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64 . p c = x A + x A n A + n A = 65 + 78 100 + 100 = 0.715

65 . Using the calculator function 2-PropZTest, the p-value = 0.0417. Reject the null hypothesis. At the 3% significance level, here is sufficient evidence to conclude that there is a difference between the proportions of households in the two communities that have cable service.

66 . Using the calculator function 2-PropZTest, the p -value = 0.0417. Do not reject the null hypothesis. At the 1% significance level, there is insufficient evidence to conclude that there is a difference between the proportions of households in the two communities that have cable service.

10.4: matched or paired samples

67 . H 0 : x ¯ d 0
H a : x ¯ d < 0

68 . t = – 4.5644

69 . df = 30 – 1 = 29.

70 . Using the calculator function TTEST, the p -value = 0.00004 so reject the null hypothesis. At the 5% level, there is sufficient evidence to conclude that the participants lost weight, on average.

71 . A positive t -statistic would mean that participants, on average, gained weight over the six months.

11.1: facts about the chi-square distribution

72 . μ = df = 20
σ = 2 ( d f ) = 40 = 6.32

11.2: goodness-of-fit test

73 . Enrolled = 200(0.66) = 132. Not enrolled = 200(0.34) = 68

74 .

Observed (O) Expected (E) O – E (O – E)2 ( O E ) 2 z
Enrolled 145 132 145 – 132 = 13 169 169 132 = 1.280
Not enrolled 55 68 55 – 68 = –13 169 169 68 = 2.485

75 . df = n – 1 = 2 – 1 = 1.

76 . Using the calculator function Chi-square GOF – Test (in STAT TESTS), the test statistic is 3.7656 and the p-value is 0.0523. Do not reject the null hypothesis. At the 5% significance level, there is insufficient evidence to conclude that high school most recent graduating class distribution of enrolled and not enrolled does not fit that of the national distribution.

77 . approximates the normal

78 . skewed right

11.3: test of independence

79 .

Cell = Yes Cell = No Total
Freshman 250 ( 300 ) 500 = 150 250 ( 200 ) 500 = 100 250
Senior 250 ( 300 ) 500 = 150 250 ( 200 ) 500 = 100 250
Total 300 200 500

80 . ( 100 150 ) 2 150 = 16.67
( 150 100 ) 2 100 = 25
( 200 100 ) 2 150 = 16.67
( 50 100 ) 2 100 = 25

81 . Chi-square = 16.67 + 25 + 16.67 + 25 = 83.34.
df = ( r – 1)( c – 1) = 1

82 . p -value = P (Chi-square, 83.34) = 0
Reject the null hypothesis.
You could also use the calculator function STAT TESTS Chi-Square – Test.

11.4: test of homogeneity

83 . The table has five rows and two columns. df = ( r – 1)( c – 1) = (4)(1) = 4.

11.5: comparison summary of the chi-square tests: goodness-of-fit, independence and homogeneity

84 . Using the calculator function (STAT TESTS) Chi-square Test, the p -value = 0. Reject the null hypothesis. At the 5% significance level, there is sufficient evidence to conclude that the poll responses independent of the participants’ ethnic group.

85 . The expected value of each cell must be at least five.

86 . H 0 : The variables are independent.
H a : The variables are not independent.

87 . H 0 : The populations have the same distribution.
H a : The populations do not have the same distribution.

11.6: test of a single variance

88 . H 0 : σ 2 ≤ 5
H a : σ 2 >5

Practice test 4

12.1 linear equations

1 . Which of the following equations is/are linear?

  1. y = –3 x
  2. y = 0.2 + 0.74 x
  3. y = –9.4 – 2 x
  4. A and B
  5. A, B, and C

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
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Venny Reply
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information
Eliyee
devaluation
Eliyee
t
WARKISA
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Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
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Shukri
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Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
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Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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