EP BUSINESS STATISTICS:FIRST COURSE-ACC
8th Edition
ISBN: 9780135179802
Author: Levine
Publisher: PEARSON CO
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Chapter 3, Problem 3.56CYU
How do the
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A researcher wishes to estimate, with 90% confidence, the population proportion of adults who support labeling
legislation for genetically modified organisms (GMOs). Her estimate must be accurate within 4% of the true proportion.
(a) No preliminary estimate is available. Find the minimum sample size needed.
(b) Find the minimum sample size needed, using a prior study that found that 65% of the respondents said they support
labeling legislation for GMOs.
(c) Compare the results from parts (a) and (b).
...
(a) What is the minimum sample size needed assuming that no prior information is available?
n =
(Round up to the nearest whole number as needed.)
The table available below shows the costs per mile (in cents) for a sample of automobiles. At a = 0.05, can you conclude that at least one mean
cost per mile is different from the others?
Click on the icon to view the data table.
Let Hss, HMS, HLS, Hsuv and Hмy represent the mean costs per mile for small sedans, medium sedans, large sedans, SUV 4WDs, and minivans
respectively. What are the hypotheses for this test?
OA. Ho: Not all the means are equal.
Ha Hss HMS HLS HSUV HMV
B. Ho Hss HMS HLS HSUV = μMV
Ha: Hss *HMS *HLS*HSUV * HMV
C. Ho Hss HMS HLS HSUV =μMV
= =
H: Not all the means are equal.
D. Ho Hss HMS
HLS HSUV HMV
Ha Hss HMS
HLS =HSUV = HMV
Question: A company launches two different marketing campaigns to promote the same product in two different regions. After one month, the company collects the sales data (in units sold) from both regions to compare the effectiveness of the campaigns.
The company wants to determine whether there is a significant difference in the mean sales between the two regions. Perform a two sample T-test
You can provide your answer by inserting a text box and the answer must include:
Null hypothesis,
Alternative hypothesis,
Show answer (output table/summary table), and
Conclusion based on the P value.
(2 points = 0.5 x 4 Answers)
Each of these is worth 0.5 points. However, showing the calculation is must. If calculation is missing, the whole answer won't get any credit.
Chapter 3 Solutions
EP BUSINESS STATISTICS:FIRST COURSE-ACC
Ch. 3 - The following set of data is from a sample of n =...Ch. 3 - The following set of data is from a sample of n =...Ch. 3 - The set of data is from a sample of n = 7: 12 7 4...Ch. 3 - The following set of data is from a sample of n =...Ch. 3 - Wired, a magazine that delivers a glimpse into the...Ch. 3 - The operations manager of a plant that...Ch. 3 - According to the U.S. Census Bureau (census.gov),...Ch. 3 - The file MOBILESPEEO contains the overall download...Ch. 3 - The file AIRPORTRATING contains the of large and...Ch. 3 - The annual NFL Super Bowl is the most widely...
Ch. 3 - The ACCOUNTINGPARTNERS contains the number of...Ch. 3 - The file MOBILECOMMERCE contains the following...Ch. 3 - Is there a difference in the variation of the...Ch. 3 - Prob. 3.14ACCh. 3 - A bank branch located in a commercial district of...Ch. 3 - Prob. 3.16ACCh. 3 - Using the three-year return percentage variable in...Ch. 3 - Prob. 3.18ACCh. 3 - Using the three-year return percentage variable in...Ch. 3 - Using the three-year return percentage variable in...Ch. 3 - Prob. 3.21LBCh. 3 - The following is a set of data from a sample of n...Ch. 3 - Prob. 3.23LBCh. 3 - Prob. 3.24LBCh. 3 - The file ACCOUNTINGPARTNERS contains the number of...Ch. 3 - Prob. 3.26ACCh. 3 - The file HOTELAWAY contains the average room price...Ch. 3 - Prob. 3.29ACCh. 3 - Prob. 3.30ACCh. 3 - Prob. 3.31LBCh. 3 - The following is a set of data for a population...Ch. 3 - Consider a population of 1.024 mutual funds that...Ch. 3 - The file CIGARETTETAX contains the state cigarette...Ch. 3 - Prob. 3.36ACCh. 3 - The following is a set of data from a sample of n...Ch. 3 - The file CEREALS lists the calories and sugar, in...Ch. 3 - Movie companies need to predict the gross receipts...Ch. 3 - The file MOBILESPEED contains the overall download...Ch. 3 - A Pew Research Center survey found a noticeable...Ch. 3 - Prob. 3.44CYUCh. 3 - Prob. 3.45CYUCh. 3 - What are the differences among the mean, median,...Ch. 3 - Prob. 3.47CYUCh. 3 - Prob. 3.48CYUCh. 3 - Prob. 3.49CYUCh. 3 - Prob. 3.50CYUCh. 3 - Prob. 3.51CYUCh. 3 - Prob. 3.52CYUCh. 3 - Prob. 3.53CYUCh. 3 - Prob. 3.54CYUCh. 3 - Prob. 3.55CYUCh. 3 - How do the covariance and the coefficient of...Ch. 3 - The download and upload speeds of a mobile data...Ch. 3 - An insurance company has the business objective of...Ch. 3 - Prob. 3.59CRPCh. 3 - Prob. 3.60CRPCh. 3 - Prob. 3.61CRPCh. 3 - Prob. 3.62CRPCh. 3 - Prob. 3.63CRPCh. 3 - Prob. 3.64CRPCh. 3 - Prob. 3.65CRPCh. 3 - Prob. 3.66CRPCh. 3 - What was the mean price of a room at two-star,...Ch. 3 - The file PROPERTY TAXES contains the property...Ch. 3 - Prob. 3.69CRPCh. 3 - 311 is Chicagos web and phone portal for...Ch. 3 - How much do commuters living in or near cities...Ch. 3 - How do the mean credit scores of people living in...Ch. 3 - Prob. 3.74RWE
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- In a survey of 2193 adults in a recent year, 1233 say they have made a New Year's resolution. Construct 90% and 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals. The 90% confidence interval for the population proportion p is (Round to three decimal places as needed.) J.D) .arrow_forwardLet p be the population proportion for the following condition. Find the point estimates for p and q. In a survey of 1143 adults from country A, 317 said that they were not confident that the food they eat in country A is safe. The point estimate for p, p, is (Round to three decimal places as needed.) ...arrow_forward(c) Because logistic regression predicts probabilities of outcomes, observations used to build a logistic regression model need not be independent. A. false: all observations must be independent B. true C. false: only observations with the same outcome need to be independent I ANSWERED: A. false: all observations must be independent. (This was marked wrong but I have no idea why. Isn't this a basic assumption of logistic regression)arrow_forward
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