What is the probability of a type ii error

Assignment Help Accounting Basics
Reference no: EM131019331

A null hypothesis isp>0.65. To test this hypothesis, a sample of 400 is taken and alpha is set at 0.05. If the true proportion isp = 0.60, what is the probability of a type II error?

Reference no: EM131019331

Questions Cloud

Why is valuation a central piece in the finance profession : How much control do you think you have over your own retirement savings? In other words, after all said in done in above, do you really think you can reasonably count on your retirement savings at the time of your retirement? Yes or no and explai..
Determine the unit cost of each product using activity-based : Braithwaite Company manufactures two types of kayaks, the Intrepid and Explorer. Previously, the company has allocated manufacturing support costs using a plant-wide rate based on direct labour hours.
Describe the spread of war fever : L.F. Richardson proposed a model to describe the spread of war fever. † His proposal: if y = f(t) is the percent of the population advocating war at time t, then the rate of change of f(t) at any time is proportional to the product of the percentage..
Compute the market value of the bounds : How many bounds will the firm have to issue to receive the needed funds?
What is the probability of a type ii error : A null hypothesis isp>0.65. To test this hypothesis, a sample of 400 is taken and alpha is set at 0.05. If the true proportion isp = 0.60, what is the probability of a type II error?
What does the main character want : What are the distinguishing qualities and characteristics of the main character(s) - what does the main character want? Goals/ambitions/aspirations?
Topic of interest in the field of public health : For this assignment, students will complete a research paper on a topic of interest in the field of public health. This assignment is to present a problem/issue and explore solutions to the problem. The student must secure approval of the topic fr..
State the center and the radius of the circle represented : State the center and the radius of the circle represented by the equation. State the domain of the function g(x) = (x - 4) / (2x - 3).
Explain how recycled material is reused : How much trash could your community save in a year? To calculate this number, multiply the weekly estimate for your community by the number of weeks in a year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Thenbspqec companynbspowns and operates an amusement park

thenbspqec companynbspowns and operates an amusement park. the following are selected accounts from thenbspqec companys

  Journalize the business transactions in general journal form

Journalize the business transactions in general journal form

  Valencia industries is considering purchasing a machine

valencia industries is considering purchasing a machine that will produce plastic kitchenware. the machine would be

  Calculate and record the gain or loss on the sale

Sold 280 shares of sohn corporation common stock for $28.00 per share. the shares were originally purchased on july 11, 2013 for $22.00 per share plus a commission of $62. Central brokerage retained a commission of $72 on the sale and forwarde..

  Jonas inc is trying to decide whether to lease or purchase

jonas inc. is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. the

  Assume you have just been hired as the management

What activities might you undertake if you were participating in the design of a balanced scorecard?

  Adelaide ltd acquired a machine on 1 july 2007 at a cost of

adelaide ltd acquired a machine on 1 july 2007 at a cost of 100000. the machine has an expected useful life of 5 years

  Mary givens and peggy moser are partners

Mary Givens and Peggy Moser are partners engaged in operating The G & M Doll Shop, which has employed the following persons since the beginning of the year:

  An auditor is examining loan receivables at a local bank

following is a set of situations that may or may not involve sampling.1.an auditor is examining loan receivables at a

  What is meant by an entity functional currency

What is meant by an entity's functional currency and what are the economic indicators indentified by the FASB to provide guidance in selecting the functional currency? Why is this an important question?

  What profit do you expect that the firm will make in the

Greener Grass Company (GGC) competes with its main rival, Better Lawns and Gardens (BLG), in the supply and installation of in-ground lawn watering systems in the wealthy western suburbs of a major east-coast city. Last year, GGC's price for the typi..

  Vertical analysis for under armour

Using the format in Example 13-5, prepare common-size comparative income statements for 2011 and 2010. Use as the base ''Net revenues.'' Round all percentages to the nearest one- tenth of a percent.

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