the value of the test statistic? (2 points) (Round your answer to 2 decimal places. Negative values should have a minus sign in front of them) d. Determine the p-value (2 points) (Round your final answer to 4 decimal places.) e. What is your decision regarding the null hypothesis? (1 point) Reject the null. Fail to reject the nuil. Julla Smith is checking recent same-day delivery orders for her bakery, Sweets by Julia. In the past, 86% of same day orders were completed on the same day. Julla wants to sce if this is still accurate. She takes a sample of 28 orders and finds that 23 were completed the same day. Using a significance level of 0.05 , has the proportion of deliveries completed on the same day gone down? a. What are the null and alternate hvootheses? ( 2 points) H0:H1:0.860.86 b. What is the level of significance? (1 point) (Round your answer to 2 decimal places.) c. Compute the value of the test statistic? (2 points) (Round your answer to 2 decimal places, Negative values should have a minus sign in front of them) d. Determine the -value ( 2 points) (Round your final answer to 4 decimal places.) e. What is your decision regarding the null hypothesis? (1 point) Reject the null. Fail to reject the null. f. Interpret the result. (2 points)

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 Accounting Questions!

VIEW THE STEP-BY-STEP SOLUTION TO: Title: ABC Appliance Inherent Risk and Control Design Assessment Prepare Inherent Risks and Control Design Assessment. This course project/case... I.Title: ABC...

Perform the following tasks and document them in the ABC Risk and Material Memo Template Word document. Preliminary Inherent Risk Assessment - Review the description of ABC Appliances, Inc. and...

Hello, I would need an answer for Appendix 2. It would be great if you help me with this. MGMT 8500:F21-Capstone-va MGM 8500:F21-Capstone.V CASE It was a regular working day in April 21, when four...

Read the Southwest ApplianceInherent Risk andControlDesign I uploadedthat describesTask 3 beginning on page 20. You will also need to refer back to the case description to perform the assigned task....

Southwest Appliances Inc. WP B.2.1 Inherent Risk and Materiality Memo Initials Date Prepared Reviewed Preliminary Inherent Risk Assessment Management policy of maintaining large inventory to meet...

Please Explain the calculations and Provide a recommendation please see the case Methodology: The group would calculate the offer price. The offer price will cover all variable expenses and include a...

please i need appendix 4 EXPLAIN THE CALCULATION AND PROVIDE RECOMMENDATION MGMT 8500, F21 capstone V1 CASE It was a regular working day in April 21, when four business partners gathered together for...

Appendix A: Financial Analysis Profitability and Liquidity (based on data in Exhibit 1, p. C-123): 2013 2012 2011 2009 2002 Net Profit Margin ROA ROE Current Ratio Summary of trends, comparisons:...

Based on the text material and the case material, answer the following questions: Who are Publixs competitors and why would they be likely to take action against Publix? How do you think Publix could...

A linearly polarized plane wave of the form E = xaxe jkz can be expressed as the sum of an RHC polarized wave with magnitude aR and an LHC polarized wave with magnitude aL. Prove this statement by...

Find the angle between each pair of vectors. a. a = (1, 5, -1). b = (0, 1, 3) b. a = -i + 2k, b = i - j + 3k

You have a plan to retire in 2 7 years. Before last month you owned $ 2 0 0 , 0 0 0 in an S&P 5 0 0 index fund. The stock market has dropped 2 0 % in the last month so now your $ 2 0 0 , 0 0 0 has...

Questions Q1. Write a Python program to retrieve the first and last colors from the following list: color_list = ["red", "green", "white", "blue", "black") Q2. Given the following dictionary,...

Health insurance is normally seen as a good that is most valuable to sick people, since health expenditures are highest for the sick. Yet, in the basic insurance model discussed in this chapter,...

In the basic model of insurance, income is the only input into a persons utility. This is obviously not realistic. If we relax our assumption that utility is determined only by income levels, can any...

and IS =$0, with probability of illness p=0.2. Is the standard contract fair and/or full for Jay? d Suppose there is a customer named Ronald for whom the standard contract is partial and actuarially...