How to conclude that there-higher proportion of us companies

Reference no: EM13114924

Suppose a random sample of 100 U.S. companies taken in 2005 showed that 21 offered high-deductible health insurance plans to their workers. A separate random sample of 120 firms taken in 2006 showed that 30 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of U.S. companies offering high-deductible health insurance plans to their workers in 2006 than in 2005? Conduct your hypothesis test at a level of significance α = 0.07.

Reference no: EM13114924

Questions Cloud

Which hormone acts as the catalyst for creating : Which hormone acts as the catalyst for creating the differences in the brains of females and males during the 12th week of gestation?

Elements of a decision-theory-alternatives : What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why?

Elucidate the magnitude of the force required to pull : The box is taken up a mountain where the air pressure outside the box is 8.00 104 Pa. The inside of the box is completely evacuated. Elucidate the magnitude of the force required to pull the lid off the box?

Illustrate what is the magnitude of the force required : he box is taken up a mountain where the air pressure outside the box is 8.00 104 Pa. The inside of the box is completely evacuated. Illustrate what is the magnitude of the force required to pull the lid off the box?

How to conclude that there-higher proportion of us companies : Can you conclude that there is a higher proportion of U.S. companies offering high-deductible health insurance plans to their workers in 2006 than in 2005?

Determining economy market : Given an economy that is operating at less than the full employment level, analyze the effects of an increase in consumer confidence on the following markets. Start with an initial equilibrium in each market.

Illustrate what is the smallest angle of incidence : Illustrate what is the smallest angle of incidence with respect to the top mirror, such that the laser beam hits the mirrors in each way?

Impact of fluctuations in currency values : What will happen to this company's sales if the dollar appreciates by 15 percent? What will happen to the company's sales if the dollar depreciates by 10 percent?

How much heat in kilojoules must be removed : How much heat in Kilojoules must be removed from a glass of water that contains 100G if water to lower its temperature from 30C to 15C.

User Account

All Pages