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likoan [24]
3 years ago
10

How should I choose stocks?

Mathematics
1 answer:
Art [367]3 years ago
4 0
One way to choose stocks is by customers demand
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The Salk polio vaccine experiment in 1954 focused on the effectiveness of the vaccine in combating paralytic polio. Because it w
sdas [7]

Answer:

Step-by-step explanation:

Hello!

The variables of interest are:

X₁: Number of cases of polio observed in kids that received the placebo vaccine.

n₁= 201299 total children studied

x₁= 110 cases observed

X₂: Number of cases of polio observed in kids that received the experimental vaccine.

n₂= 200745 total children studied

x₂= 33 cases observed

These two variables have a binomial distribution. The parameters of interest, the ones to compare, are the population proportions: p₁ vs p₂

You have to test if the population proportions of children who contracted polio in both groups are different: p₂ ≠ p₁

a)

H₀: p₂ = p₁

H₁: p₂ ≠ p₁

α: 0.05

Z= \frac{(p'_2-p'_1)-(p_2-p_1)}{\sqrt{p'[\frac{1}{n_1} +\frac{1}{n_2} ]} }

Sample proportion placebo p'₁= x₁/n₁= 110/201299= 0.0005

Sample proportion vaccine p'₂= x₂/n₂= 33/200745= 0.0002

Pooled sample proportion p'= (x₁+x₂)/(n₁+n₂)= (110+33)/(201299+200745)= 0.0004

Z_{H_0}= \frac{(0.0002-0.0005)-0}{\sqrt{0.0004[\frac{1}{201299} +\frac{1}{200745} ]} }= -4.76

This test is two-tailed, using the critical value approach, you have to determine two critical values:

Z_{\alpha/2}= Z_{0.025}= -1.96

Z_{1-\alpha /2}= Z_{0.975}= 1.96

Then if Z_{H_0} ≤ -1.96 or if Z_{H_0} ≥ 1.96, the decision is to reject the null hypothesis.

If -1.96 < Z_{H_0} < 1.96, the decision is to not reject the null hypothesis.

⇒ Z_{H_0}= -4.76, the decision is to reject the null hypothesis.

b)

H₀: p₂ = p₁

H₁: p₂ ≠ p₁

α: 0.01

Z= \frac{(p'_2-p'_1)-(p_2-p_1)}{\sqrt{p'[\frac{1}{n_1} +\frac{1}{n_2} ]} }

The value of Z_{H_0}= -4.76 doesn't change, since we are working with the same samples.

The only thing that changes alongside with the level of significance is the rejection region:

Z_{\alpha /2}= Z_{0.005}= -2.576

Z_{1-\alpha /2}= Z_{0.995}= 2.576

Then if Z_{H_0} ≤ -2.576or if Z_{H_0} ≥ 2.576, the decision is to reject the null hypothesis.

If -2.576< Z_{H_0} < 2.576, the decision is to not reject the null hypothesis.

⇒ Z_{H_0}= -4.76, the decision is to reject the null hypothesis.

c)

Remember the level of significance (probability of committing type I error) is the probability of rejecting a true null hypothesis. This means that the smaller this value is, the fewer chances you have of discarding the true null hypothesis. But as you know, you cannot just reduce this value to zero because, the smaller α is, the bigger β (probability of committing type II error) becomes.

Rejecting the null hypothesis using different values of α means that there is a high chance that you reached a correct decision (rejecting a false null hypothesis)

I hope this helps!

8 0
4 years ago
Which equation describes the proportion: The number of chickens (c) is four times as many the number of horses (h) on the farm.?
Georgia [21]
The answer is C because c=4h. Think of it like this, Chickens equal the number of horses times 4.
4 0
3 years ago
Read 2 more answers
What is the approximate circumference of a semicircle with a radius of 30 centimeters
Dmitry [639]

Approximate circumference of a semicircle with a radius of 30 centimeters is 94.2 centimeter

<em><u>Solution:</u></em>

Given semicircle with a radius of 30 centimeters

<em><u>To find: approximate circumference of a semicircle</u></em>

To find circumference of semicircle we can divide the circumference of circle by 2

circumference of semicircle = circumference of circle \div 2

\text{ circumference of semicircle} = \frac{2 \pi r}{2} = \pi r

Substituting the given radius = 30 cm,

\text{ circumference of semicircle} = 3.14 \times 30 = 94.2

Thus approximate circumference of a semicircle with a radius of 30 centimeters is 94.2 centimeter

8 0
3 years ago
Candace asked 100 students which crisp flavour they liked best out of
ra1l [238]

Answer:

24

Step-by-step explanation:

7 0
3 years ago
What is 423/6 as a mixed number
Arisa [49]

Divide to get 70.5

turn into fraction

70 5/10=

70 1/2

8 0
3 years ago
Read 2 more answers
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