Question

In: Statistics and Probability

After a college football team once again lost a game to their archrival, the alumni association...

After a college football team once again lost a game to their archrival, the alumni association conducted a survey to see if alumni were in favor of firing the coach. A simple random sample of 100 alumni from the population of all living alumni was taken. Sixty-four of the alumni in the sample were in favor of firing the coach. Let p represent the proportion of all living alumni who favored firing the coach. Suppose the alumni association wished to see if the majority of alumni are in favor of firing the coach. To do this they test the hypotheses H0: p = 0.50 versus Ha: p > 0.50. What is the P-value for this hypothesis test?

Solutions

Expert Solution

We have for given example,              
Population proportion value is =0.5          
x=64          
              
n=100          
Level of significance =   0.05          
Estimate for sample proportion = 0.64          
              
Z test statistic formula for proportion

  
One-Tailed test (Upper)              
      
P-value=   0.0026 ................................by using Excel command =1-NORMSDIST(2.8) or by using Z table.   
Decision=   Reject   H0      


Related Solutions

The director of an alumni association for a small college wants to determine whether there is...
The director of an alumni association for a small college wants to determine whether there is any type of relationship between the amount of an alumnus's contribution (in dollars) and the years the alumnus has been out of school. Use the Data Analysis toolpack: Correlation and Regression and answer the questions below. Years Contribution 1 500 5 154 3 300 10 61 7 75 6 80 Give the following: correlation coefficient: is there a significant correlation between variables? Equation of...
In a football game, Team A defeated Team B by a score of 51 to 44....
In a football game, Team A defeated Team B by a score of 51 to 44. The total points scored came from 28 different scoring plays, which were a combination of touchdowns, extra-point kicks, field goals, and safeties, worth 6, 1, 3, and 2 points, respectively. There were four times as many touchdowns as field goals, and the number of extra-point kicks was equal to the number of touchdowns. How many touchdowns, extra-point kicks, field goals, and safeties were scored...
Once again, your team is the key financial management team for your company. The company’s CEO...
Once again, your team is the key financial management team for your company. The company’s CEO is now looking to expand its operations by investing in new property, plant, and equipment. In order to effectively evaluate the project’s effectiveness, you have been asked to determine the firm’s weighted average cost of capital. To determine the cost of capital, here is what you have been asked to do. 1. Go to Yahoo Finance (http://finance.yahoo.com) and capture the income statement information for...
Suppose that the Dongguk football team plays twelve games in a season. In each game, they...
Suppose that the Dongguk football team plays twelve games in a season. In each game, they have a1/3 probability of winning, a 1/2 probability of losing, and a 1/6 probability of tying. The outcome of each game is independent of all others. [1] What is the probability that the team will end the season with a record of (7 wins, 3 losses, 2 ties)? [2] Suppose that for each win, the team receives three points, and for each tie they...
Here are the golf scores (again) of 12 members of a college women's golf team in...
Here are the golf scores (again) of 12 members of a college women's golf team in two rounds of tournament play. (A golf score is the number of strokes required to complete the course, so that low scores are better.) To what extent may we predict the second round score from the first round score? Player | 1 2 3 4 5 6 7 8 9 10 11 12 Round 1 | 89 90 87 95 86 81 102 105...
(20) A college football team is a monopoly in setting price for season tickets. Demand for...
(20) A college football team is a monopoly in setting price for season tickets. Demand for season tickets is P = 25 – 0.005Q, where P is price of a season ticket and Q number of season tickets (one season ticket admits a person to all home games).   Marginal cost of supplying another season ticket is MC = 10 per seat. Use a graph to illustrate all answers. Explain your work. Find the profit-maximizing ticket price and quantity if the...
On game days, homeowners near a college football stadium used to rent parking spaces in their...
On game days, homeowners near a college football stadium used to rent parking spaces in their driveways to fans at a market rate of $11 (4,000 spaces available) Upon hearing rumors that homeowners were unfairly increasing parking prices for certain "high demand" games, the local town council issued a new town ordinance setting the maximum parking fee at $7. How will homeowners react? How will football fans react? What is the outcome of their actions?
. After seeing the result (from question 2), Cal decided to lower his price once again...
. After seeing the result (from question 2), Cal decided to lower his price once again to $2.729 per gallon. Once again, volume sold increases and settles at 4,800 gallons per day. He is worried that any further price cut will cause the discount station across the street to also lower its price. What is the price elasticity of demand? Can the demand be characterized as price elastic, price inelastic, or neither? By how much did revenues increase or decrease...
For a long time, a western football team set seat prices for its 15-game home schedule...
For a long time, a western football team set seat prices for its 15-game home schedule the same for each game. But when Nawaf Abdulaziz, director of business strategy, finished his IE at the King Abdulaziz University, he developed a valuable database of ticket sales. Analysis of the data led him to build a forecasting model he hoped would increase ticket revenue. Studying individual sales of Western tickets on the open Makani marketplace during the prior season, Nawaf determined the...
For a sample of 12 college football playes the mean heart rate after a morning workout...
For a sample of 12 college football playes the mean heart rate after a morning workout session was 86 beats per minute and the standard deviation of the sample was 8. find the 90% confidence interval of the true mean for all college football players after a workout session
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT