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

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
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
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
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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman