Hypothesis Testing with Proportion questionResearch at PCC indicates that 40% of students change their major area of study after their first year in a program.A random sample of 120 students in the Business Department revealed that 68 had changed their major area of study after their first year in a program.Has there been a significant decrease in the proportion of students who change their major after the first year in this program?Test at the 05 level of significance.

To determine if there has been a significant decrease in the proportion of students who change their…

Answered: Research at PCC indicates that 40% of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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 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 704.5. 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 36 high-income individuals and found the sample mean credit score to be 714.9 with a standard deviation of 81.7. 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 V H1: H V (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. V the null hypothesis.…
A study was conducted to determine the proportion of people who dream in black and white instead of color. Among 295 people over the age of 55, 64 dream in black and white, and among 312 people under the age of 25, 13 dream in black and white. Use a 0.05 significance level to test the claim that the proportion of people over 55 who dream in black and white is greater than the proportion for those under 25. Complete parts (a) through (c) below. a. Test the claim using a hypothesis test. Consider the first sample to be the sample of people over the age of 55 and the second sample to be the sample of people under the age of 25. What are the null and alternative hypotheses for the hypothesis test? O A. Ho: P₁ = P₂ H₁: P₁ P2 O B. Ho: P₁ P₂ H₁: P₁ = P2 O E. Ho: P₁ SP₂ H₁: P₁ P2 OC. Ho: P₁ P2 H₁: P₁ P2 OF. Ho: P₁ H₁: P₁ P₂ P2
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