Difference between estimated proportions of business owners, Basic Statistics

Question 1. In 2009, Research New Zealand conducted a survey on small businesses in New Zealand. Small businesses were defined as enterprises with 19 or fewer employees. 501 small business owners, representative of New Zealand businesses with up to (and including) 19 employees were randomly selected and their answers to a number of questions were obtained. Two of the questions asked the owners about their expectations when they started the business and to what extent had these expectations been met? The table below details the owners' expectations and the responses to the question about the extent the expectations had been met.

1678_Difference between Estimated Proportions of Business Owners.png

 

(a) State the sampling situation for analysing the difference between the estimated proportion of small business owners in New Zealand whose expectation that it would be enjoyable/fun was exceeded and the estimated proportion of small business owners in New Zealand whose expectation that it would enjoyable/fun was met completely.

(b) Carry out a t-test to investigate if there is a difference between the proportion of small business owners in New Zealand whose expectation that it would be hard work was exceeded and the proportion of small business owners in New Zealand whose expectation that they would have a better work-life balance was exceeded. Notes:

(i) Refer to the instructions on page 1 of this assignment: "Hypothesis tests in this assignment".

(ii) You must follow the step-by-step guide to performing a t-test.

(iii) At step 6 it is necessary to use a graphics calculator, SPSS, Excel or t-tables to determine the P-value.

(iv) You can check your calculations by using the Excel spreadsheet on Cecil. Look under Assignment Resources.

 

 

Posted Date: 3/22/2013 5:36:24 AM | Location : United States







Related Discussions:- Difference between estimated proportions of business owners, Assignment Help, Ask Question on Difference between estimated proportions of business owners, Get Answer, Expert's Help, Difference between estimated proportions of business owners Discussions

Write discussion on Difference between estimated proportions of business owners
Your posts are moderated
Related Questions
What is hurdle rate? In investment spending budget, challenge amount is the minimal amount that an organization desires to earn when getting a venture. Hence the challenge amou

Define BIENNIUM A 24-month fiscal era. In Washington, the biennium expands from July 1 of odd numbered years to June 30 of odd numbered or more years.

Expertsmind.com  brings you unique solution in  physics An audio amplifier setup will have a power amplifier and usually a preamplifier.  The preamplifier takes the wea

Please show your work to receive credit for this question.. Harkin Electronics is planning its production next quarter for its two product lines, relays and capacitors.  The pro

How much it will cost to get an assignment

Expertsmind.com offering Uses of Financial Accounting Financial Accounting Sales performs important and useful part by creating the details for offering solutions to many conc

The whole point of organizing data using SPSS software is so that we can manipulate the data to answer our descriptive and inferential questions.  This next section will walk you t

How to combine two prisms to produce deviation without dispersion ?

What are the differences between Histogram and Historigram, list out the points.

1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a