An accounting firm has been hired by a large computer

Assignment Help Basic Statistics
Reference no: EM13611612

An accounting firm has been hired by a large computer company to test whether the proportion of accounts receivables with errors in Division1 exceeds 7%. A random sample of size 100 accounts was taken in 8 accounts were found to have errors. Calculate the test statistic. Zsample for this problem (TS) Round your final answer to 2 decimal places.

Reference no: EM13611612

Questions Cloud

According to a survey of american households the : according to a survey of american households the probability that the residents own 2 cars given annual household
The time required for the credit application process : many retails stores offer their own credit cards. at the time of the credit application the customer is given a 10
Waiting times to receive food after placing an order at the : waiting times to receive food after placing an order at the local subway sandwich shop follow an exponential
Use a two-tailed test with alpha 005 to determine whether : a new over-the -counter cold medication includes a warning label stating that it may cause drowsiness. a researcher
An accounting firm has been hired by a large computer : an accounting firm has been hired by a large computer company to test whether the proportion of accounts receivables
You wish to test if there is a difference in the average : you wish to test if there is a difference in the average time male and female students spend studying for a business
Jacobsen leasing company leases a new machine that has a : jacobsen leasing company leases a new machine that has a cost and fair value of 71000 to stadler corporation on a
Suppose we have a pile of 20 batteries of which ve are dead : suppose we have a pile of 20 batteries of which ?ve are dead. if we select 4 batteries at random let x be the random
Carson wood products company prepared the following factory : carson wood products company prepared the following factory overhead cost budget for the press department for april

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability-patient-s test comes out positive for disease

A patient is chosen at random from the clinic. What is the probability that the patient's test comes out positive for Lyme disease?

  Comparison of paired and unpaired samples

comparison of paired and unpaired samples test.nbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp a local voluntary organization

  Testing hypothesis-mean

A machine is set to produce tennis balls so the mean bounce is 36 inches when the ball is dropped from a platform of a certain height. The supervisor suspects that the mean bounce has changed and is less than 36 inches.

  Difference between the two groups of scores

A researcher plans to compare two treatment conditions by measuring one sample in treatment 1 and a second sample in treatment 2. The researcher will then compare the scores for the two treatments. If there is a difference between the two groups o..

  In order to determine an interval for the mean of a

in order to determine an interval for the mean of a population with unknown standard deviation a sample of 61 items is

  Find chance of element being included in the sample

Simple random sample of 100 elements is taken: (a) What is the chance of an element being included in the sample? (b) What is this chance called (hint: not probability)?

  Value of your pooled proportion

you are testing whether there is a significant difference in the proportions of college students and similar aged non college students having accidents during the two year period. What is the value of your pooled proportion?

  Basic statistics page 1 of 3 gb513 assessment 6 final

page 1 of 3 gb513 part a requires you to reviewdiscuss an article which was published in harvard business review. use

  Find the joint density the region where it is non-zero

Represent (X,Y) as a function of (U,V). Find the joint density f(u,v) for (U,V) (Hint: take into account the region where it is non-zero). Calculate f(1,0) and input it as the answer.

  Finding and comparing the level of significance

If the same sample results had been obtained from a random sample of 16 students, could the students' claim be accepted at a lower level of significance?

  Symmetric distribution-simple random paired sample

In performing a hypothesis test based on a simple random paired sample to compare the means of two populations, knowing that the paired difference variable has a symmetric distribution that is far from normal

  Find estimated population mean using standard deviation

A sample of 36 packages reveals the mean weight to be 3.01 pounds, with a standard deviation of 0.03 pounds. What is the estimated population mean?

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