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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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Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.
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3 years ago
A 10K financial report include which of the following financial statements (need help asap!!!)​
Yuki888 [10]

A 10-K is just a <u>more detailed Annual Report</u>, without the visuals.

They includes info regarding the company and it's <u>financial performance</u> over the <u>last year</u>.

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3 0
3 years ago
Toy Town is considering a new toy that will cost $49,100 in startup costs. The toy is expected to produce cash flows of $47,500
Tasya [4]

Answer:

NPV with a 14.9% discount rate: 6,329.06

The toy should be produced as the NPV is positive.

IRR = 26.65%

Explanation:

First we calculate for the NPV using the given discount rate of 14.9%

We will calculate the present value of each year cash inflow:

\frac{inflow}{(1 + rate)^{time} } = PV  

Year 1 cash inflow: 47,500.00

time   1.00

rate  0.149

\frac{47500}{(1 + 0.149)^{1} } = PV  

PV   41,340.30

Year 2 cash inflow:  18,600.00

time   2.00

rate  0.149

\frac{18600}{(1 + 0.149)^{2} } = PV  

PV   14,088.76

Then, we add them and subtract the investment to get NPV

NPV = 14,088.76 + 41,340.3 - 49,100 = 6,329.06

The toy should be produced as the NPV is positive.

Now for the IRR

That is the rate at which NPV equals zero we can solve for this using the quadratic equation as there are only two cash flow:

Year 1 will discount at (1+IRR)

Year 2 will be discount at (1+IRR )^2

So we can express and recreate the quadratic formula:

18,600 X^2 + 47,500 X - 49,500 = 0

A = 18,600

B = 47,500

C = -49,100

x_1 = \frac{-b+\sqrt{b^{2} -4ac}}{2a}\\x_2 = \frac{-b -\sqrt{b^{2} -4ac}}{2a}

We can solve and get:

x1 =  0.78957

x2 = -3.3433

We take the positive value.

and now solve for IRR

\frac{1}{1+ IRR} = 0.78957\\IRR = \frac{1}{0.78957} -1

IRR = 0,2665121 = 26.65%

This will be the IRR for the project.

4 0
3 years ago
A tax exempt municipality is considering the construction of a new municipal waste water treatment facility. Two different sites
In-s [12.5K]

Answer:

The incremental benefit/cost ratio for Alt A is 2.15 and The incremental benefit/cost ratio for Alt B is 1.35

Explanation:

In order to calculate the incremental benefit/cost ratio for both of the two alternatives we would have to make the following calculations:

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PV of benefits = $2,111,404 * [1-(1.06)^-75]/0.06 = $34,744,943.5

Therefore, incremental benefit cost ratio = $34,744,943.5/$16,161,644 = 2.15

The incremental benefit/cost ratio for Alt A is 2.15

For ALT B

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incremental benefits = $27,211,376 - $16,161,644 = $11,049,732

Therefore, incremental benefit cost ratio = $14,945,777.2/$11,049,732 = 1.35

The incremental benefit/cost ratio for Alt B is 1.35

5 0
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Answer: b. False

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