women men sample size number receiving aid 200 250. 300 225 a. Find the 90% confidence interval for the difference in financial aid rates between men and women and interpret this interval in the context of the problem. b. Write the two hypotheses for the problem. Compute the appropriate statistical hypothesis test and report the test statistic and p-value. С. d. Write the conclusion for the problem regarding the null hypothesis using statistical language.

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Chapter1: Starting With Matlab
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A study was conducted to determine if the percent of women who received
financial aid is different form the percentage of men who receive financial aid. A
random sample of students revealed the results shown in the table. Using
(a=0.01), is there significant evidence to reject the null hypothesis?
women
men
sample size
number receiving aid 200
250.
300
225
a. Find the 90% confidence interval for the difference in financial aid rates
between men and women and interpret this interval in the context of the
problem.
b. Write the two hypotheses for the problem.
Compute the appropriate statistical hypothesis test and report the test
statistic and p-value.
d. Write the conclusion for the problem regarding the null hypothesis using
statistical language.
С.
Transcribed Image Text:A study was conducted to determine if the percent of women who received financial aid is different form the percentage of men who receive financial aid. A random sample of students revealed the results shown in the table. Using (a=0.01), is there significant evidence to reject the null hypothesis? women men sample size number receiving aid 200 250. 300 225 a. Find the 90% confidence interval for the difference in financial aid rates between men and women and interpret this interval in the context of the problem. b. Write the two hypotheses for the problem. Compute the appropriate statistical hypothesis test and report the test statistic and p-value. d. Write the conclusion for the problem regarding the null hypothesis using statistical language. С.
Expert Solution
Step 1

Given that,

Sample size of women n1=250

Sample size of men n1=300

Sample proportion of women receiving aid p1^=200250=0.80

Sample proportion of men receiving aid p2^=225300=0.75

Step 2

a. Confidence interval:

Hypothesis:

H0:p1-p2=0

H1:p1-p20

Critical value:

The two tailed z critical value at 90% confidence level is 1.645.

Calculation:

The 90% confidence interval for the difference in financial aid rates between men and women can be calculated as follows:

CI=p1^-p2^±zcp1^1-p1^n1+p2^1-p2^n1=0.80-0.75±1.6450.801-0.80250+0.751-0.75300=0.05±0.05851=-0.0085, 0.1085

Interpretation:

Since the value of the parameter specified by the null hypothesis (0) is contained in the 90% confidence interval, the null hypothesis cannot be rejected.

Thus, there is no sufficient evidence to conclude that the percent of women who received financial aids is different from the percent of men who received financial aids.

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