Please answer fast Suppose that I have apredetermined hypothesis thatstudents taking ECO 204 have anaverage CGPA of 2.5, and I want totest whether their CGPA hasincreased in the current semester.Suppose my p-value for this test is0.02. At the 1% level ofsignificance, what should Iconclude?Student's CGPA has increased onaverage in the current semester.We cannot reject the hypothesis thatstudents' CGPA is 2.5 on average.Both a and bNone of the aboveA production line operation isdesigned to fill cartons withlaundry detergent to a meanweight of 32 ounces. A sample ofcartons is periodically selectedand weighed to determinewhether underfilling or overfillingis occurring. What kind ofhypothesis test should beconducted here?

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Answered: Suppose that I have a predetermined…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. A recent sample of 1,000 adults showed 410 indicating that their financial security was more than fair. Suppose that just a year before, a sample of 1,200 adults showed 420 indicating that their financial security was more than fair. (a) State the hypotheses that can be used to test for a significant difference between the population proportions for the two years. (Let p1 = population proportion most recently saying financial security more than fair and p2 = population proportion from the year before saying financial security more than fair. Enter != for ≠ as needed.) H0: p1−p2=0 Ha: p1−p2!=0 (b) Conduct the hypothesis test and compute the p-value. At a 0.05 level of significance, what is your conclusion? Find the value of the test statistic. (Use p1 − p2. Round your answer to two decimal places.) Find the p-value.…
A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. A recent sample of 1,000 adults showed 410 indicating that their financial security was more than fair. Suppose that just a year before, a sample of 1,200 adults showed 420 indicating that their financial security was more than fair. (a)State the hypotheses that can be used to test for a significant difference between the population proportions for the two years. (Let p1 = population proportion most recently saying financial security more than fair and p2 = population proportion from the year before saying financial security more than fair. Enter != for ≠ as needed.) H0: Ha: (b) Conduct the hypothesis test and compute the p-value. At a 0.05 level of significance, what is your conclusion? Find the value of the test statistic. (Use p1 − p2. Round your answer to two decimal places.) = Find the p-value. (Round your answer to…
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