BASIC BUSINESS STATISTICS
BASIC BUSINESS STATISTICS
14th Edition
ISBN: 9780135285923
Author: MARK BERENSON
Publisher: PEARSON
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Chapter 12, Problem 28PS

Using Table E.6, determine the lower-tail critical value for the Wilcoxon rank sum test statistic, T 1 , in each of the following one-tail tests:

a . α = 0.05 , n 1 = 6 , n 2 = 8 b . α = 0.025 , n 1 = 6 , n 2 = 8 c . α = 0 .01, n 1 = 6 , n 2 = 8 d . α = 0.005 , n 1 = 6 , n 2 = 8

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Recall the data for the three populations. p1 = 0.576      n1 = 250 p2 = 0.48   n2 = 300 p3 = 0.45   n3 = 200 Find the critical value for the pairwise difference between populations i = 1 and j = 3,  CV13,  rounding the result to four decimal places. CVij  =    ??2     pi(1 − pi) ni  +  pj(1 − pj) nj   CV13  =    ?20.05     p1(1 − p1) n1  +  p3(1 − p3) n3      =    5.991     0.576(1 − 0.576) 250  +  0.45(1 − 0.45)        =    Find the critical value for the pairwise difference between populations i = 2 and j = 3,  CV23,  rounding the result to four decimal places. CVij  =    ??2     pi(1 − pi) ni  +  pj(1 − pj) nj   CV23  =    ?20.05     p2(1 − p2) n2  +  p3(1 − p3) n3      =    5.991     0.48(1 − 0.48) 300  +  0.45(1 − 0.45)        =
With a = .01, what is the critical t value for a one-tailed test with n = 30? O t = 2.457 Ot = 2.462 Ot = 2.756 Ot = 2.750
A sample of 12 male and 12 female students were surveyed and the amount spent on food last week were recorded. The results are summarized in the table below. Test for the hypothesis that the weekly amount spent on food of male and female students is the same, at a=0.10. Male Female 623 685 537 629 613 517 588 580 651 658 688 582 526 614 579 528 814 655 878 804 660 549 722 617   a. What are the null and alternative hypotheses?b. What is the critical value? (4 decimal points)c. What is the test statistic? (4 decimal points)e. Reject or accept null hypothesis?

Chapter 12 Solutions

BASIC BUSINESS STATISTICS

Ch. 12 - Consider a contingency table, with two rows and...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - How common are financial cost or contractual...Ch. 12 - Business sensor technology provides a way for...Ch. 12 - Prob. 16PSCh. 12 - Repeat (a) and (b) of Problem 12.16, assuming that...Ch. 12 - Prob. 18PSCh. 12 - The MSCI 2016 Survey of Women of Boards Survey...Ch. 12 - Prob. 20PSCh. 12 - Prob. 21PSCh. 12 - Prob. 22PSCh. 12 - A Gallup survey across generations of workers...Ch. 12 - How often do Facebook users post? A study by the...Ch. 12 - What makes sales leaders tick? Mercuri...Ch. 12 - PwC takes a closer look at what CEOs are looking...Ch. 12 - Using Table E.6, determine the lower-and...Ch. 12 - Using Table E.6, determine the lower-tail critical...Ch. 12 - Prob. 29PSCh. 12 - Prob. 30PSCh. 12 - Prob. 31PSCh. 12 - Prob. 32PSCh. 12 - From Problem 12.32 , at the 0.05 level of...Ch. 12 - In Problems 12.32 and 12.33, what is your...Ch. 12 - A vice president for marketing recruits 20 college...Ch. 12 - Prob. 36PSCh. 12 - Is there a difference in the satisfaction rating...Ch. 12 - The management of a hotel has the business...Ch. 12 - Prob. 39PSCh. 12 - Brand valuations are critical to CEOs, financial...Ch. 12 - A bank with a branch located in a commercial...Ch. 12 - Prob. 42PSCh. 12 - Prob. 43PSCh. 12 - Prob. 44PSCh. 12 - A pet food company has the business objective of...Ch. 12 - A hospital conducted a study of the waiting time...Ch. 12 - Prob. 47PSCh. 12 - An advertising agency has been hired by a...Ch. 12 - Prob. 49PSCh. 12 - The more costly and time consuming it is to export...Ch. 12 - Prob. 51PSCh. 12 - Prob. 52PSCh. 12 - Prob. 53PSCh. 12 - Prob. 54PSCh. 12 - Prob. 55PSCh. 12 - Prob. 56PSCh. 12 - Prob. 57PSCh. 12 - Prob. 58PSCh. 12 - Prob. 59PS
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