(3 7emaining A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least eight years. A survey of companies reported in The Wall Street Journal found a sample mean tenure of = 7.31 years for CEOS with a standard deviation of s m 6.09 years. a. Formulate hypotheses that can be used to challenge the validity of the claim made by the shareholders' group. Ho: H Select your answer- 8 Select your answer- b. Assume 85 companies were included in the sample. What is the p-value for your hypothesis test? Enter negative value as negative number. t-value (to 3 decimals) p-value Select your answer- c. At a = 0.05, what is your conclusion? Select your answer- the null hypothesis. We- Select your answer- enough evidence to disprove the shareholder group's claim.
(3 7emaining A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least eight years. A survey of companies reported in The Wall Street Journal found a sample mean tenure of = 7.31 years for CEOS with a standard deviation of s m 6.09 years. a. Formulate hypotheses that can be used to challenge the validity of the claim made by the shareholders' group. Ho: H Select your answer- 8 Select your answer- b. Assume 85 companies were included in the sample. What is the p-value for your hypothesis test? Enter negative value as negative number. t-value (to 3 decimals) p-value Select your answer- c. At a = 0.05, what is your conclusion? Select your answer- the null hypothesis. We- Select your answer- enough evidence to disprove the shareholder group's claim.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least eight years. A survey of companies reported in The
Wall Street Journal found a sample mean tenure of = 7.31 years for CEOS with a standard deviation of s = 6.09 years.
a. Formulate hypotheses that can
be used to challenge the validity of the claim made by the shareholders' group.
Ho : 4
Select your answer-
8.
Ha:
Select your answer-
8.
b. Assume 85 companies were included in the sample. What is the p-value for your hypothesis test? Enter negative value as negative number.
t-value
(to 3 decimals)
p-value
Select your answer
c. At a 0.05, what is your conclusion?
Select your answer-
the null hypothesis. We
Select your answer -
enough evidence to disprove the shareholder group's claim,](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F49b390b5-d1b4-42ba-a862-d17407955d4b%2F7f786034-9532-445c-a0e8-f230936e72cb%2F6mgol1i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 3 of
Check My Work (3 remaining
A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least eight years. A survey of companies reported in The
Wall Street Journal found a sample mean tenure of = 7.31 years for CEOS with a standard deviation of s = 6.09 years.
a. Formulate hypotheses that can
be used to challenge the validity of the claim made by the shareholders' group.
Ho : 4
Select your answer-
8.
Ha:
Select your answer-
8.
b. Assume 85 companies were included in the sample. What is the p-value for your hypothesis test? Enter negative value as negative number.
t-value
(to 3 decimals)
p-value
Select your answer
c. At a 0.05, what is your conclusion?
Select your answer-
the null hypothesis. We
Select your answer -
enough evidence to disprove the shareholder group's claim,
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