Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The following hypotheses are given. H0 : π ≤ 0.81H1 : π > 0.81

A sample of 140 observations revealed that p = 0.92. At the 0.10 significance level, can the null hypothesis be rejected?

a.State the decision rule. (Round your answer to 2 decimal places.)

Reject H0  if z > 

b.Compute the value of the test statistic. (Round your answer to 2 decimal places.)

Value of the test statistic  

c.What is your decision regarding the null hypothesis?   (Click to select)

Reject

Do not reject

H0.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92718422
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Answer as thourough as possibleconsider an airline whose

Answer as thourough as possible. Consider an airline whose bottom line is sensitive to volatile jet fuel prices. To reduce the volatility, management decides to use derivatives to hedge the cost of jet fuel. The risk man ...

Waterton lakes national park in alberta has 6 trails that

Waterton Lakes National Park in Alberta has 6 trails that reach the icefields. If a hiker wishes to reach the icefields in 3 different ways during a visit, how many different possibilities would there be?

Question - the data in the table below is from a study

Question - The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisf ...

Discuss if you think policy makers truly represent the

Discuss if you think policy makers truly represent the citizenry or are they pressured by third party special interest groups that support their campaigns. Should they represent both?

Suppose that for a given patient the true ef is 63 consider

Suppose that, for a given patient, the true EF is 63. Consider the population of EF values that can be estimated on that patient using option II above. That population follows a normal distribution with μ= 63. Find the p ...

You are working for a large corporation and oversee a

You are working for a large corporation and oversee a marketing research project. For this study, your questionnaire length is 10 minutes and the incidence is 35%, yielding a CPI is $23.00. Your company requires all rese ...

What is correct alternative hypothesis for the claim that

What is correct alternative hypothesis for the claim that the average professional basketball player is at least 6' 9" tall. And Answer "True" if the statement is always true. If the statement is not always true, replace ...

Retail stores experience their heaviest returns on december

Retail stores experience their heaviest returns on December 26th and December 27th each year. The distribution for the Number of Items Returned (X) for Hilldale Macy's on those days last year is given in the table below. ...

What steps do i take to calculate suppose x has a

What steps do I take to calculate "Suppose x has a distribution with a mean of 40 and a standard deviation of 28. Random samples of size n = 64 are drawn. (the - next to the x indicates that the - is over the x in the qu ...

1 you are analyzing a common stock with a beta of 28 the

1.) You are analyzing a common stock with a beta of 2.8. The risk-free rate of interest is 5 percent and the expected return on the market is 12 percent. What is the stock's equilibrium required rate of return? Round to ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As