KConduct a test at the α = 0.05 level of significance by determining (a) the null and alternative hypotheses, (b) the test statistic, and (c) the P-value. Assume the samples were obtained independentlyfrom a large population using simple random sampling.Test whether p₁> P2. The sample data are x₁ = 116, n₁ = 244, x2 = 132, and n₂ = 313.(a) Choose the correct null and alternative hypotheses below.OA. Ho P1 P2 versus H₁: P1 P2OB. Ho P₁ P2 versus H₁: P₁ P2OD. Ho p₁ =0 versus H₁:.p₁ #0(b) Determine the test statistic.Zo=(Round to two decimal places as needed.)(c) Determine the P-value.The P-value is(Round to three decimal places as needed.)What is the result of this hypothesis test?OA. Do not reject the null hypothesis because there is not sufficient evidence to conclude that p₁ #p2-OB. Do not reject the null hypothesis because there is not sufficient evidence to conclude that p₁ P2-OD. Reject the null hypothesis because there is sufficient evidence to conclude that p₁

The objective of this question is to conduct a hypothesis test to determine whether p₁ > p₂ using…

Answered: K Conduct a test at the α = 0.05 level…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Generalizing research findings from a sample to the population is most likely justified when the null hypothesis is confirmed, regardless of the sampling procedures used. a large random sample is used. a small systematic sample is used. cluster sampling is used in a large, heterogeneous population.
Question 27, please. It uses the numbers / information from #26. Thank you.
The more assurance the auditor wants, _______. A. the less representative a sample should be of the population, and the more testing the auditor needs to do B. the more representative a sample should be of the population, but the less testing the auditor needs to do to gain efficiency C. the more representative a sample should be of the population, and the more testing the auditor needs to do D. the less representative a sample should be of the population, and the less testing the auditor needs to do
Please dont use any AI. It's strictly prohibited. Help me please asap.
Read the t statistic from the table of t distributions and circle the correct answer. A two-tailed test, a sample of 40 at a .01 level of significance; t = choice a,b,c,d as followed 2.708 1.328 1.96 2.567
Find the sample variance and standard deviation. 22, 10, 4, 8, 11 Choose the correct answer below. Fill in the answer box to complete your choice. (Type an integer or a decimal. Round to one decimal place as needed.) OA. 2= B. s²= Choose the correct answer below. Fill in the answer box to complete your choice. (Round to one decimal place as needed.) OA. σ= B. s=
Over the past four days, the realized values of the random variable A are: 8, -2, 2 and 11. In the same order, the realized values of the random variable B are: 6, 2, 2 and -10. Compute the correlation between A and B.
Which of the following statements about attribute sampling is correct? A. Larger transactions have a higher chance of being selected into the sample than smaller transactions. B. The risk of over-reliance does not affect the sample size. C. Attribute sampling is often used in the test of controls. D. The haphazard selection method is often used for attribute sampling. E. If the estimated population deviation rate is higher than the tolerable deviation rate, auditors conclude the internal control is effective.
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The sample size of the test of controls varies directly with: Expected Population Deviation Rate Tolerable Rate Risk of Assessing Control Risk Too Low A. Yes Yes No B. No No Yes C. Yes No No D. No Yes Yes E. Yes Yes Yes A B C D E
Consider a population proportion p = 0.20. a. What are the expected value and the standard error for the sampling distribution of the sample proportion with n = 20 and n = 58? Note: Round the standard error to 4 decimal places. Answer is complete and correct. n Expected value Standard error 20 58 0.20 0.20 0.0894 0.0525 b. Can you conclude that the sampling distribution of the sample proportion is approximately normally distributed for both sample sizes? Yes, the sampling distribution of the sample proportion is normally distributed for both sample sizes. No, the sampling distribution of the sample proportion is not normally distributed for either sample size. No, only the sample proportion with n = 20 will have a normal distribution. No, only the sample proportion with n = 58 will have a normal distribution. c. If the sampling distribution of the sample proportion is normally distributed with n = 20, then calculate the probability that the sample proportion is between 0.18 and 0.20.…
S1: Mean per unit estimation is a classical variable sampling technique that projects the sample average to the total population by multiplying the sample average by the number of items in the population. S2: The more the auditor is relying on other substantive procedures to reduce to an acceptable level the detection risk regarding a particular population, the less assurance the auditor will require from sampling, and the smaller the sample size can be. a. BOTH STATEMENTS ARE TRUE b. BOTH STATEMENTS ARE FALSE c. ONLY S1 IS TRUE d. ONLY S2 IS TRUE

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