Calculate the value of the test statistic

Assignment Help Basic Statistics

Reference no: EM131799123

A study conducted in September and October of 2010 found that fewer than half of employers who hired new college graduates last academic year plan to definitely do so again (The Wall Street Journal, November 29, 2010). Suppose the hiring intentions of the respondents were as follows:

2314_study conducted in September and October.png

Six months later, a sample of 500 employers were asked their hiring intentions and gave the following responses:

314_hiring intentions.png

a. Specify the competing hypotheses to test whether the proportions from the initial study have changed.

b. Calculate the value of the test statistic.

c. At a 5% significance level, what is the critical value?

d. What is the conclusion to the hypothesis test? Interpret your results.

Reference no: EM131799123

Questions Cloud

Unscrupulous employee at a casino : You suspect that an unscrupulous employee at a casino has tampered with a die; that is, he is using a loaded die. In order to test this claim

Explain the theme of your chosen comparative box : Explain the theme of your chosen comparative box. What does the theme mean? Determine how do the religious scriptures instruct people to act and/or become?

In what ways is ingvar kamprad a manager : Use the concepts of transactional, transformational, charismatic, and authentic leaders to describe the leadership of Ingvar Kamprad.

What are the steps in the decision making process : What are the steps in the decision making process? Share experiences you may have in the decision-making process at your work

Calculate the value of the test statistic : a. Specify the competing hypotheses to test whether the proportions from the initial study have changed. b. Calculate the value of the test statistic.

Define costs of nonurgent care in the emergency department : Why do the variety of services emergency department produce and the amount of overhead to be allocated make cost finding difficult.

Compute the increase or decrease of net operating income : Compute the increase or decrease of net operating income if the bilge pump product line are continued or discontinued

Write a report to brian summarizing your recommendations : Analyze the information and write a report to Brian summarizing your recommendations.

Default probabilities of rto contracts : Set up the competing hypothesis to test whether the return, purchase, and default probabilities of RTO contracts differ from 0.65, 0.30, and 0.05, respectively.

User Account

All Pages