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- In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data: B: Percent increasefor company 24 25 25 18 6 4 21 37 A: Percent increasefor CEO 21 25 22 14 −4 19 15 30 What is the value of the sample test statistic? (Round your answer to three decimal places.)=__ (c)Find (or estimate) the P-value. A-P-value > 0.500 B-0.250 < P-value < 0.500 C- 0.100 < P-value < 0.2500.050 <…In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data:In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.s. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.r. may increase the Pvalue by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOS) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data: B Percent increase 24 25 25 18 6 for company 21 37 4 A: Percent increase 23 for CEO 22 14 -4 19 15 30 A USE SALT Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d - B - A.) (a) What…
- Consider these sample data: x1=15, x2=9, x3=3, x4=22. a. Find n. b. Compute ∑xi. c.Determine x. a.n=In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data: B: Percent increasefor company 24 25 25 18 6 4 21 37 A: Percent increasefor CEO 21 25 22 14 −4 19 15 30 Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d = B − A.)…Let the height data (105)represent sample. Use an appropriate statistical test to check whether the population mean is different from 170 cm.Use α = 0.05.Also, write a substantive conclusion and explanation. Use an appropriate graph to check if data is normally distributed. Do it in R commander.
- In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. A survey of houses and traditional hogans was made in a number of different regions of the modern Navajo Indian Reservation. The following table is the result of a random sample of eight regions on the Navajo Reservation. I need help with (c), sketching and (d) and (e)In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data: B: Percent increasefor company 24 25 23 18 6 4 21 37 A: Percent increasefor CEO 21 23 22 14 −4 19 15 30 Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d = B −…A population has SS = 30 and σ2 = 3. How many scores are in the population?
- In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer.Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data: B: Percent increasefor company26 21 27 18 6 4 21 37 A: Percent increasefor CEO23 23 22 14 -4 19 15 30 What is the value of the sample test statistic? (Round your answer to three decimal places.)For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. Small Businesses is interested in the proportion of small businesses that declared Chapter 11 bankruptcy last year. Since there are so many small businesses, the National Council intends to estimate the proportion The National Council from a random sample. Let p be the proportion of small businesses that declared Chapter 11 bankruptcy last year. (a) If no preliminary sample is taken to estimate p, how large a sample is necessary to be 99% sure that a point estimate p will be within a distance of 0.09 from p? (Round your answer up to the nearest whole number.) small businesses (b) In a preliminary random sample of 30 small businesses, it was found that twelve had declared Chapter 11 bankruptcy. How many more small businesses should be included in the sample to be 99% sure that a point estimate p will be within a distance of 0.090 from p? (Round your answer up…Determine the sample size associated with the following formula. Remember to always round up to the next highest whole number. ?=[(1.96)⋅(3.56)0.16]2n=[(1.96)⋅(3.56)0.16]2