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HACTEHA [7]
3 years ago
14

Since many people have trouble programming their dvd​ players, an electronics company has developed what it hopes will be easier

instructions. the goal is to have at least 9595​% of customers succeed at being able to program their dvd players. the company tests the new system on 100100 ​people, 9292 of whom were successful. is this strong evidence that the new system fails to meet the​ company's goal? a​ student's test of this hypothesis is provided. how many mistakes can you​ find?
Business
1 answer:
tatyana61 [14]3 years ago
4 0

Answer:

z=\frac{0.92-0.95}{\sqrt{\frac{0.95(1-0.95)}{100}}}=-1.376  

p_v =P(z  

So the p value obtained was a very low value and using the significance level given \alpha=0.05 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of  interest is not significantly lower than 0.95, so then the program works since we fail to reject the null hypothesis.

Explanation:

Data given and notation

n=100 represent the random sample taken

X=92 represent the successful

\hat p=\frac{92}{100}=0.92 estimated proportion of successes

p_o=0.95 is the value that we want to test

z would represent the statistic (variable of interest)

p_v represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the true proportion is lower than 0.95 or no.:  

Null hypothesis:p\geq 0.95  

Alternative hypothesis:p < 0.95  

When we conduct a proportion test we need to use the z statisitc, and the is given by:  

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

The One-Sample Proportion Test is used to assess whether a population proportion \hat p is significantly different from a hypothesized value p_o.

Calculate the statistic  

Since we have all the info required we can replace in formula (1) like this:  

z=\frac{0.92-0.95}{\sqrt{\frac{0.95(1-0.95)}{100}}}=-1.376  

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level assumed \alpha=0.05. The next step would be calculate the p value for this test.  

Since is a left tailed test the p value would be:  

p_v =P(z  

So the p value obtained was a very low value and using the significance level given \alpha=0.05 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of  interest is not significantly lower than 0.95, so then the program works since we fail to reject the null hypothesis.

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The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe
tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c                 Dr. $10,200

To FICA taxes withheld                                          $7,650

To Federal unemployment taxes                           $450

To State unemployment taxes                               $2,100

(To record accrual of employer’s payroll taxes)

6 0
2 years ago
A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
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Answer:

A. targeted

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Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.

Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.

This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.

Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.

3 0
2 years ago
Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 20 years to maturity and is selling fo
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Answer:

The YTM is less than 10%

Explanation:

If a coupon rate of a bond is greater than its yield to maturity (YTM), the bond is said to trade at a premium. The Bond's current price would be greater than its Face value

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In this Question, the bond's current price ($1,197.93) is greater than its face

($1,000) which means that the bond is trading at a premium. Therefore, we can conclude that the bond's YTM is less than its coupon payment. In this question the coupon rate is 10%, therefore the YTM should be less than 10%.

8 0
3 years ago
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Answer:

A. Values

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Answer:

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The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.

6 0
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