Does statistically significant evidence exist to suggest

Assignment Help Microeconomics

Reference no: EM131029248

The commercialism of the U.S. space program has been a topic of great interest since Dennis Tito paid $20 million to ride along with the Russian cosmonauts on the space shuttle. In a survey of 500 men and 500 women, 20% of the men and 26% of the women responded that space should remain commercial free.

a. Does statistically significant evidence exist to suggest that there is a difference in the population proportions of men and women who think that space should remain commercial free? Use a .05 level test.

b. Why is a statistically significant difference in these population proportions of practical importance to advertisers?

Reference no: EM131029248

Questions Cloud

Required using the low-level coded product structure tree : Product A consists of three units of Subassembly B, three units of C, and one unit of D. B is composed of two units of E and three units of F. C is made of three units of H and four units of D. H is made of five units of E and two units of G. d. To p..

Components as taking the you attitude emphasizing positive : Components as taking the "you" attitude, emphasizing the positive, establishing credibility, being polite, using bias-free language, using visual aids, and projecting a good company image. How can I exhibit these qualities in a formal proposal?

Describe role of packaging labeling in marketing of product : Explain the purposes of each step of the new-product process. Identify ways that marketing executives manage a product's life cycle. Describe the role of packaging, labeling, and warranties in the marketing of a product

Write the equation in the slope-intercept form : Carla invested $23,000, part at 16% and part at 15%. If the total interest at the end of the year is $3,500, how much did she invest at 16%?

Does statistically significant evidence exist to suggest : In a survey of 500 men and 500 women, 20% of the men and 26% of the women responded that space should remain commercial free. Does statistically significant evidence exist to suggest that there is a difference in the population proportions of men a..

Relationship in planning and general function of management : Describe the relationship between planning and the other general functions of management (organizing, controlling, and influencing). In your opinion, which of the four functions is the most important? Why?

Area of redness surrounding point of injection : The area of redness surrounding the point of injection was measured after a fixed period of time. The data are shown in the table.

Who are fluent in english for the two districts : Their progress is monitored each year using the California English Language Development test. The results for two school districts in southern California for the 2003 school year are given in the accompanying table.7 Do the data indicate a signifi..

Book review on operations management : Write a book review on Operations Management, Sixth Edition, Nigel Slack, Stuart Chambers, Robert Johnston

User Account

All Pages