(2x - 4) What’s the value of x

In the book Essentials of Marketing Research, William R. Dillon, Thomas J. Madden, and Neil H. Firtle discuss a research proposa

MakcuM [25]

Answer:

Null hypothesis: $p_{1} = p_{2}$

Alternative hypothesis: $p_{1} \neq p_{2}$

$z=\frac{0.179-0.15}{\sqrt{0.17(1-0.17)(\frac{1}{140}+\frac{1}{60})}}=0.500$

$p_v =2*P(Z>0.500)=0.617$

So the p value is a very low value and using any significance level for example $\alpha=0.05, 0,1,0.15$ always $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can say the two proportions NOT differs significantly.

Step-by-step explanation:

Data given and notation

$X_{1}=25$ represent the number of homeowners who would buy the security system

$X_{2}=9$ represent the number of renters who would buy the security system

$n_{1}=140$ sample 1

$n_{2}=60$ sample 2

$p_{1}=\frac{25}{140}=0.179$ represent the proportion of homeowners who would buy the security system

$p_{2}=\frac{9}{60}= 0.15$ represent the proportion of renters who would buy the security system

z would represent the statistic (variable of interest)

$p_v$ represent the value for the test (variable of interest)

Concepts and formulas to use

We need to conduct a hypothesis in order to check if the two proportions differs , the system of hypothesis would be:

Null hypothesis: $p_{1} = p_{2}$

Alternative hypothesis: $p_{1} \neq p_{2}$

We need to apply a z test to compare proportions, and the statistic is given by:

$z=\frac{p_{1}-p_{2}}{\sqrt{\hat p (1-\hat p)(\frac{1}{n_{1}}+\frac{1}{n_{2}})}}$ (1)

Where $\hat p=\frac{X_{1}+X_{2}}{n_{1}+n_{2}}=\frac{25+9}{140+60}=0.17$

Calculate the statistic

Replacing in formula (1) the values obtained we got this:

$z=\frac{0.179-0.15}{\sqrt{0.17(1-0.17)(\frac{1}{140}+\frac{1}{60})}}=0.500$

Statistical decision

For this case we don't have a significance level provided $\alpha$ , but we can calculate the p value for this test.

Since is a two sided test the p value would be:

$p_v =2*P(Z>0.500)=0.617$

So the p value is a very low value and using any significance level for example $\alpha=0.05, 0,1,0.15$ always $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can say the two proportions NOT differs significantly.

6 0

3 years ago

Can you guys helppppppppppppp

Sveta_85 [38]

Step-by-step explanation:

to find this angle you can use the sin ratio seeing that the opposite has been given which is 35 and the hypotenuse which is 48.so the solution will be

sin?=opposite/hypotenuse

sin?=35/48

sin?=0.729

?=sin inverse of 0.729

?=46.8 rounded off to 47°

I hope this helps

5 0

3 years ago

Read 2 more answers

The x-intercept shows that you can buy short-sleeve shirts and long-sleeve shirts. The y-intercept shows that you can buy long-s

Sergeu [11.5K]

Question:

You are ordering short-sleeve shirts (x) for $10 and long-sleeve shirts (y) for $15. Your budget is $300. Write the equation and find the intercepts.

Interpret their meaning.

Answer:

The x-intercept shows that you can buy 30 short-sleeve shirts and 0 long-sleeve shirts.

The y-intercept shows that you can buy 20 long-sleeve shirts and 0 short-sleeve shirts.

Step-by-step explanation:

Given

$10 per short sleeve

$15 per long sleeve

Budget = $300

The above can be represented as:

Total Cost of Short Sleeve + Total Cost of Long Sleeve = Budget

i.e.