Knowledge regarding hypothesis test

Assignment Help Basic Statistics
Reference no: EM13110949

A consumer watchdog organization wants to see whether Bank N in the northern part of a state has a higher default rate than Bank S in the southern part of that same state. Researchers for the group sample the proportion of defaults on loans at both banks. Out of 100 loans for Bank N, they find 30 have defaulted; out of 100 loans for Bank S, they find 20 have defaulted. Complete the hypothesis test by using a 5% level for risk with a directional research hypothesis.

(a) (1) H0:

(b) (1) H1:

(c) (1) Critical Value: t =

(d) (4) Test Statistic (Show procedure.): t =

(e) (1) Decision on H0:

(f) (2) Conclusion on the problem:

Reference no: EM13110949

Questions Cloud

Discuss your plans to increase sales of product to current : Discuss your plans to increase sales of the product to current and potential customers. Explain how would you position your product in the marketplace?
Illustrate hypotheses-test statistic and critical values : Signify which test you are conducting; illustrate hypotheses, test statistic and critical values and mention whether one-tailed or two-tailed.
Why do you think it is an advantage for pigs : Why do you think it is an advantage for pigs to have long uterine horns and a small uterine body, and not the opposite?
Are the bakeries in violation of the antitrust laws : The association also decided to raise the retail price of bread from 75 to 85 cents. All the association's members printed the new price on their bread sleeves. Are the bakeries in violation of the antitrust laws?
Knowledge regarding hypothesis test : A consumer watchdog organization wants to see whether Bank N in the northern part of a state has a higher default rate than Bank S in the southern part of that same state.
Illustrate what will be its dividends payout ratio : If Axel reports Net Income of $ 2,000,000 and it follows a residual dividends payout policy, illustrate what will be its dividends payout ratio?
Which region of the brain has changed the most : Which region of the brain has changed the most during the course of vertebrate evolution? Why do you think this is so?
Illustrate what information should an employer comprise : Based on your reading of the major EEO laws, illustrate what information should an employer comprise in personnel policies and procedures manual given to all employees?
Calculate the average number of customers waiting at lhs : During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hour) LHS has a staff of 4 barbersm while SHC has 1 barber.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability of a randomly selected automobile

What is the probability that a randomly selected automobile manufactured by the company will have a defective microprocessor?

  Calculating probability values

What is the probability of selecting an accounting major, given that the person selected is a male?

  Confidence interval-sample size-population proportion

Describe the population of interest and calculate the numerical value of the statistic that that the EPA will use to estimate p. Construct a 95% confidence interval for the proportion of Americans who live in neighborhoods with acceptable levels of ..

  Minimum sample size required to construct a confident

A researcher want to estimate the mean shoulder height of both male and female bears within 0.25 centimeters. Determine the minimum sample size required to construct a 99% confident interval

  Gathering the data for test hypotheses

How should he go about taking samples to gather data for testing the hypotheses?

  Calculate the probability that 2 or fewer will withdraw

A university found that 20 percent of its students withdraw without completing the introductory statistics. Assume that 20 students registered for the course.

  Explaining two tail t-test

For which of given variables must a "two tail" t-test be applied?

  Compute confidence interval for mean percentage share

Compute 95 percent confidence interval for mean percentage share of billing volume from network television for population of all US advertising agencies.

  Point estimate and confidence interval estimate

Make a point estimate and a 95% confidence interval estimate.

  Determine significance of correlation-t test

You are testing the null hypothesis that there is no linear relationship between two variables, X and Y. From your sample of n=10, you determine that r=0.80.

  Determine sampling distribution of sample mean

A normal population has a mean of 75 and a standard deviation of 5. You select a sample of 40. Compute the probability the sample mean is

  Question on chi square test for goodness of fit

A personnel manager is concerned about absenteeism. She decides to sample the records to determine if absenteeism is distributed evenly throughout the six-day workweek.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd