Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)
6th Edition
ISBN: 9780357228708
Author: David R. Anderson; Dennis J. Sweeney; Thomas A. Williams
Publisher: Cengage Learning US
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Chapter 9.5, Problem 36E

a.

To determine

Find the p-value and state the conclusion.

a.

Expert Solution
Check Mark

Answer to Problem 36E

The p-value is 0.003.

The conclusion is “reject the null hypothesis”.

Explanation of Solution

Calculation:

The given information is that n=300 and p¯=0.68.

The hypotheses are given below:

Null hypothesis: H0:p0.75

Alternative hypothesis: Ha:p<0.75

Test statistic:

The formula for finding test statistic is as follows:

z=p¯p0p0(1p0)n

Here, p¯ represents the sample proportion, p0 represents the hypothesized value of the population proportion, and n represents the sample size.

Substitute p¯=0.68, p0=0.75, and n=300 in z formula.

z=0.680.750.75(10.75)300=0.070.1875300=0.070.025=2.80

Thus, the value of the test statistic is −2.80.

Use Table 1: Cumulative probabilities for the standard normal distribution to find probability.

  • Locate the value –2.8 in the first column.
  • Locate the value 0.00 in the first row.
  • The intersecting value that corresponds to–2.80 is 0.0026.

Thus, the p-value is 0.0026.

Rejection rule:

If p-valueα, reject the null hypothesis.

If p-value>α, do not reject the null hypothesis.

Conclusion:

Here, the p-value is less than the level of significance.

That is, p-value(=0.0026)<α(=0.05).

By the rejection rule, the null hypothesis is rejected.

b.

To determine

Find the p-value and state the conclusion.

b.

Expert Solution
Check Mark

Answer to Problem 36E

The p-value is 0.1151.

The conclusion is “do not reject the null hypothesis”.

Explanation of Solution

Calculation:

The given information is that n=300 and p¯=0.72.

Test statistic:

Substitute p¯=0.72, p0=0.75, and n=300 in the z formula.

z=0.720.750.75(10.75)300=0.030.1875300=0.030.025=1.20

Thus, the value of the test statistic is −1.20.

Use Table 1: Cumulative probabilities for the standard normal distribution to find probability.

  • Locate the value –1.2 in the first column.
  • Locate the value 0.00 in the first row.
  • The intersecting value that corresponds to the –1.20 is 0.1151.

Thus, the p-value is 0.1151.

Conclusion:

Here, the p-value is greater than the level of significance.

That is, p-value(=0.1151)>α(=0.05).

By the rejection rule, the null hypothesis is not rejected.

c.

To determine

Find the p-value and state the conclusion.

c.

Expert Solution
Check Mark

Answer to Problem 36E

The p-value is 0.0228.

The conclusion is “reject the null hypothesis”.

Explanation of Solution

Calculation:

The given information is that n=300 and p¯=0.70.

Test statistic:

Substitute p¯=0.70, p0=0.75, and n=300 in the z formula.

z=0.700.750.75(10.75)300=0.050.1875300=0.050.025=2.00

Thus, the value of the test statistic is −2.00.

Use Table 1: Cumulative probabilities for the standard normal distribution to find probability.

  • Locate the value –2.0 in the first column.
  • Locate the value 0.00 in the first row.
  • The intersecting value that corresponds to the –2.00 is 0.0228.

Thus, the p-value is 0.0228.

From the output, the test statistic is −2.00 and the p-value is 0.0228.

Conclusion:

Here, the p-value is less than the level of significance.

That is, p-value(=0.0228)<α(=0.05).

By the rejection rule, the null hypothesis is rejected.

d.

To determine

Find the p-value and state the conclusion.

d.

Expert Solution
Check Mark

Answer to Problem 36E

The p-value is 0.7881.

The conclusion is “do not reject the null hypothesis”.

Explanation of Solution

Calculation:

The given information is that n=300 and p¯=0.77.

Test statistic:

Substitute p¯=0.77, p0=0.75, and n=300 in the z formula.

z=0.770.750.75(10.75)300=0.020.1875300=0.020.025=0.80

Thus, the value of the test statistic is 0.80.

Use Table 1: Cumulative probabilities for the standard normal distribution to find probability.

  • Locate the value 0.8 in the first column.
  • Locate the value 0.00 in the first row.
  • The intersecting value that corresponds to the 0.80 is 0.7881.

Thus, the p-value is 0.7881.

Conclusion:

Here, the p-value is greater than the level of significance.

That is, p-value(=0.7881)>α(=0.05).

By the rejection rule, the null hypothesis is not rejected.

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Chapter 9 Solutions

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)

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