Proportion of incorrect transactions

Assignment Help Basic Statistics
Reference no: EM13981808

1. An accountant wants to test the hypothesis that the proportion of incorrect transactions at four client accounts is about the same. A random sample of 80 transactions of one client reveals that 21 are incorrect; for the second client, the sample pro- portion is 25 out of 100; for the third client, the proportion is 30 out of 90 sampled; and for the fourth, 40 are incorrect out of a sample of 110. Conduct the test at CY = 0.05.

2. An article in Business Week describes how three online news services now supply Web surfers quick information on developing stories.20 Suppose that a ran- dom sample of users is available from various parts of the country. Data are shown in the table below. Is there evidence that the three Web news services have different success rates at different regions of the  country?

Google News

Northeast

78

South

15

West

109

Midwest

65

PBS Online

115

10

88

50

New York Times

208

3

52

40

Reference no: EM13981808

Questions Cloud

What political and religious beliefs and institutions : What political and religious beliefs and institutions gave Hebrew civilization its unique character and account for its important legacy to Western civilization?
Prepare a bar graph of the estimated factor : Estimate µ21 with a 99 percent confidence interval. Interpret your interval estimate. Estimate µ1 with a 99 percent confidence interval. Interpret your interval estimate. Prepare a bar graph of the estimated factor B level means. What does this plot ..
Population proportions across the three countries : The results of a market survey are summarized in the following table. The data are random samples of 150 consumers in each country. Conduct the test of equality of population proportions across the three countries.
How does k of pendulum 2 compare with the k of pendulum 1 : Pendulum 2 has a string twice as long as pendulum 1. If we define x as the distance traveled by the bob along a circle away from the bottom, how does the k of pendulum 2 compare with the k of pendulum 1? Give a numerical ratio.
Proportion of incorrect transactions : An accountant wants to test the hypothesis that the proportion of incorrect transactions at four client accounts is about the same. A random sample of 80 transactions of one client reveals that 21 are incorrect
Building a new company with local management and production : To develop your business in a country that is politically unstable and with only moderate sales potential,
How much power is used by this circuit : If θ = 25.0o, find the mass of the pendulum bob in grams. Assume that the string that attaches it to the ceiling is negligible, and that you are at Earth's surface.
Review on the critical infrastructure and vulnerabilities : What have you learned from others'' responses - What were the most compelling points from the interaction with your fellow students and how did participating in this discussion help in your understanding of the Discussion Board task?
Problem regarding abnormal stockholder returns : With the continuing surge in the number of mergers and acquisitions in 2007, research effort has been devoted to determining whether the size of an acquisition has an effect on stockholders' abnormal returns (in percent) following the announc..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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