QUESTION 2 Private sector managing directors are of the opinion that 50% of the corporate, government, and accounting executives of the Financial Accounting Foundation rate a company's cash flow as the most important indicator of a company's financial health. A survey of 415 corporate, government, and accounting executives of the Financial Accounting Foundation found that 278 rated cash flow as the most important indicator of a company's financial health. Assume that the 415 executives constitute a random sample from the population of all executives. The questions follow on the next page. 1. Is there sufficient evidence to indicate that the proportion of executives that rate cash flow as the most important indicator of financial health, differs from the opinion of the private sector managing directors? Use a test with level a = 0.05. Interpret your findings.
QUESTION 2 Private sector managing directors are of the opinion that 50% of the corporate, government, and accounting executives of the Financial Accounting Foundation rate a company's cash flow as the most important indicator of a company's financial health. A survey of 415 corporate, government, and accounting executives of the Financial Accounting Foundation found that 278 rated cash flow as the most important indicator of a company's financial health. Assume that the 415 executives constitute a random sample from the population of all executives. The questions follow on the next page. 1. Is there sufficient evidence to indicate that the proportion of executives that rate cash flow as the most important indicator of financial health, differs from the opinion of the private sector managing directors? Use a test with level a = 0.05. Interpret your findings.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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