Question

In: Statistics and Probability

Does the average Presbyterian donate more than the average Catholic in church on Sundays? The 40...

Does the average Presbyterian donate more than the average Catholic in church on Sundays? The 40 randomly observed members of the Presbyterian church donated an average of $24 with a standard deviation of $12. The 54 randomly observed members of the Catholic church donated an average of $17 with a standard deviation of $14. What can be concluded at the α = 0.05 level of significance? For this study, we should use Select an answer The null and alternative hypotheses would be: H 0 : Select an answer Select an answer Select an answer (please enter a decimal) H 1 : Select an answer Select an answer Select an answer (Please enter a decimal) The test statistic ? = (please show your answer to 3 decimal places.) The p-value = (Please show your answer to 4 decimal places.) The p-value is ? α Based on this, we should Select an answer the null hypothesis. Thus, the final conclusion is that ... The results are statistically significant at α = 0.05, so there is sufficient evidence to conclude that the mean donation for the 40 Presbyterians that were observed is more than the mean donation for the 54 Catholics that were observed. The results are statistically significant at α = 0.05, so there is sufficient evidence to conclude that the population mean amount of money that Presbyterians donate is more than the population mean amount of money that Catholics donate. The results are statistically insignificant at α = 0.05, so there is insufficient evidence to conclude that the population mean amount of money that Presbyterians donate is more than the population mean amount of money that Catholics donate. The results are statistically insignificant at α = 0.05, so there is statistically significant evidence to conclude that the population mean amount of money that Presbyterians donate is equal to the population mean amount of money that Catholics donate.

Solutions

Expert Solution


Related Solutions

Does the average Presbyterian donate more than the average Catholic in church on Sundays? The 44...
Does the average Presbyterian donate more than the average Catholic in church on Sundays? The 44 randomly observed members of the Presbyterian church donated an average of $22 with a standard deviation of $12. The 58 randomly observed members of the Catholic church donated an average of $17 with a standard deviation of $10. What can be concluded at the αα = 0.10 level of significance? For this study, we should use Select an answert-test for the difference between two...
Does the average Presbyterian donate a different amount of money compared to the average Catholic in...
Does the average Presbyterian donate a different amount of money compared to the average Catholic in church on Sundays? The 41 randomly observed members of the Presbyterian church donated an average of $21 with a standard deviation of $5. The 44 randomly observed members of the Catholic church donated an average of $16 with a standard deviation of $10. What can be concluded at the α = 0.05 level of significance? For this study, we should use The null and...
Does the average Presbyterian donate a different amount of money compared to the average Catholic in...
Does the average Presbyterian donate a different amount of money compared to the average Catholic in church on Sundays? The 49 randomly observed members of the Presbyterian church donated an average of $28 with a standard deviation of $12. The 51 randomly observed members of the Catholic church donated an average of $26 with a standard deviation of $10. What can be concluded at the αα = 0.05 level of significance? For this study, we should use Select an answer...
On a normal weekend, 12% of those attending Mass at a local Catholic church donate over...
On a normal weekend, 12% of those attending Mass at a local Catholic church donate over $200 per week, 26% donate between $100 and $200 per week, and the remaining donate less than $100 per week. At Christmas time, a survey of 225 people attending Masses finds that 29% donate over $200, 48% donate between $100 and $200, and the remaining donate less than $100. When testing (at the 10% level of significance) whether the proportions are different at Christmas...
what is in-vitro fertilization? what does the catholic church teach about it?
what is in-vitro fertilization? what does the catholic church teach about it?
In what respects does FIFO provide more useful information than average?
In what respects does FIFO provide more useful information than average?
You want to invest ​$40 000 in a portfolio with a beta of no more than...
You want to invest ​$40 000 in a portfolio with a beta of no more than 1.4 and an expected return of 12.9​%. Bay Corporation has a beta of 1.01 and an expected return of 10.7​%, and City Limited has a beta of 1.86 and an expected return of 15.49​%. The​ risk-free rate is 5​%. Is it possible to create this portfolio investing in Bay Corporation and City​ Limited? If​ so, how much will you invest in​ each?
It is claimed that the proportion of male golfers is more than 0.4 (40%). State the...
It is claimed that the proportion of male golfers is more than 0.4 (40%). State the null and alternate hypothesis that would be used to check this claim Suppose a sample is taken and the requirements are met. The results of the analysis say reject the hypothesis at the 5% level of significance. Write the interpretation of this hypothesis test.       
You want to invest ​$40 000 in a portfolio with a beta of no more than...
You want to invest ​$40 000 in a portfolio with a beta of no more than 1.46 and an expected return of 13.4​%. Bay Corporation has a beta of 1.08 and an expected return of 11.5​%, and City Limited has a beta of 1.8 and an expected return of 15.16​%. The​ risk-free rate is 6​%. Is it possible to create this portfolio investing in Bay Corporation and City​ Limited? If​ so, how much will you invest in​ each?
Why does Subaru gain more than Toyota?
Why does Subaru gain more than Toyota?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT