line read, "More Than Half of Americans Say Federal Taxes Too High." The headline was based on a random sample of 1202 adult Americans in which 609 stated the amount of federal tax they have to pay is too high. Is this an accurate headline? Assume the α=0.01 level of significance.

line read, "More Than Half of Americans Say Federal Taxes Too High." The headline was based on a random sample of 1202 adult Americans in which 609 stated the amount of federal tax they have to pay is too high. Is this an accurate headline? Assume the α=0.01 level of significance.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Is the proportion of wildfires caused by humans in the south higher than the proportion of wildfires caused by humans in the west? 380 of the 581 randomly selected wildfires looked at in the south were caused by humans while 318 of the 503 randomly selected wildfires looked at the west were caused by humans. What can be concluded at the a = 0.10 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: Select an answer v Select an answer Select an answer v (please enter a decimal) Hj: Select an answer Select an answer vSelect an answer v (Please enter a decimal) c. The test statistic ? v (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? a f. Based on this, we should Select an answer g. Thus, the final conclusion is that ... |the null hypothesis. O The results are statistically significant at a = 0.10, so there is sufficient evidence to…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 703.8. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 36 high-income individuals and found the sample mean credit score to be 719.8 with a standard deviation of 81.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the α=0.05 level of significance.
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.2. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 31 high-income individuals and found the sample mean credit score to be 723.3 with a standard deviation of 80.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the α = 0.05 level of significance. C State the null and alternative hypotheses. Ho: HY H₁: (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis.…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 700.1. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 45 high-income individuals and found the sample mean credit score to be 713.4 with a standard deviation of 84.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) e%3D Make a conclusion regarding the hypothesis. the null hypothesis. There…
A national organization that conducts research on the cost and quality of health care in the U.S. reported that, in 2012, U.S. families spent an average of $9,590 on health care expenses. Suppose you decide to test whetherthe average in 2015 is greater than the average in 2012. After conducting the appropriate statistical test, you find a P-value of 0.022. If the level of significance is 0.05, which of the following is the best interpretation of the P-value? a. The P-value of 0.022 indicates that there is a 2.2% chance that the 2015 average is greater than the average amount spent in 2012.b. The P-value of 0.022 provides weak evidence that the average in 2015 average is greater than the average amount spent in 2012.c. The P-value of 0.022 provides strong evidence that the 2015 average is greater than the average amount spent in 2012.d. The P-value of 0.022 indicates that there is a very low probability that the 2015 average is different than average amount spent in 2012.
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 702.4. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 41 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 80.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a= 0.05 level of significance. State the null and alternative hypotheses. Ho H H₁ H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value= (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…
An article published in the “American Journal of Public Health” describes the results of a health survey administered to 119 male convicts, 50 years of age or older, residing in a state social rehabilitation center. It was found that 21.6% of them claimed to have a history of venereal diseases. Based on these findings, we wish to evaluate whether more than 15% of this population has a history of venereal diseases. What would be the p value that allows evaluating the research question? A. 4.32 B. 2.09 C. -1.72 D. 0.018 E. 0.957
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 710.6. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 48 high-income individuals and found the sample mean credit score to be 723.6 with a standard deviation of 81.2. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.10 level of significance. Click the icon to view the table of critical t-values. State the null and alternative hypotheses. Fill in the correct answers below. Ho: Hyi H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Approximate the P-value. The P-value is in the range Make…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 43 high-income individuals and found the sample mean credit score to be 723.3 with a standard deviation of 84.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 705.8. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 37 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 81.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Họ: H H1: H (Type integers or decimals. Do not round.)
Is the proportion of wildfires caused by humans in the south higher than the proportion of wildfires caused by humans in the west? 356 of the 579 randomly selected wildfires looked at in the south were caused by humans while 322 of the 597 randomly selected wildfires looked at the west were caused by humans. What can be concluded at the a = 0.01 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Hn: Select an answer v Select an answer v Select an answer v (please enter a decimal) Hj: Select an answer v Select an answer v Select an answer v (Please enter a decimal) c. The test statistic ? v= (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? v a f. Based on this, we should Select an answer v the null hypothesis. g. Thus, the final conclusion is that ... O The results are statistically significant at a = 0.01, so there is sufficient…
A union of restaurant and foodservice workers would like to estimate the mean hourly wage, u, of foodservice workers in the U.S. this year The mean hourly wage last year was $8.16, and there is good reason to believe that this year's value is greater than last year's. The union decides to do a statistical test to see if the value has indeed increased. The union chooses a random sample of this year's wages, computes the mean of the sample to be $8.43, and computes the standard deviation of the sample to be $1.25. Based on this information, complete the parts below. (a) What are the null hypothesis H, and the alternative hypothesis H, that should be used for the test? H, :0 OSO H :0 D=0 (b) Suppose that the union decides not to reject the null hypothesis. What sort of error might it be making? (Choose one) (c) Suppose the true mean hourly wage for foodservice workers in the U.S. this year is $8.16. Fill in the blanks to describe a Type I error. A Type I error would be the hypothesis that…