ast year, 41% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year ndicates that 33% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 50 business owners. a. How many business owners In the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. Ho : pSelect your answer- v0.41 Hp-Select your answer - 0.41 Compute the test statistic and p-value. -value (to 2 decimals) p-value (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? Select your answer- v He. We Select your answer - v conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? (to 4 decimals)
ast year, 41% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year ndicates that 33% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 50 business owners. a. How many business owners In the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. Ho : pSelect your answer- v0.41 Hp-Select your answer - 0.41 Compute the test statistic and p-value. -value (to 2 decimals) p-value (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? Select your answer- v He. We Select your answer - v conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? (to 4 decimals)
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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