**They are mostly multiple choice ***
1. Test the claim that the proportion of people who own cats is smaller than 30% at the 0.025 significance level.
The null and alternative hypothesis would be:
The test is:
Based on a sample of 800 people, 26% owned cats
The p-value is:
(to 2 decimals)
2. A well-known brokerage firm executive claimed that 60% of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that in a sample of 600 people, 66% of them said they are confident of meeting their goals.
Test the claim that the proportion of people who are confident is larger than 60% at the 0.10 significance level.
The null and alternative hypothesis would be:
The test is:
The test statistic is:
(to 3 decimals)
The p-value is:
(to 4 decimals)
Based on this we:
- Reject the null hypothesis
3.
Past studies have indicated that the percentage of smokers was estimated to be about 30%. Given the new smoking cessation programs that have been implemented, you now believe that the percentage of smokers has reduced. You randomly surveyed 1884 people and found that 520 smoke. Use a 0.05 significance level to test the claim that the percentage of smokers has reduced.
a) Identify the null and alternative hypotheses?
H0
:
H1
:
b) What type of hypothesis test should you conduct (left-, right-, or two-tailed)?
c) Identify the appropriate significance level.
d) Calculate your test statistic. Write the result below, and be sure to round your final answer to two decimal places.
e) Calculate your p-value. Write the result below, and be sure to round your final answer to four decimal places.
f) Do you reject the null hypothesis?
g) Select the statement below that best represents the conclusion that can be made.
a) Identify the null and alternative hypotheses?
H0
:
H1
:
b) What type of hypothesis test should you conduct (left-, right-, or two-tailed)?
c) Identify the appropriate significance level.
d) Calculate your test statistic. Write the result below, and be sure to round your final answer to two decimal places.
e) Calculate your p-value. Write the result below, and be sure to round your final answer to four decimal places.
f) Do you reject the null hypothesis?
g) Select the statement below that best represents the conclusion that can be made.
h) Can we conclude that nausea a side effect of Tamiflu?
Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.
A sample of 57 stocks traded on the NYSE that day showed that 7 went up.
You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.10
.
What is the test statistic for this sample? (Report answer accurate to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to four decimal places.)
p-value =
The p-value is…
This p-value leads to a decision to…
As such, the final conclusion is that…
6. 6.16 Is college worth it? Part I: Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school.
(a) A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement.
The hypotheses for this test are:
The test statistic is: (please round to two decimal places) The p-value associated with this hypothesis test is: (please round to four decimal places) What is the conclusion of the hypothesis test?
Interpret the result of the test in the context of this study and article:
(b) Would you expect a confidence interval for the proportion of American adults who decide not to go to college because they cannot afford it to include 0.5?
“Trydint” bubble-gum company claims that 3 out of 10 people prefer their gum to “Eklypse” and they want to test if this value is different.
The null and alternative hypothesis in symbols would be:
The null hypothesis in words would be:
Based on a sample of 310 people, 91 said they prefer “Trydint” gum to “Eklypse”.
The point estimate is:
(to 3 decimals)
The 95 % confidence interval is:
to (to 3 decimals)
Based on this we:
8.
“Trydint” bubble-gum company claims that 3 out of 10 people prefer their gum to “Eklypse”. Test their claim that it is different at the 95 confidence level.
The null and alternative hypothesis in symbols would be:
The null hypothesis in words would be:
Based on a sample of 180 people, 25 said they prefer “Trydint” gum to “Eklypse”.
The point estimate is:
(to 3 decimals)
The 95 % confidence interval is:
to (to 3 decimals)
Based on this we:
9.
“Trydint” bubble-gum company claims that 3 out of 10 people prefer their gum to “Eklypse” and they want to test if this value is different.
The null and alternative hypothesis in symbols would be:
The null hypothesis in words would be:
Based on a sample of 310 people, 91 said they prefer “Trydint” gum to “Eklypse”.
The point estimate is:
(to 3 decimals)
The 95 % confidence interval is:
to (to 3 decimals)
Based on this we:
Suppose the confidence interval (0.6358, 0.7532) represents the proportion of Skyline College students who say math is their favorite subject.
a. Based on the confidence interval, is it likely 60% of Skyline College students say math is their favorite subject?
Incorrectb. Based on the confidence interval, does it appear that more than 60% of Skyline College students say math is their favorite subject?
Incorrect
c. Based on the confidence interval, does it appear that fewer than 60% of Skyline College students say math is their favorite subject?


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