The following minitab output presents the results of a, Ask an Expert

Economics

The following MINITAB output presents the results of a hypothesis test for the difference p1 - p2 between two population proportions.

Test and CI for Two Proportions

Sample	X	N	Sample p
1	41	97	0.422680
2	37	61	0.606557

Difference = p (1) - p (2) Estimate for difference: -0.183877

95% CI for difference: (-0.341016, -0.026738)

Test for difference = 0 (vs not = 0): Z = -2.25 P-Value = 0.024

a. Is this a one-tailed or two-tailed test?

b. What is the null hypothesis?

c. Can H0 be rejected at the 5% level? How can you tell?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91724897

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question a 2000-gallon metal tank to store hazardous

Question: A 2000-gallon metal tank to store hazardous materials was bought 15 years ago at cost of $100,000. What will a 5,000-gallon tank cost today if the power-sizing exponent is 0.57 and the construction cost index f ...

Question consumers problem ed is a programmer who has

Question: Consumer's Problem Ed is a programmer, who has preferences over the consumption good and leisure given by U(C, l) = Cl. He needs to use at least 8 hours a day for sleep, eating, etc., but he can in principle wo ...

Question in each of the following examples discuss which

Question: In each of the following examples, discuss which market model appears to best explain the behavior described: a. Corn prices reached record highs in the United States in August 2012, given the worst drought in ...

Question improved methods of inventory control were

Question: Improved methods of inventory control were supposed to reduce fluctuations in inventory stocks. It is clear that these methods have helped reduce the equilibrium inventory/sales ratios in both the manufacturing ...

Question suppose that the banking system in the united

Question: Suppose that the banking system in the United States could be described by the following set of equations: Reserve requirement ratio (rr) = 0.09 Currency in circulation (C) = $565 billion Total Deposits (D) = $ ...

Question abc company pays members of its sales force

Question: ABC Company pays members of its sales force commissions based on their dollar volumes, but XYZ Company pays its salespeople fixed monthly salaries. What characteristics of the company, its market, or the produc ...

Question research on how supervisors rate employees who

Question: Research on how supervisors rate employees who work under them has found that in some firms as many as 95 percent of all ratings are "good" or "outstanding." a. Is this necessarily evidence that supervisors are ...

Question a consulting firm estimates the demand by local

Question: A consulting firm estimates the demand by local businesses for attendance at a pro sports team's games: PB = $140 - 4AB where PB is the ticket price paid by businesses, measured in dollars, and AB is their atte ...

Question explain why government budget deficits crowd out

Question: Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of production are ...

Question 1 explain the logic underlying the law of one

Question: 1. Explain the logic underlying the law of one price and the theory of purchasing power parity. 2. How will a decrease in the federal goverment's budget deficit affect the equilibrium interest rate in the bond ...

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

Recent Questions

Ask Microeconomics Expert