Question

In: Statistics and Probability

How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone...

How common are financial cost or contractual constraints associated with smartphone ownership? A survey of smartphone owners found that 48% of the 18 to 29 year old customers, 38% of the 30 to 49 year old customers, 25% of the 50 to 64 year old customers, and 19% of the 65 year old plus customers have reached the maximum amount of data they are allowed as part of their plan, at least on occasion. Suppose the survey was based on 200 smartphone users in each age category.

  1. At the 0.05 level of significance, is there evidence of a difference among the age groups in the proportion of smartphone owners who have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion?
  2. Determine the p-value in (a) and interpret its meaning.
  3. If appropriate, use the Maracuilo procedure at .05 to determine which age groups differ. State which ones differ and why statistically.

Solutions

Expert Solution

Answer: ---- Date: ----19/5/2019


Related Solutions

Problem 1 (Test for the difference among multiple proportions) How common are financial cost or contractual...
Problem 1 (Test for the difference among multiple proportions) How common are financial cost or contractual constrains associated with smartphone ownership? A survey of smartphone owners found that 48% of the 18 – to 29 –years–olds, 38% of the 30- to 49-years-olds, 25% of the 50- to 64-years-olds, and 19% of those 65 or older have reached the maximum amount of data they are allowed to use as part of their plan, at least on occasion. Suppose the survey was...
A survey asked subjects how many friends they have and whether this number is associated with...
A survey asked subjects how many friends they have and whether this number is associated with their astrological sign (the 12 symbols of the Zodiac). To compare the reported number of good friends for those who are (married, widowed, divorced, separated, never married), an ANOVA table reports F = 0.80. (a) Specify the null and alternative hypotheses for the ANOVA. (b) Based on what you know about the F distribution; would you guess that F = 0.80 provides strong evidence...
Explain how the triple constraints of scope, schedule, and cost play an integral role in managing...
Explain how the triple constraints of scope, schedule, and cost play an integral role in managing a successful project. 200 words
If the directors and managers of a financial institution (bank)  have large ownership of firms shares how...
If the directors and managers of a financial institution (bank)  have large ownership of firms shares how it can it lead to agency and stakeholders problem. Also, how it can lead to a corporate goverance  failure?
Discuss some of the common pitfalls associated with the system acquisition process and how those issues...
Discuss some of the common pitfalls associated with the system acquisition process and how those issues can be avoided.
Explain how to execute a transaction on the blockchain, and explain its associated cost
Explain how to execute a transaction on the blockchain, and explain its associated cost
How to find the cost of debt, cost of preferred stock, cost of common equity, capital...
How to find the cost of debt, cost of preferred stock, cost of common equity, capital structure, and the weighted average cost of capital for a publicly traded company like Costco or Amazon.
Using the constraint list in this chapter, discuss some of the primary or more common constraints with project resources and how each affects the project.
A Comprehensive Guide to Project Management Schedule and Cost Control, Ch. 6Using the constraint list in this chapter, discuss some of the primary or more common constraints with project resources and how each affects the project. Choose two of the constraints to discuss.
One of the financial risk is currency risk. How can we hedge the currency risk associated...
One of the financial risk is currency risk. How can we hedge the currency risk associated with the proposed trade? While you should show familiarity with the theoretical approach to such hedging, you should primarily focus on practical implementation of the strategy (what financial instruments and why, where can we access such instruments, what back office organizational systems do we need for financial instrument hedging, when should we hedge and why). THIS IS IN REGARDS TO UBER.
How do financial and managerial accounting differ? What do financial and managerial accounting have in common?
How do financial and managerial accounting differ? What do financial and managerial accounting have in common?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT