According to Money, 13 percent of allhouseholds own stocks. An economistwants to test this claim and see if theactual proportion is different from thatclaimed. In a random sample of 315families, the economist finds that 56 ofthe households own stocks. For theappropriate testing problem we get ap-value of0.49410.98830.01170.0059

Answered: Image /qna-images/answer/202708c5-461b-4b4e-b691-04834c1c438f.jpg

Answered: According to Money, 13 percent of all…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Does it take more time for seeds to germinate if they are near rock music that is continuously playing compared to being near classical music? The 55 seeds that were exposed to rock music took an average of 29 days to germinate. The standard deviation was 5 days. The 59 seeds that were exposed to classical music took an average of 25 days to germinate. The standard deviation for these seeds was 10 days. What can be concluded at the a = 0.01 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: H₁: Select an answer ✓ Select an answer ✓ Select an answer ✓ = Select an answer ✓ Select an answer ✓ (please enter a decimal) Select an answer (Please enter a decimal) c. The test statistic ? | = d. The p-value: e. The p-value is ? ✓ a f. Based on this, we should [Select an answer the null hypothesis. g. Thus, the final conclusion is that ... (please show your answer to 3 decimal places.) (Please show your answer to 4 decimal…
A software company is interested in improving customer satisfaction rate from the 75% currently claimed. The company sponsored a survey of 136 customers and found that 109 customers were satisfied. What is the test statistic z?
The mayoral challenger claims that less than 30% of residents over the age of 25 have bachelor’s degrees in our city. To test this claim, you survey 80 adults over the age of 25 and find only 18 possess bachelor’s degrees. At the 5% level of significance, is there enough evidence to SUPPORT the challenger’s claim? Null: Ho alternative:Ha (use u for mean and p for proportion)
Given a 95% C.I. = (34.14 mm, 36.02 mm) for a sample of Wooly Bear caterpillar lengths (preceding problem), address the following. Based upon the above information, I am _____ % confident that the 95% C.I. contains the sample mean.
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If random samples, each with n = 16 scores, are selected from a normal population with µ = 100 and σ = 20, how much difference, on average, should there be between a sample mean and the population mean?
A researcher conducts a study to investigate whether the obesity rate rural communities differ from the obesity rate from the population at large. He gathered a sample of adults from a small community, measured their weight, and compared it to the population average. What statistical test is appropriate for this study and why?
when you have means from two different samples, it is best to conduct a what test?
A software company is interested in improving customer satisfaction rate from the 55% currently claimed. The company sponsored a survey of 247 customers and found that 146 customers were satisfied. What is the test statistic z?
The percent of the population that is left-handed has historically been 10%. In a random sample of n=500 people there are 58 that are left-handed. The researcher would like to test the hypothesis that the percent of the population that is left-handed has increased. Determine the value of the test statistic
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Suppose you take a sample of 25 Reese's pieces. The proportion of orange is 0.4. What is the p-value when testing the hypothesis that the actual proportion of orange for all Reese's pieces is 0.5? Round to two places.

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