b. A survey was conducted to examinethe relationship between the use offinancial advisor and ownership of stocksamong middle income Kenyans. Theresults of this survey are shown in thetable below:Use of financialOwnDo not own TotaladvisorstocksstocksYes165135300No4357100Total208192400At the 5% significance level, can youconclude that the use of a financial advisoris related to stock ownership for all middleincome Kenyans? Show your workings.Critical Chi-Square value = 3.841)i. State the null and alternativehypothesesii. Compute the value of the test statisticiii. What is your hypothesis testingdecision and conclusion?

Answered: Image /qna-images/answer/f0d1ebe0-a94d-42e6-ab94-3a65bfca6b52.jpg

Answered: b. A survey was conducted to examine…

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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The Bureau of Labor Statistics reports that the official unemployment rate for Black people was 10.4% and 4.7% for White people in February 2015. Select all correct answers for this question. O The samples of white and black people are independent. The explanatory variable is the unemployment rate. The response variable is the unemployment rate. The response variable is race.
Back in April and May of 1985, the Gallup organization conducted a poll to estimate the percentage of Americans who approved of how President Reagan was handling his job. At the 5% significance level, do the data suggest that the percentage of those who approved of Reagan increased from April to May in 1985? Population 1: April p = 795/1528 = 0.5203Population 2: May p = 840/1528 = 0.5497Show all your steps, setting up your null and alternative hypothesis.
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets.A random sample of leading companies in France gave the following percentage yields based on assets. 4.6 5.4 3.4 3.1 2.4 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈ 2.109 for this sample of French companies.Another random sample of leading companies in Germany gave the following percentage yields based on assets. 3.3 3.2 3.2 4.1 5.4 5.5 5.0 5.4 3.2 3.5 3.7 2.6 2.8 3.0 3.0 2.2 4.7 3.2 Use a calculator to verify that s2 ≈ 1.077 for this sample of German companies.Test the claim that there is a difference (either way) in the population variance of percentage yields for leading companies in France and Germany. Use a 5% level of significance. How could your test conclusion relate to the…
I need help with 7, 8 and 9
Government economic studies reveal that young adults, not middle-aged or older adults, are having the most difficult time in today’s economy. Although the nation’s labor market shows a decline in the unemployment rate, the percentage of young adults, ages 18 to 24, currently employed (54 percent) is at the lowest level since the government data collection began in 1948. If you were working for a national survey organization doing a general public survey of young adults and older adults, what topics and questions would you design into your survey to elaborate on this finding?
How do the average weekly incomes of electricians and carpenters compare? A random sample of 17 regions in the United States gave the following information about average weekly income (in dollars). (Reference: U.S. Department of Labor, Bureau of Labor Statistics.) Region 1 2 3 4 5 6 7 8 9 Electricians 464 715 597 464 736 694 744 571 806 Carpenters 542 813 513 476 688 503 789 653 474 Region 10 11 12 13 14 15 16 17 Electricians 592 594 702 579 868 598 597 654 Carpenters 489 647 676 384 817 605 556 505 Does this information indicate a difference (either way) in the average weekly incomes of electricians compared to those of carpenters? Use a 5% level of significance. (a) What is the level of significance? (b) Compute the sample test statistic. (c) Find the P-value of the sample test statistic.
(ii) The lecturer wishes to compare the average scores for Business Statistics between the accounting students and the finance students. He records the marks of a group of 8 students from each course in the following table. Student Accounting course Finance course 78 54 56 95 3 67 68 4 49 71 88 82 76 7 8 62 74 86 85 57 Test at 5% level of significance whether the average score for Business Statistics is different between accounting students and finance students.
An economist wonders if corporate productivity in some countries is more volatile than in other countries. One measure of a company's productivity is annual percentage yield based on total company assets.A random sample of leading companies in France gave the following percentage yields based on assets. 4.3 5.1 3.8 3.6 2.2 3.5 2.8 4.4 5.7 3.4 4.1 6.8 2.9 3.2 7.2 6.5 5.0 3.3 2.8 2.5 4.5 Use a calculator to verify that the sample variance is s2 ≈ 2.042 for this sample of French companies.Another random sample of leading companies in Germany gave the following percentage yields based on assets. 3.3 3.9 3.7 4.6 5.1 5.5 5.0 5.4 3.2 3.5 3.7 2.6 2.8 3.0 3.0 2.2 4.7 3.2 Use a calculator to verify that s2 ≈ 1.024 for this sample of German companies.Test the claim that there is a difference (either way) in the population variance of percentage yields for leading companies in France and Germany. Use a 5% level of significance. How could your test conclusion relate to the…
The picture is attached. If it is not clear, the shaded region of the graph represents 5%. Thanks in advance.
The following table provides data on access to running water in the home for a certain developing country in 2006. Use the table to find answers to the questions. Have running water in the home Do not have running water in the home 100% People in Urban Areas 90% 78,359,000 3,265,000 People in Rural Areas 18,559,000 7,217,000 What percent of people in that country have running water in the house? Round answers to the nearest percent and include the % sign in your answer. Note that this is the number of the people that have running water (both in rural an urban areas) divided by the total number of people in the country (107,400,000). BZW
The price per share of stock for a sample of 25 companies was recorded at the beginning of the first financial quarter and then again at the end of the first financial quarter. How stocks perform during the first financial quarter is an indicator of what is ahead for the stock market and the economy. Company End of 1st quarter Beginning of 1st quarter Bank of New York Mellon 54.19 53.82 Kraft Foods 55.70 77.02 E.I. du Pont de Nemours and Company 102.57 109.00 Consolidated Edison 79.95 83.58 Johnson & Johnson 126.01 139.23 Union Pacific 132.73 135.78 Comcast 32.06 41.07 Applied Materials 50.91 53.04 Pfizer 35.40 36.44 General Electric 14.05 17.98 AT&T 32.54 38.54 Cisco Systems 44.83 38.86 Home Depot 184.63 188.03 JP Morgan Chase 108.78 107.95 Procter & Gamble 71.96 90.65 Verizon 48.82 53.53 Devon Energy 36.20 42.23 Lilly 79.07 84.68 Microsoft 95.00 85.95 Coca Cola 42.59 45.59 Qualcomm 50.82 65.20 Exxon Mobil Corporation 76.95…

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