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zysi [14]
3 years ago
15

determine the most appropriate hypothesis test to use for the following scenario: the august 2008 edition of academy of manageme

nt journal featured an investigation of the performance and tiing of corporate acquisitions. the investigations discovered that in random sample of 2778 firms, 748 annouced one or more acquisitions during the year 2000. does the sample provide suffcient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 30%
Mathematics
1 answer:
seraphim [82]3 years ago
7 0

Answer:

Since the calculated z =-3.5357 falls in the critical region z ≥ 1.645 we reject H0 and conclude that the sample provides sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is ≥ 30%

Step-by-step explanation:

<u><em>Testing  hypothesis about a population proportion when sample size is large.</em></u>

If the sample size is large then the variable

z= p^-p / sqrt [pq/n]

is approximately standard normal.

Formulate the hypotheses as

H0 : p < 30%   against the claim Ha: p ≥ 30%

Choose the significance level ∝= 0.05

the critical region is z ≥ 1.645 because the alternative hypothesis is stated on a greater  than or equal to basis.

Computing

Z= 748-(2778*0.3)/ √2778*30/100*70/100

z= 748-833.4/√583.38

z= -85.4/24.153

z=-3.5357

Since the calculated z =-3.5357 falls in the critical region z ≥ 1.645 we reject H0 and conclude that the sample provides sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is ≥ 30%

The p- value is 0.0002

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The scientist performs additional analyses and observes that the number of major earthquakes does appear to be decreasing but wo
kifflom [539]

Answer:

Step-by-step explanation:

Hello!

A regression model was determined in order to predict the number of earthquakes above magnitude 7.0 regarding the year.

^Y= 164.67 - 0.07Xi

Y: earthquake above magnitude 7.0

X: year

The researcher wants to test the claim that the regression is statistically significant, i.e. if the year is a good predictor of the number of earthquakes with magnitude above 7.0 If he is correct, you'd expect the slope to be different from zero: β ≠ 0, if the claim is not correct, then the slope will be equal to zero: β = 0

The hypotheses are:

H₀: β = 0

H₁: β ≠ 0

α: 0.05

The statistic for this test is a student's t: t= \frac{b - \beta }{Sb} ~~t_{n-2}

The calculated value is in the regression output t_{H_0}= -3.82

This test is two-tailed, meaning that the rejection region is divided in two and you'll reject the null hypothesis to small values of t or to high values of t, the p-value for this test will also be divided in two.

The p-value is the probability of obtaining a value as extreme as the one calculated under the null hypothesis:

p-value: P(t_{n-2}\leq -3.82) + P(t_{n-2}\geq  3.82)

As you can see to calculate it you need the information of the sample size to determine the degrees of freedom of the distribution.

If you want to use the rejection region approach, the sample size is also needed to determine the critical values.

But since this test is two tailed at α: 0.05 and there was a confidence interval with confidence level 0.95 (which is complementary to the level of significance) you can use it to decide whether to reject the null hypothesis.

Using the CI, the decision rule is as follows:

If the CI includes the "zero", do not reject the null hypothesis.

If the CI doesn't include the "zero", reject the null hypothesis.

The calculated interval for the slope is: [-0.11; -0.04]

As you can see, both limits of the interval are negative and do not include the zero, so the decision is to reject the null hypothesis.

At a 5% significance level, you can conclude that the relationship between the year and the number of earthquakes above magnitude 7.0 is statistically significant.

I hope this helps!

(full output in attachment)

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4 years ago
Which rules define the function graphed below?
NemiM [27]

Answer:

y=x+2; y=5

Step-by-step explanation:

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3 years ago
a guy walks into a store and steals a $100 bill from the register without the owners knowldge. He then buys $70 worth of goods u
Elanso [62]
He lost $30 bc
Guy stole $100
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Owner gives hue $30 !
If that makes any sense ‍♀️
8 0
3 years ago
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By definition, if two lines share the same gradient, they are said to be parallel. So, we know for this equation, it must have a gradient of 1/2.

Now, since the point (-6, 4) passes through the line, we know it must satisfy the equation. Since we have a gradient/slope and a point, we can use the point-gradient form:

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