E< 150 of 645 >14. Confidence in banks: A poll conducted by the General Social Survey asked a randomsample of 1325 adults in the United States how much confidence they had in banks andother financial institutions. A total of 149 adults said that they had a great deal ofconfidence. An economist claims that less than 15% of U.S. adults have a great deal ofconfidence in banks.Page 40a. State the appropriate null and alternate hypotheses.b. Compute the test statistic z.c. Using a ≈ 0.05, can you conclude that the executive's claim is true?=d. Using a = 0.01, can you conclude that the executive's claim is true?

From the provided information, Sample size (n) = 1325 From which 149 adults said that they had a…

Answered: Confidence in banks: A poll conducted…

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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Forbes reports that women in general trust recommendations from Pinterest more than recommendations from any other social network platform. But does trust in Pinterest differ by gender? The following sample data show the number of women and men who state in a recent survey that they trust recommendations made on Pinterest. Sample Trust recommendations made on Pinterest Women 150 117 Men 170 102 We want to determine whether trust in Pinterest differ by gender. Formulate the null and the alternative hypotheses. Use 1 to represent women and 2 to represent men. H0: Ha: Null: p1 – p2 ≥ 0; Alternative: p1 – p2 < 0 Null: p1 – p2 = 0 ; Alternative: p1 – p2 ≠ 0 Null: p1 – p2 ≤ 0; Alternative: p1 – p2 > 0 B. What the test statistics? You probably need to find the pooled proportion first. Pooled proportion is ___________. 0.6 0.78 0.6844 C. Test statistic is ________. 3.46 1.28 66.41 4.36
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A political scientist claims that 38% of first-year college students characterize themselves as being “moderate” or “middle of the road” as far as their political affiliation is concerned. Believing this claimed value is too high, you survey a random sample of 400 first-year college students and find that 120 characterize themselves as being “moderate” or “middle of the road.” Based on this information, what will the test statistic be? Choose the answer below that is closest to what you calculate, and try not to do a lot of rounding until you get to the very end of your calculations. 1. -0.3 2. -1.2 3. -2.6 4. -3.3 5. None of the other answer options are correct because the test statistic should be positive, not negative.
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A newspaper infographic titled "Social Media Jeopardizing Your Job?" summarized data from a survey of 1,850 recruiters and human resource professionals. The infographic indicated that 52% of the people surveyed had reconsidered a job candidate based on his or her social media profile. Assume that the sample is representative of the population of recruiters and human resource professionals in the United States. Would a 90% confidence interval be wider or narrower than the 95% confidence interval from part (a)? widernarrower
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