In a simple random sample of 24 small business owners, 20 said that hiring college workplace better. Test the hypothesis that more than 70% of small business owners believe that hiring college graduates makes their workplace better at the 0.05 level. What is the alternative hypothesis? Op ≥ 0.83 Op ≥ 0.7 Op > 0.7 Op ≥ 0.7 Op > 0.7 Op > 0.83 Op > 0.83 Op ≥ 0.83 What is the appropriate critical value? 01.96 01.714 O 1.645 02.069
In a simple random sample of 24 small business owners, 20 said that hiring college workplace better. Test the hypothesis that more than 70% of small business owners believe that hiring college graduates makes their workplace better at the 0.05 level. What is the alternative hypothesis? Op ≥ 0.83 Op ≥ 0.7 Op > 0.7 Op ≥ 0.7 Op > 0.7 Op > 0.83 Op > 0.83 Op ≥ 0.83 What is the appropriate critical value? 01.96 01.714 O 1.645 02.069
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Chapter1: Starting With Matlab
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Question
![What is the appropriate critical value?
01.96
1.714
O 1.645
O2.069
State your decision given a test statistic of 4.77.
O Reject Ho
O Fail to reject Ho
O Accept Ho
70% of
The correct conclusion is that we Select an answer conclude that Select an answer
Select an answer small business owners believe that hiring college graduates makes their workplace
better.
What level of concern do you have for the validity of your results?
O Low
the only assumption violated (ngo = 7.2) misses by a very small margin, so there is minor
concern
O None
all assumptions are met so there appears to be no problem with the conclusion
O Extreme - we should not use any part of what we've done to make a conclusion
O Moderate
the sample size is only 24, but that's likely close enough to 30 for our results to not be
completely dismissed
O Either the low or moderate response is acceptable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3537a5bf-9ba4-4d46-9d69-9809ffbc0823%2F71f22c1c-5688-42b3-8a0e-8f79a5e5961f%2Fyrn57h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is the appropriate critical value?
01.96
1.714
O 1.645
O2.069
State your decision given a test statistic of 4.77.
O Reject Ho
O Fail to reject Ho
O Accept Ho
70% of
The correct conclusion is that we Select an answer conclude that Select an answer
Select an answer small business owners believe that hiring college graduates makes their workplace
better.
What level of concern do you have for the validity of your results?
O Low
the only assumption violated (ngo = 7.2) misses by a very small margin, so there is minor
concern
O None
all assumptions are met so there appears to be no problem with the conclusion
O Extreme - we should not use any part of what we've done to make a conclusion
O Moderate
the sample size is only 24, but that's likely close enough to 30 for our results to not be
completely dismissed
O Either the low or moderate response is acceptable
![In a simple random sample of 24 small business owners, 20 said that hiring college graduates makes thell
workplace better. Test the hypothesis that more than 70% of small business owners believe that hiring
college graduates makes their workplace better at the 0.05 level.
What is the alternative hypothesis?
Op ≥ 0.83
Op ≥ 0.7
Op > 0.7
Op ≥ 0.7
Op > 0.7
Op > 0.83
Op > 0.83
Op≥ 0.83
What is the appropriate critical value?
01.96
O 1.714
1.645
O2.069
State your decision given a test statistic of 4.77.
O Reject Ho
O Fail to reject Ho
O Accept Ho
The correct conclusion is that we Select an answer conclude that Select an answer
✓70% of
inorr ownors believe that hiring college graduates makes their workplace](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3537a5bf-9ba4-4d46-9d69-9809ffbc0823%2F71f22c1c-5688-42b3-8a0e-8f79a5e5961f%2Fe8bsbmp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In a simple random sample of 24 small business owners, 20 said that hiring college graduates makes thell
workplace better. Test the hypothesis that more than 70% of small business owners believe that hiring
college graduates makes their workplace better at the 0.05 level.
What is the alternative hypothesis?
Op ≥ 0.83
Op ≥ 0.7
Op > 0.7
Op ≥ 0.7
Op > 0.7
Op > 0.83
Op > 0.83
Op≥ 0.83
What is the appropriate critical value?
01.96
O 1.714
1.645
O2.069
State your decision given a test statistic of 4.77.
O Reject Ho
O Fail to reject Ho
O Accept Ho
The correct conclusion is that we Select an answer conclude that Select an answer
✓70% of
inorr ownors believe that hiring college graduates makes their workplace
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