What will be the power of the test

Assignment Help Basic Statistics
Reference no: EM131372675

Corporate women are still struggling to break into senior management ranks, according to a study of senior corporate executives by Korn/Ferry International, New York recruiter. Of 1,362 top executives surveyed by the firm, only 2%, or 29, were women.

Assuming that the sample reported is a random sample, use the results to test the null hypothesis that the percentage of women in top management is 5% or more, versus the alternative hypothesis that the true percentage is less than 5%.

If the test is to be carried out at α = 0.05, what will be the power of the test if the true percentage of female top executives is 4%?

Reference no: EM131372675

Questions Cloud

Consumer by subsidizing education : a. Write her budget constraint and draw the budget line in a diagram with education as the horizontal axis and money as the vertical axis. Suppose the government would like to increase the "welfare" of this consumer by subsidizing education.
How regional metamorphism is related to plate boundaries : Briefly outline how regional metamorphism is related to plate boundaries? Are certain types of metamorphic rocks indicative of particular plate boundaries or tectonic settings?
Why is it useful to know the power of a test : Why is it useful to know the power of a test?- Explain the difference between the p-value and the significance level α.
Can you pinpoint any reasons why that might be occurring : Do you feel that omitting gender as an attribute in the Rabbit class is likely to lead to an inaccurate simulation? Write down the arguments for and against including it.
What will be the power of the test : If the test is to be carried out at α = 0.05, what will be the power of the test if the true percentage of female top executives is 4%?
How could you involve the oshrc in the criminal case : What would be the maximum fine that the company would face? If you were facing criminal charges under the Act, what would be your best defense? How could you involve the OSHRC in the criminal case(s)?
What is the profit-maximizing level of output : a. Fill in the blanks in the table. (Enter all of your responses as integers.) b. What is the profit-maximizing level of output?
Analysis on the good practices of other hotels : Identify and explain which dimension(s) the domestic and international guests generally considered "satisfied" or "unsatisfied" when they used the Grand Hotel's services.
Conduct appropriate hypothesis test and state the conclusion : Suppose that this economist looks at a random sample of 250 office building properties in San Jose and finds that 12 are vacant. Using α = 0.05, conduct the appropriate hypothesis test and state your conclusion. What is the p-value?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Daily demand for newspapers for the last 10 days has been

daily demand for newspapers for the last 10 days has been as follows 12 13 16 15 12 18 14 12 13 15. forecast sales for

  What is the sample standard deviation

Use the Standing data set to develop a point estimate of the number of minutes during an NFL game that players are standing around between plays. Round your answer to two decimal places. What is the sample standard deviation? Round your answer to ..

  A wide sense stationary stochastic process

A wide sense stationary stochastic process X(t) with autocorrelation function RX (τ ) = e-4|τ | is the input to a linear time-invariant filter with impulse response

  Summarize the consumer responses with a frequency table

In a marketing study, 100 consumers were asked to select the best digital music player from the iPod, the iRiver, and the Magic Star MP3. To summarize the consumer responses with a frequency table, how many classes would the frequency table have?

  Reported crimes are believed to occur at random at

reported crimes are believed to occur at random at different rates for different types of crime. the incidence rate for

  A certain highway with separate roadways

At night, vehicles circulate on a certain highway with separate roadways according to a Poisson process with parameter λ = 2 per minute (in each direction).

  Write the inverse gaussian in exponential family form

Write the (univariate) inverse Gaussian in exponential family form. Write down a real-valued function of X1,...,Xn that summarizes all the information about θ contained in the data set - Give the generalized likelihood ratio statistic for this testin..

  Thin rubber strips are used to provide increasing

thin rubber strips are used to provide increasing resistance to orthopedic patients during large motion exercises. the

  The difficulties associated with constructing a grammar

What are the difficulties associated with constructing a grammar whose generated strings are decimal representations of irrational numbers?

  Variable and collect data for least three different groups

Choose a variable and collect data for a least three different groups(samples). Compare the means of the three groups using the one-way ANOVA technique. Complete the following:

  Some interesting questions regarding birth coincidences

The article "Three Sisters Give Birth on the Same Day" (Chance, Spring 2001, 23-25) used the fact that three Utah sisters had all given birth on March 11, 1998 as a basis for posing some interesting questions regarding birth coincidences.

  Initial effort in global fulfillment

Nick Jagr, company president, has negotiated most of the issues to sell Blasters through automotive aftermarket retailers in those countries. You have been brought onboard to handle the transportation issues related to the company's initial effort..

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