Difference between estimated proportions of business owners, Basic Statistics

Assignment Help:

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.

 

 


Related Discussions:- Difference between estimated proportions of business owners

Analytical approach of strategy, 1. Comment on influence of study design, s...

1. Comment on influence of study design, sampling strategy and scale of measurement of outcome variable, on your choice of analytical approach Study design: the study design i

Calculate bonferroni confidence intervals, The "recoverytime" files record ...

The "recoverytime" files record the time (in days) for male blue-collar workers to recover from a common wrist fracture. Each man was given a questionnaire to complete to determine

Statistical inference, A study was conducted at a major north-eastern Ameri...

A study was conducted at a major north-eastern American medical centre regarding blood cholesterol levels and heart-attack incidents. A total of 28 heart-attack patients had their

Case study, A survey was conducted among the residents of Pune City, its su...

A survey was conducted among the residents of Pune City, its suburbs and the PuneCantonment area. The following three pie diagrams show their respective preferences for living in C

Histogram, difference between histogram and historigram

difference between histogram and historigram

Spss, what is spss explain in breif

what is spss explain in breif

Accounting for partnerships and limited liability companies, Singer & Mcman...

Singer & Mcmann are partners in business. Singer''s original capital was $40,000 and Mcmann''s was $60.000. They agree to salaries of $12,000 and $18,00 respectively and 10% inte

Write Your Message!

Captcha
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