Business Analytics
Business Analytics
3rd Edition
ISBN: 9780135231715
Author: Evans
Publisher: PEARSON
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Chapter 4, Problem 18PE
To determine

To create: the first, second, and third quartiles for the combined amounts of checking and savings accounts

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What is one sample T-test? Give an example of business application of this test? What is Two-Sample T-Test. Give an example of business application of this test? .What is paired T-test. Give an example of business application of this test? What is one way ANOVA test. Give an example of business application of this test? 1. One Sample T-Test: Determine whether the average satisfaction rating of customers for a product is significantly different from a hypothetical mean of 75.  (Hints: The null can be about maintaining status-quo or no difference; If your alternative hypothesis is non-directional (e.g., μ≠75), you should use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting null. If alternative is directional (e.g., μ < 75), you should use the lower-tailed p-value. For alternative hypothesis μ > 75, you should use the upper-tailed p-value.)   H0 =   H1=   Conclusion: The p value from one sample t-test is _______. Since the two-tailed p-value…
Using the accompanying Accounting Professionals data to answer the following questions.   a. Find and interpret a 90​% confidence interval for the mean years of service. b. Find and interpret a 90​% confidence interval for the proportion of employees who have a graduate degree.    view the Accounting Professionals data. Employee    Years of Service    Graduate Degree?1    26    Y2    8    N3    10    N4    6    N5    23    N6    5    N7    8    Y8    5    N9    26    N10    14    Y11    10    N12    8    Y13    7    Y14    27    N15    16    Y16    17    N17    21    N18    9    Y19    9    N20    9    N     Question content area bottom Part 1 a. A 90​% confidence interval for the mean years of service is   ​(Use ascending order. Round to two decimal places as​ needed.)
​If, based on a sample size of 900​,a political candidate finds that 509people would vote for him in a​ two-person race, what is the 95​%confidence interval for his expected proportion of the​ vote? Would he be confident of winning based on this​ poll?       Question content area bottom Part 1 A 9595​% confidence interval for his expected proportion of the vote is   ​(Use ascending order. Round to four decimal places as​ needed.)

Chapter 4 Solutions

Business Analytics

Ch. 4 - Prob. 14PECh. 4 - Find the 20thand80th percentiles of home prices in...Ch. 4 - Find the 10thand90th percentiles and the first and...Ch. 4 - Prob. 18PECh. 4 - Find the first, second, and third quartiles for...Ch. 4 - Prob. 20PECh. 4 - Prob. 21PECh. 4 - Find the mean, median, and midrange for the data...Ch. 4 - In the Excel file Facebook Survey, find the mean,...Ch. 4 - Considering the data in the Excel file Home Market...Ch. 4 - Considering the data in the Excel file Home Market...Ch. 4 - In the Excel file Facebook Survey, find the range,...Ch. 4 - For the Excel file Tablet Computer Sales, find the...Ch. 4 - The Excel file Atlanta Airline Data provides...Ch. 4 - Compute the coefficient of variation for each...Ch. 4 - Find 30 days of stock prices for three companies...Ch. 4 - Apply the Descriptive Statistics tool for subsets...Ch. 4 - Use the Descriptive Statistics tool to summarize...Ch. 4 - Prob. 39PECh. 4 - Prob. 42PECh. 4 - Prob. 43PECh. 4 - Prob. 44PECh. 4 - Prob. 45PECh. 4 - In the Excel file Bicycle Inventory, find the...Ch. 4 - Prob. 48PECh. 4 - Prob. 49PECh. 4 - Prob. 50PECh. 4 - Prob. 51PECh. 4 - Prob. 52PECh. 4 - Prob. 55PECh. 4 - Prob. 56PECh. 4 - Prob. 57PECh. 4 - Prob. 58PECh. 4 - Prob. 59PECh. 4 - In the Excel file Weddings, determine the...Ch. 4 - Prob. 61PECh. 4 - Prob. 62PECh. 4 - For the Presidents Inn Guest Database, find the...Ch. 4 - For the Excel file Credit Risk Data, compute the...Ch. 4 - Compute the z-scores for the data in the Excel...Ch. 4 - Prob. 67PECh. 4 - Prob. 68PECh. 4 - Prob. 70PECh. 4 - Prob. 71PECh. 4 - Prob. 73PECh. 4 - Prob. 74PECh. 4 - Prob. 75PE
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