What is the researchers conclusion

Assignment Help Marketing Management
Reference no: EM13742749

The mean weekly unemployment benefit in the US was in 2003. A researcher in Virginia had a theory that the mean weekly unemployment benefit in Virginia was less than the national average. She took a random sample of 35 unemployment recipients in Virginia and found that the sample mean weekly unemployment benefit vow $231 with a sample standard deviation of $80. Use this information to answer questions 1 to 3.

1. State the appropriate hypotheses for this research hypothesis.

a. H0: µ > $238  HA: µ ≤ $23S

b. H0: µ ≥ $238  HA: µ < $238

c. H0: µ ≤ $238  HA: µ > $238

d. H0: µ = $238  HA: µ ≠ $238

e. H0: µ ≠ $238  HA: µ = $238

f. H0: µ < $238  HA: µ ≠ $238

2. Calculate a range for the p-value.

a. p-value < .01

b. .01 < p-value < .02

c. .02 < p-value < .05

d. .05 < p-value < .10

e. .10 < p-value < .20

f. p-value > .20

3. What is the researcher's conclusion?

a. Reject H0.

b. Accept H0.

c. Fail to reject H0.

d. Fail to reject HA.

e. Reject HA.

f. Accept HA.

The population proportion of US workers who belonged to unions in 2005 was 12.5%. Union officials want to know if their efforts to organize in 2006 increased union membership significantly. They took a sample of 400 US workers in 2006 and found that 52 belonged to unions. Use this information to answer questions 4 and 5.

4. What is the appropriate hypothesis test to determine whether union membership increased in 2006?

a. H0: µ > .125  HA: µ ≤ .125

b. H0: µ ≤ .125  HA: µ p > .125

c. H0: µ = .125  HA: 11 µ ≠ .125

d. H0: p ≥ .125 HA:  p < .125

e. H0: p ≤ .125  HA:  p > .125

f. H0: p = .125  HA: p ≠ .125

5. Calculate the p-value and state your conclusion using α = .05.

Reference no: EM13742749

Questions Cloud

Create the movement of the car from the left to the right : Add the 2 wheels to the vehicle using the GlutWireSphere and create the movement of the car from the left o the screen to the right.
Sells price-elastic products or price-inelastic products : Why do governments raise taxes on cigarettes and alcohol to raise government revenues? What changes do you make to your demand for gasoline when the prices start to climb up? Would you want to own a business that sells price-elastic products or price..
What is the market interest rate : The bank is paying 10.13% compounded annually. The inflation is expected to be 11.77% per year. What is the market interest rate?
Draw the long-run conditional labor demand : A firm’s production function is given by: f(L,k) = L^1/2 , where L is the only input into production and it is variable in both the short and long run. Draw the long-run conditional labor demand in (L,Q) space (in other words, with L on the x-axis)
What is the researchers conclusion : The mean weekly unemployment benefit in the US was in 2003. A researcher in Virginia had a theory that the mean weekly unemployment benefit in Virginia was less than the national average. What is the researcher's conclusion
Offer either product : Jim’s diner is just about to open in Memphis, Tennessee. However, Jim is trying to decide whether he wants to offer Coke or Pepsi soda products. He determines that, to offer either product, he will have to spend $1,600 in sunk costs to purchase and i..
Online store that sells home and garden products : Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software company Initech to provide the software for his website since their product required the least amount of specialized inves..
Costs exceed the benefits : Do you think the benefits of government regulation exceed the costs? In what areas, if any, do you think the costs exceed the benefits? Cite an example of a company's efforts to circumvent government regulations. Is the use of loopholes ethical?
The black death : The Black Death: In the middle of the fourteenth century, an epidemic known as the Black Death killed about a third of Europe’s population, about 34 million people. Use the production model to explain why wages might have been higher.

Reviews

Write a Review

Marketing Management Questions & Answers

  Are sex appeals to target men

Are sex appeals to target men? Are sex appeals used to target women? Compare and contrast HOW sex appeals are used for each gender

  A pharmaceutical manufacturer followed sales

q1.a large international rental car company decides to develop a customer retention program. the programs goal is to

  Explain marketing and what should be the promotional mix

Explain Marketing and What should be the promotional mix AND the advertising mix for Anheiser Busch and many observers concluded that the brewer's days of shelling out huge sums to lock opponents out of key sports deals were coming to a close

  Write a paper on chipotle mexican grille

Write a white paper on a company of your choice(COMPANY CHOSEN IS CHIPOTLE MEXICAN GRILLE) and discuss the market segmentation within that industry along with the target market

  Identify the companys recent product acquisition

Introduction. Identify the company by its full name; identify the company's recent product acquisition

  Explain importance of benchmarking in the analysis

A) Why is benchmarking an important activity in the analysis of e-Business websites? b) Let us relate this to a company that you are familiar with. Discuss how your company uses benchmarking to analyze its website. You should consider problems/issues..

  Prepare social media and networking presentation

Social Media and Networking Presentation, Scenario: Imagine that you have been hired as a consultant for a university that wants to leverage social media and networking technologies to encourage the collaboration of students, and improve their ove..

  An easily identifiable demographic group which is often

question 1an easily identifiable demographic group which is often targeted by marketers is college students. do you

  Describe case study- how to transition to new technology

Describe Case Study- How to Transition to New Technology and What decision criteria should you consider as you decide how to transition to Web 2.0

  William 41 amp joan 36 morris were recommended to you by an

william 41 amp joan 36 morris were recommended to you by an existing client who is very happy with the service and

  Describe the marketing objectives of your company

Describe the marketing objectives of your company. Your marketing objectives should, at a minimum, address potential customer profile and market segmentation. Explain the manner in which you conducted your secondary market research

  Statements about the qualitative approach to project risk

Which of the following statements about the qualitative approach to project risk assessment is(are) most correct

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