Large sample test for proportion, Applied Statistics

Assignment Help:

Large Sample Test for Proportion

A random sample of size n (n > 30) has a sample proportion p of members possessing a certain attribute (success). To test the hypothesis that the proportion p in the population has a specified value p0.

The Null Hypothesis is H0: p = p0.

The Alternative Hypothesis is (i) H1: p ≠ por (ii) H1: p < p0, or (iii) H1: p > p0.

Since n is large, the sampling distribution of  1534_sampling.png  is approximately normal.

If H0 is true, the test statistic z =  931_large sample test.png  is approximately normally distributed.

The critical region for z depending on the nature of H1 and level of significance α is given in the following table:

Rejection Rule for H0: p = p0

Level of significance

10%

5%

1%

Critical region for p    p0

    | z |   >  1.64

   | z |     >   1.96

   | z |     >   2.58

Critical region for p < p0

       z    <   -1.28

     z       <   -1.64

     z      <  -2.33

Critical region for p > p0

      z    >   1.28

     z       >   1.64

     z      >  2.33                              


Related Discussions:- Large sample test for proportion

Find a nash equilibrium, 2 bidders have identical valuations of an object f...

2 bidders have identical valuations of an object for sale. The value of the object is either 0; 50 or 100, with equal probabilities. The object is allocated to one of the bidders i

Draw a network diagram for this problem, The project of building a backyard...

The project of building a backyard swimming pool consists of eight major activities and has to be completed within 19 weeks. The activities and related data are given in the follow

Large sample test for proportion, Large Sample Test for Proportion A ra...

Large Sample Test for Proportion A random sample of size n (n > 30) has a sample proportion p of members possessing a certain attribute (success). To test the hypothesis that t

Two-tailed and one-tailed tests, If the test is two-tailed, H1:  μ ≠  μ 0  ...

If the test is two-tailed, H1:  μ ≠  μ 0  then the test is called two-tailed test and in such a case the critical region lies in both the right and left tails of the sampling distr

PERCENTAGES, CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 U...

CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES

Sequential sampling, Sequential Sampling Under this method, a number of...

Sequential Sampling Under this method, a number of sample lots are drawn one after another from a universe depending on the results of the earlier samples. Such sampling is gen

Applied, Question 1 Suppose that you have 150 observations on production (...

Question 1 Suppose that you have 150 observations on production (yt) and investment (it), and you have estimated the following ADL(3,2) model: (1 – 0.5L – 0.1L2 – 0.05L3)yt = 0.7

Types of cost-reimbursable contracts, Types of cost-reimbursable contracts ...

Types of cost-reimbursable contracts are:   Cost Plus Fixed Fee contract (CPPF): Compensation is based on a fixed sum independent of the final project cost. The customer a

Write Your Message!

Captcha
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