For one binomial experiment, successes. For a second independent binomial experiment, n2 = 100 binomial trials produced 2=70 successes. At the 5% level of significance, test the claim that the probabilities of success for the two binomial experiments differ. m=75 binomial trials produced 1 = 45 (a) Compute the pooled probability of success for the two experiments. (Round your answer to three decimal places.) 0.657 (b) Check Requirements: What distribution does the sample test statistic follow? Explain. The Student's t. The number of trials is sufficiently large. The standard normal. We assume the population distributions are approximately normal. The Student's t. We assume the population distributions are approximately normal. O The standard normal. The number of trials is sufficiently large. (c) State the hypotheses. Họ: P1 = P2; H1: p1 > P2 • Ho: P1 = P2; H1:P1 * P2 Ho: P1 = P2; H1: P1 < P2 Ho: P1 < P2; H1: P1 = P2 (d) Compute P1 - P2- BE " = 7d - d Compute the corresponding sample distribution value. (Test the difference p1 - P2. Do not use rounded values. Round your final answer to two decimal places.) -1.38
Quadratic Equation
When it comes to the concept of polynomial equations, quadratic equations can be said to be a special case. What does solving a quadratic equation mean? We will understand the quadratics and their types once we are familiar with the polynomial equations and their types.
Demand and Supply Function
The concept of demand and supply is important for various factors. One of them is studying and evaluating the condition of an economy within a given period of time. The analysis or evaluation of the demand side factors are important for the suppliers to understand the consumer behavior. The evaluation of supply side factors is important for the consumers in order to understand that what kind of combination of goods or what kind of goods and services he or she should consume in order to maximize his utility and minimize the cost. Therefore, in microeconomics both of these concepts are extremely important in order to have an idea that what exactly is going on in the economy.
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