Proportion of assisted living residents

Assignment Help Basic Statistics
Reference no: EM131870280

(a) State the null and alternative hypotheses and (b) state whether the test of hypothesis will be a two-tailed test, a right-tailed test, or a left-tailed test.

An interior designer believes that the proportion of assisted living residents who would prefer a blue hue on bedroom walls is greater than 0.75. A random survey of 300 assisted living residents revealed that 240 prefer a blue hue on bedroom walls. Do these data support the interior designer's belief?

Reference no: EM131870280

Questions Cloud

Test of hypothesis will be a two-tailed test : (a) State the null and alternative hypotheses and (b) state whether the test of hypothesis will be a two-tailed test, a right-tailed test, or a left-tailed test
Briefly discuss rationale that underlies management belief : Columbia's management feels that the time value of money should be considered in all long-term decisions. Briefly discuss rationale that underlies management
Test of hypothesis will be a two-tailed test : State the null and alternative hypotheses and (b) state whether the test of hypothesis will be a two-tailed test, a right-tailed test, or a left-tailed test.
Avoid becoming the tool of globalized with collar crime : Determine the best possible way for international financial institutions to avoid becoming the tool of globalized with collar crime.
Proportion of assisted living residents : An interior designer believes that the proportion of assisted living residents who would prefer a blue hue on bedroom walls is greater than 0.75.
Consider the test inconclusive : Your decision is to fail to reject H0 and consider the test inconclusive. Have you made an error? If so, what type of error did you make?
What will be reported as the balance in investment accounts : Purchased 10,000 shares of XYZ Inc. for $4 each. The investment was accounted for as trading securities. What will be reported as the balance in the investment
Compute forecastsfor each month : Compute forecastsfor each month using exponentialsmoothing, with an initial forecast = 50. Use a = 0.3 and a = 0.7 and plot the results on the same chart.
What type of criticism faced beta as used in CAPM : What do you know about Efficient Market Hypothesis EMH? What type of criticism faced beta as used in CAPM?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Focuses on data production

Tell whether each of the following focuses on data production, displaying and summarizing data, probability, or statistical inference.

  Find probability area bounded by standard deviation units

Assume that we have normally distributed data. From the standard normal table, find the probability area bounded by ±1 standard deviation units about a population mean and by ±1 standard errors about the mean for any distribution of sample means o..

  Calculate descriptive statistics for each stock

Calculate descriptive statistics for each stock and the S&P 500. Comment on your results. Which stocks are the most volatile? Calculate the value of beta for each stock.

  F-test used in the analysis of variance

The F test is used in Analysis of Variance (ANOVA). When would a researcher use an ANOVA? Explain (one paragraph in length).

  Show that the matrix a is symmetric

Let A be an n X n matrix and C be a nonsingular matrix of order n X n. Show that A, C-1 AC, and CAC-1 have the same set of eigenvalues.

  Determine the p-value and explain its meaning

Can you conclude that the information in the article is untrue? Use the 0.05 significance level. Determine the p-value and explain its meaning.

  Confidence interval numbers mean

Calculate a 95% confidence interval on the average weight of packaged mustard seed. Explain very carefully to the packaging workers what the 95% confidence interval numbers mean. Include your Excel output. Is there anything you would want to note ..

  Find the required probability

Find the required probability and determine whether the given sample mean would be considered unusual.

  Calculate a 99 confidence interval for the mean surface

oil field pipes are internally coated in order to prevent corrosion. researchers at the university of louisiana

  Explain why the dropout rate is important

Critics of this study focus on the specific LC diet (that is, the science) and the dropout rate. Explain why the dropout rate is important to consider when drawing conclusions from this study.

  Information about sampling distribution of proportion

Suppose a population proportion is .40, and 80% of the time when you draw a random sample from this population you get the  sample proportion of .35 or more.

  Compute the p-value

A test is performed with a sample of size 36. The sample mean was 2.88 and the population standard deviation is 18. Assume that the population is approximately.

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