Mathematics, 14.05.2021 19:20 samanthacruzsc51
In a random sample of 150 people in a large city, 117 indicated that buying a house is
a good investment.
a. A critic claims that the true proportion is .70. Test the validity of this claim against a two-
sided alternative at the 5% level of significance. In answering, write the null and alternative
hypotheses and the decision rule. Show your calculations and state your conclusion.
b. Find a 95% confidence interval estimate for the true proportion and interpret it.
c. Use your results in part (b) to explain whether you reject the claim that the true proportion
is .70.
d. Is your conclusion in part (c) the same as your conclusion in part (a)? Explain clearly.
Answers: 1
Mathematics, 21.06.2019 16:50
Suppose that the price p (in dollars) and the weekly sales x (in thousands of units) of a certain commodity satisfy the demand equation 4p cubedplusx squaredequals38 comma 400. determine the rate at which sales are changing at a time when xequals80, pequals20, and the price is falling at the rate of $.20 per week.
Answers: 3
Mathematics, 21.06.2019 18:30
The final cost of a sale is determined by multiplying the price on the tag by 75%. which best describes the function that represents the situation?
Answers: 1
Mathematics, 21.06.2019 19:00
[15 points, algebra 2]simplify the complex fraction and find the restrictions.
Answers: 1
In a random sample of 150 people in a large city, 117 indicated that buying a house is
a good inves...
Physics, 08.08.2019 22:10
Mathematics, 08.08.2019 22:10
Computers and Technology, 08.08.2019 22:10
English, 08.08.2019 22:10
Physics, 08.08.2019 22:20