Does statistically significant evidence exist to suggest

Assignment Help Microeconomics
Reference no: EM131029248

The commercialism of the U.S. space program has been a topic of great interest since Dennis Tito paid $20 million to ride along with the Russian cosmonauts on the space shuttle. In a survey of 500 men and 500 women, 20% of the men and 26% of the women responded that space should remain commercial free.

a. Does statistically significant evidence exist to suggest that there is a difference in the population proportions of men and women who think that space should remain commercial free? Use a .05 level test.

b. Why is a statistically significant difference in these population proportions of practical importance to advertisers?

Reference no: EM131029248

Questions Cloud

Required using the low-level coded product structure tree : Product A consists of three units of Subassembly B, three units of C, and one unit of D. B is composed of two units of E and three units of F. C is made of three units of H and four units of D. H is made of five units of E and two units of G. d. To p..
Components as taking the you attitude emphasizing positive : Components as taking the "you" attitude, emphasizing the positive, establishing credibility, being polite, using bias-free language, using visual aids, and projecting a good company image. How can I exhibit these qualities in a formal proposal?
Describe role of packaging labeling in marketing of product : Explain the purposes of each step of the new-product process. Identify ways that marketing executives manage a product's life cycle. Describe the role of packaging, labeling, and warranties in the marketing of a product
Write the equation in the slope-intercept form : Carla invested $23,000, part at 16% and part at 15%. If the total interest at the end of the year is $3,500, how much did she invest at 16%?
Does statistically significant evidence exist to suggest : In a survey of 500 men and 500 women, 20% of the men and 26% of the women responded that space should remain commercial free. Does statistically significant evidence exist to suggest that there is a difference in the population proportions of men a..
Relationship in planning and general function of management : Describe the relationship between planning and the other general functions of management (organizing, controlling, and influencing). In your opinion, which of the four functions is the most important? Why?
Area of redness surrounding point of injection : The area of redness surrounding the point of injection was measured after a fixed period of time. The data are shown in the table.
Who are fluent in english for the two districts : Their progress is monitored each year using the California English Language Development test. The results for two school districts in southern California for the 2003 school year are given in the accompanying table.7 Do the data indicate a signifi..
Book review on operations management : Write a book review on Operations Management, Sixth Edition, Nigel Slack, Stuart Chambers, Robert Johnston

Reviews

Write a Review

Microeconomics Questions & Answers

  An economy is faced by the exhaustion of an important

An economy is faced by the exhaustion of an important natural resource at a time when it is introducing improved technology.using a diagram how these events will affect the economy production possibility curve.

  The broker guarantees

The broker guarantees that you can book 10 buses every month. There are two types of bus trips: Economy and Premium. The broker cannot predict with certainty how many of each bus types there will be, but tells you to expect that on average 1 in 5 bus..

  Why marginal analysis is used when making business

write a 1050- to 1400 word paper that discusses basic concepts in applied economics in the context of the simulation.

  Explain value modification-addition

Prove that if the value of G is v1 and the value of H is v2 , then the value of G + H is v1 + v2 . Give an example of G, H which only have a common row strategy, but for which G + H has a different value than v1 + v2.

  What is the group preference according to the plurality rule

What is the group preference according to the plurality rule and what is the group choice according to the Borda count rule

  International trade has pros and cons economists generally

international trade has pros and cons. economists generally support free trade. international trade has played a

  The factors that cause shifts in supply and the importance

the factors that cause shifts in supply and the importance of demand are examined.what is the law of supply and what

  Trade restrictions effects on exchange rates

Trade Restrictions Effects on Exchange Rates. Suppose that the Japanese government relaxes its controls on imports through Japanese firm.

  Contrast short-run and long-run effects of taxing away

A British pharmaceutical company spent several years and considerable funds on the development of a treatment for HIV patients. Now, with the protection afforded by patent rights, the company has the potential to reap enormous gains.

  Describe how four uses of output help us to find out gdp

a explain how the four uses of output help us to determine the gdp.b calculate the gdp using only those numbers that

  What are the marginal costs and benefits

What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?

  Why was microsoft investigated for antitrust behavior

Microsoft Monopoly--Why was Microsoft investigated for antitrust behavior Do you agree or disagree that Microsoft was trying to gain monopoly power in the computer software industry Are monopolies always bad

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd