According to a recent National Association of Colleges and Employers (NACE) report, 44 % of college student who had unpaid internships received full-time job offers post-graduation compared to 72 % of college student who had paid internships. A recent survey of 60 college unpaid interns at a local university found that 30 received full-time job offers post-graduation. a. Use the five-step p -Value approach to hypothesis testing and a 0.05 level of significance to determine whether the proportion of college unpaid interns that received full-time job offers post-graduation is different from 0.44. b. Assume that the study found that 35 if the 60 college unpaid interns had received full-time job offers post-graduation and repeat (a). Are the conclusions the same?
According to a recent National Association of Colleges and Employers (NACE) report, 44 % of college student who had unpaid internships received full-time job offers post-graduation compared to 72 % of college student who had paid internships. A recent survey of 60 college unpaid interns at a local university found that 30 received full-time job offers post-graduation. a. Use the five-step p -Value approach to hypothesis testing and a 0.05 level of significance to determine whether the proportion of college unpaid interns that received full-time job offers post-graduation is different from 0.44. b. Assume that the study found that 35 if the 60 college unpaid interns had received full-time job offers post-graduation and repeat (a). Are the conclusions the same?
Solution Summary: The author concludes that the proportion of college unpaid interns who received full-time job offers post-graduation is different from 0.44.
According to a recent National Association of Colleges and Employers (NACE) report,
44
%
of college student who had unpaid internships received full-time job offers post-graduation compared to
72
%
of college student who had paid internships.
A recent survey of 60 college unpaid interns at a local university found that 30 received full-time job offers post-graduation.
a. Use the five-step p-Value approach to hypothesis testing and a 0.05 level of significance to determine whether the proportion of college unpaid interns that received full-time job offers post-graduation is different from 0.44.
b. Assume that the study found that 35 if the 60 college unpaid interns had received full-time job offers post-graduation and repeat (a). Are the conclusions the same?
A well-known company predominantly makes flat pack furniture for students. Variability with the automated machinery means the wood components are cut with a standard deviation in length of 0.45 mm. After they are cut the components are measured. If their length is more than 1.2 mm from the required length, the components are rejected.
a) Calculate the percentage of components that get rejected.
b) In a manufacturing run of 1000 units, how many are expected to be rejected?
c) The company wishes to install more accurate equipment in order to reduce the rejection rate by one-half, using the same ±1.2mm rejection criterion. Calculate the maximum acceptable standard deviation of the new process.
5. Let X and Y be independent random variables and let the superscripts denote
symmetrization (recall Sect. 3.6). Show that
(X + Y) X+ys.
8. Suppose that the moments of the random variable X are constant, that is, suppose
that EX" =c for all n ≥ 1, for some constant c. Find the distribution of X.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Hypothesis Testing - Solving Problems With Proportions; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=76VruarGn2Q;License: Standard YouTube License, CC-BY
Hypothesis Testing and Confidence Intervals (FRM Part 1 – Book 2 – Chapter 5); Author: Analystprep;https://www.youtube.com/watch?v=vth3yZIUlGQ;License: Standard YouTube License, CC-BY