
a:
Calculate the z value and p value with boys.
a:

Explanation of Solution
The null hypothesis (H0) is
The calculated Z value and p value can be obtained using the statistical software. The result is given below:
The Z value is 2.49 and the p value is 0.0065. Since the p value is nearly equal to 0, the alternate hypothesis is accepted.
b:
Calculate the z value and p value with girls.
b:

Explanation of Solution
The null hypothesis (H0) is
The calculated Z value and p value can be obtained using the statistical software. The result is given below:
The Z value is 0.893 and the p value is 0.1859. Since the p value is significantly different from 0, the alternate hypothesis is not accepted.
c:
Calculate the z value and p value with boys and girls.
c:

Explanation of Solution
The null hypothesis (H0) is
The calculated Z value and p value can be obtained using the statistical software. The result is given below:
The Z value is 2.61 and the p value is 0.0045. Since the p value is nearly equal to 0, the alternate hypothesis is accepted.
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Chapter 13 Solutions
EBK STATISTICS FOR MANAGEMENT AND ECONO
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- Published in 1980, the book Free to Choose discusses how economists Milton Friedman and Rose Friedman proposed a one-sided view of the benefits of a voucher system. However, there are other economists who disagree about the potential effects of a voucher system.arrow_forwardThe following diagram illustrates the demand and marginal revenue curves facing a monopoly in an industry with no economies or diseconomies of scale. In the short and long run, MC = ATC. a. Calculate the values of profit, consumer surplus, and deadweight loss, and illustrate these on the graph. b. Repeat the calculations in part a, but now assume the monopoly is able to practice perfect price discrimination.arrow_forwardThe projects under the 'Build, Build, Build' program: how these projects improve connectivity and ease of doing business in the Philippines?arrow_forward
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