Question: When the 2015 Heritage Conservation Survey asked, Would you be willing to pay higher taxes in order to protect the heritage buildings? 429 people answered

When the 2015 Heritage Conservation Survey asked, “Would you be willing to pay higher taxes in order to protect the heritage buildings?” 429 people answered yes and 726 answered no. Software shows the following results to analyze whether a majority or a minority of people would answer yes:

----------------------------------------------------

Test of proportion = 0.5 vs not = 0.5 n Sample prop 95% CI z-Value P-Value 1155 0.453 (0.424, 0.481) -3.21 0.0007

----------------------------------------------------

(a) Specify the hypotheses that are tested.

(b) Report and interpret the test statistic value.

(c) Report and interpret the P-value as a probability.

(d) Explain an advantage of the confidence interval shown over the significance test.

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 Statistical Sampling To Auditing Questions!

When the 2000 General Social Survey asked, Would you be willing to pay much higher taxes in order to protect the environment? (Variable GRNTAXES), 369 people answered yes and 483 answered no. (We...

When the 2010 General Social Survey asked, Would you be willing to pay much higher taxes in order to protect the environment? (variable GRNTAXES), 459 people answered yes and 626 answered no. (We...

9.72 Protecting the environment? When the 2010 General Social Survey asked, Would you be willing to pay much higher taxes in order to protect the environment? (variable GRNTAXES), 459 people answered...

please summarize the important part of the the following paper. Int J Disaster Risk Sci (2021) 12:367-380 www.ijdrs.com https://doi.org/10.1007/s13753-021-00351-9 Check for updates |...

Need to describe two separate potential solutions to illustrate how this disparity may be rectified and explain why you think your potential solutions would be effective. I may create my own...

Answer the following questions according to the case (Supply Chain Management in STARBUCKS and its Impact on Company Performance) provided below the asked questions: What are the main issues that...

For the exclusive use of A. Bennis, 2015. MH0005 0 0 7 7645065 Fra nk T. R othaermel M ichael Jano vec InterfaceRAISE (in 2010): Raising the Bar in Sustainability Consulting MR. JIM HARTZFELD walked...

They're Not All Broke Every generation likes to think it had it tougher than those who come later. However, Millennials do have a huge mountain to climb on almost every economic front. They have...

5/21/2016 University of Phoenix: Management PRINTED BY: cherylesowell2012@email.phoenix.edu. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without...

I have attached the case study and the rubric for this. can I get help here to organzie an answer? CATERPILLAR, INC: THE IMPACT OF DECISION BIASES AND RISK ON CAPITAL BUDGETING Timothy D. West...

Use the given data to find the minimum sample size required to estimate a population proportion or percentage. Margin of error: four percentage points; confidence level: 99%; is estimated to be 0.20...

Can a business earn a gross profit but incur a net loss? Explain. Discuss.

3.24 Find the probability distribution for the number of comic books when 4 books are selected at random from a collection consisting of 5 comic books, 2 art books, and 3 math books. Express your...

The competition for creating and using autonomous cars is intensifying globally. Find 12 companies that are competing in this field.

Refer to Example 12. Using a tree diagram, given that H0 is rejected, approximate P(Type I error) under the assumption that a true effect exists 20% of the time and that theres a 30% chance of a Type...

a. An advertisement by Schering Corp. in 1999 for the allergy drug Claritin mentioned that in a clinical trial, the proportion who showed symptoms of nervousness was not significantly greater for...

A study is designed to test H0: p = 0.50 against Ha: p > 0.50, taking a random sample of size n = 100, using significance level 0.05. a. Show that the rejection region consists of values of p 7...

Tom Thompson expects to invest $10,000 at 12% and, at the end of a certain period, receive $96,460. How many years will it be before Thompson receives the payment? (Hint: calculate the factor for the...

B po 6 Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following...

Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor...