Population proportion of attorneys

Assignment Help Basic Statistics
Reference no: EM131660367

Suppose that you want to test whether the population proportion of attorneys who make at least $400,000 per year differs from 0.24. A random sample of 200 attorneys shows that there are 36 of them who make at least $400,000 a year.

What is the rejection region for a hypothesis test at a 1% significance level?

Reference no: EM131660367

Questions Cloud

Discuss nosocomial infections in the healthcare environment : How human behaviors can prevent the spread of nosocomial infections in the healthcare environment
What proportion of accidents involved alcohol : What proportion of accidents involved alcohol or a single vehicle? round your answer to two decimal places?
How long has the franchisor been in business : Find out all you can about the franchisor: How long has the franchisor been in business? How profitable is the business?
Determine the type of distribution : Determine the type of distribution and then answer the questions.
Population proportion of attorneys : Suppose that you want to test whether the population proportion of attorneys who make at least $400,000 per year differs from 0.24.
Discuss the recognition criteria for a lease : Discuss the recognition criteria for a lease according to relevant AASBs. Identify the differences between finance lease and operating lease
Number of in cream cones eaten : Suppose that the number of in cream cones eaten in a year by Americans is normally distributed and the mean number of ice cream cones
Publishing the results of some research work : In publishing the results of some research work, the following values of the correlation coefficient were listed. Which one would appear to be incorrect?
Identify viable alternatives for each major issue : Identify Viable Alternatives for Each Major Issue. Determine Your Role and Requirements. Identify Users and Their Needs. Identify and Rank Issues.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistical treatments of data using statistical software

The aim of this workshop is to give you some experience using standard statistical treatments of data using statistical software. The package we will use for this workshop is Minitab.

  Do you think that this analogy is appropriate

The Law of Increasing Entropy is an impenetrable barrier which no evolutionary mechanism yet suggested has ever been able to overcome. Evolution and entropy are opposing and mutually exclusive concepts. If the entropy principle is really a univers..

  The daily milk production of cows is normally distributed

the daily milk production of cows is normally distributed with a mean of about 35 kgday and a standard deviation of 7

  Differences between discrete and continuous data

What are some differences between discrete and continuous data? Is the measurement of money continuous or discrete? Explain. Can discrete data be analyzed using a normal distribution? Why or why not?

  Dialed telephone numbers at random

Which of the following sources of error are included in the margin of error? -a different sample would likely produce different numbers -some people whose numbers were chosen never answered the phone in several calls -some people did not answer tr..

  What is the correlation between friday and monday scores

What is the correlation between Friday and Monday scores?- What does a scatterplot show about the association between the scores?

  Calculate the expected value of x

The roll of a pair of dice has the following probability distribution, where the random variable x is the sum of the values produced by each die.

  Develop the new drug

If the FDA did not approve the new drug, it could still be sold overseas, and the company could make $200 million over the same number of years. Construct a decision tree and recommend a decision on whether to develop the new drug.

  Identify the indicated values or interpret the given

in a gallup poll of 1003 randomly selected subjects 373 said that they have a gun in their home. the accompanying

  Assuming average promotional costs

i. What is the response rate needed for MP Inc. to breakeven, assuming average promotional costs? ii. After the campaign has been launched response rates are 7%, and profit (excluding promotional costs) is at $60 per response. But you know that pr..

  Determining the proper interpretation of interval

1) We are 99% confident that the proportion of patients surveyed that have experienced a reduction in symptoms is between 0.2112 and 0.6638. 2) We are certain that 99% of patients will be between 0.2112 and 0.6638. 3) We cannot determine the proper..

  High levels of cholesterol

According to a recent poll, 29% of adults in a certain area have high levels of cholesterol. They report that such elevated levels "could be financially devastating to the regions healthcare system" and are a major concern to health insurance prov..

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