Student calculated the z-test statistic based on a sample

Assignment Help Business Management
Reference no: EM132316906

The government introduced new laws requiring long distance truck drivers to take minimum rest breaks. Prior to introducing the new laws, the true proportion of long distance truck drivers who often felt tired while driving was 70%. A statistics student wanted to test whether the proportion of long distance truck drivers who often feel tired while driving had been reduced (below 70%) 6 months after the introduction the new laws. The student calculated the Z-test statistic based on a sample and found it was -2.25. What is the p-value for this test

a. 0.9878

b. 0.0122

c. 0.0244

d. 0.4989

Reference no: EM132316906

Questions Cloud

What is the amount of owners equity at december 31 : The business had owner's drawings or dividends of $22000. What is the amount of owner's equity at December 31, 2020, if the beginning balance was $-0-?
What nominal annual interest rate is the bank offering : A bank offers to pay $16,020 at the end of a CD's 6-month term if purchased for $15,000. What nominal annual interest rate is the bank offering?
Analyze tony decision to invest and run zappos : Use Porter's 5 Forces to analyze Tony's decision to invest and run Zappos. Based on your Porter's analysis, was Tony's investment of time and money a good.
Suppose the market for nurses is perfectly competitive : Suppose the market for nurses is perfectly competitive. Further suppose that there are a large number of hospitals
Student calculated the z-test statistic based on a sample : The student calculated the Z-test statistic based on a sample and found it was -2.25. What is the p-value for this test
Prepare the classified balance sheet in good form : The following items were taken from the financial statements of Rivera Company. Prepare the classified balance sheet in good form as of December 31, 2020.
Started a successful business : Aloma, a university graduate who started a successful business, wants to start an endowment in her name that will provide scholarships
How does the business measure customer satisfaction : Think of Wal-Mart, Dunkin Donuts, Starbucks, and Wal-Greens. Pick one of these businesses and assess their customer relationship management (CRM) strategy.
Compute whiz companys adjusted cash balance per books : A physical inventory on Dec 31 shows 5000 units on hand. Under the FIFO method, the Dec 31 inventory is? Compute Whiz Company's adjusted cash balance per books

Reviews

Write a Review

Business Management Questions & Answers

  Illustrate what is typically the dog-eat-dog world

It was not something that everybody immediately embraced, even at the senior level." Do you think the culture will work in illustrate what is typically the dog-eat-dog world of auto dealerships? Explain why or explain why not?

  Manager who wants to short a reference entity

a. Explain how a single-name CDS can be used by a portfolio manager who wants to short a reference entity.

  Confirm the currency of the analysis of the problem

Confirm the currency of the analysis of the problem in the earlier strategic business case (strategic assessment or preliminary business case

  Once you have saved for retirement

Once you have saved for retirement, how much can you draw from the retirement account every month over the 30 years that you expect to be retired

  Main reasons for implementing a data mart

Discuss the concept of a data mart and the main reasons for implementing a data mart. Provide an example of a data mart for example for a bank

  Amount of the dividend that was just paid

What was the amount of the dividend that was just paid if the required rate of return on the stock is 20 percent?

  Current state of the macroeconomy in canada

Please discuss the current state of the macroeconomy in Canada. In particular please discuss the growth rates and gross domestic product

  What is the probability that the mean income

A random sample of 1600 people was taken. What is the probability that the mean income for that sample will be greater than $50,200?

  What is structured query language

What is Structured Query Language? Explain in detail and provide examples

  What are your sunk costs

Cain just offered you $14 for the ticket, while just abel offered you $15. At this moment in time, what are your sunk costs?

  Analyze the role of technology in facilities management

Analyze the role of technology in facilities management-Identify and describe at least three real-world examples of how technology is used to improve facilities management.

  Who believed that theater should be social medicine

Question: Who believed that theater should be "social medicine" which would correct society's ills?

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