Answer: 387.93 units
Step-by-step explanation:
You have the following information given in the problem above:
- The sales had dropped 33% from one quarter to the next.
- The owner sold 579 units in the first quarter.
Thefore, to calculate the number of units she sold in the next quarter (which you can call x), you must can apply the following proccedure:
Then the answer is the following:
Answer:
1. H0: P1 = P2
2. Ha: P1 ≠ P2
3. pooled proportion p = 0.542
4. P-value = 0.0171
5. The null hypothesis failed to be rejected.
At a signficance level of 0.01, there is not enough evidence to support the claim that there is significant difference between the exercise habits of Science majors and Math majors .
6. The 99% confidence interval for the difference between proportions is (-0.012, 0.335).
Step-by-step explanation:
We should perform a hypothesis test on the difference of proportions.
As we want to test if there is significant difference, the hypothesis are:
Null hypothesis: there is no significant difference between the proportions (p1-p2 = 0).
Alternative hypothesis: there is significant difference between the proportions (p1-p2 ≠ 0).
The sample 1 (science), of size n1=135 has a proportion of p1=0.607.
The sample 2 (math), of size n2=92 has a proportion of p2=0.446.
The difference between proportions is (p1-p2)=0.162.
The pooled proportion, needed to calculate the standard error, is:
The estimated standard error of the difference between means is computed using the formula:
Then, we can calculate the z-statistic as:
This test is a two-tailed test, so the P-value for this test is calculated as (using a z-table):
As the P-value (0.0171) is bigger than the significance level (0.01), the effect is not significant.
The null hypothesis failed to be rejected.
At a signficance level of 0.01, there is not enough evidence to support the claim that there is significant difference between the exercise habits of Science majors and Math majors .
We want to calculate the bounds of a 99% confidence interval of the difference between proportions.
For a 99% CI, the critical value for z is z=2.576.
The margin of error is:
Then, the lower and upper bounds of the confidence interval are:
The 99% confidence interval for the difference between proportions is (-0.012, 0.335).