Question

In: Statistics and Probability

In a survey of 155 senior​ executives, 51​% said that the most common job interview mistake...

In a survey of 155 senior​ executives, 51​% said that the most common job interview mistake is to have little or no knowledge of the company. Use a 0.01 significance level to test the claim that in the population of all senior​executives, 40​% say that the most common job interview mistake is to have little or no knowledge of the company. Identify the null​ hypothesis, alternative​ hypothesis, test​ statistic, P-value, conclusion about the null​ hypothesis, and final conclusion that addresses the original claim. Use the​ P-value method. Use the normal distribution as an approximation of the binomial distribution. Identify the null and alternative hypotheses.

The test statistic is ​(Round to two decimal places as​ needed.)

The​ P-value is ​(Round to four decimal places as​ needed.)

Identify the conclusion about the null hypothesis and the final conclusion that addresses the original claim.

reject/ fail to reject H0 because There is not / is sufficient evidence to warrant rejection of the claim that among senior​ executives, 40​% say that the most common job interview mistake is to have little or no knowledge of the company.

Solutions

Expert Solution

Let p be the true proportion of senior​executives, who say that the most common job interview mistake is to have little or no knowledge of the company

The claim is the 40​% of senior​executives say that the most common job interview mistake is to have little or no knowledge of the company, that is p=0.40

Identify the null and alternative hypotheses.

ans: The hypotheses are

Use a 0.01 significance level to test the claim

The level of significance is

From the sample we have the following

n=155 is the sample size

is the sample proportion of senior​executives, who say that the most common job interview mistake is to have little or no knowledge of the company

is the hypothesized value of the proportion

The standard error of proportion is

Since are both greater than 5, we can use normal distribution as the sampling distribution of proportions.

The test statistic is ​(Round to two decimal places as​ needed.)

ans: The test statistic is 2.80

The​ P-value is ​(Round to four decimal places as​ needed.)

This is a 2 tailed test (the alternative hypothesis has "not equal to")

The p-value is

ans: The p-value is 0.0052

Identify the conclusion about the null hypothesis and the final conclusion that addresses the original claim.

We will reject the null hypothesis if the p-value is less than the significance level.

Here, the p-value is 0.0052 and it is less than the significance level alpha=0.01. Hence we reject the null hypothesis.

ans: reject H0 because the p-value is less than

There is sufficient evidence to warrant rejection of the claim that among senior​ executives, 40​% say that the most common job interview mistake is to have little or no knowledge of the company.


Related Solutions

A survey was done among retired senior executives who had returned to work. It found that...
A survey was done among retired senior executives who had returned to work. It found that after returning to work, 36% were employed by another organization, 31% were self-employed, 26% were either freelancing or consulting, and 7% had formed their own company. To see if these percentages are consistent with residents of a county, a local researcher surveyed 300 retired executives who have returned to work and found that 102 were working for another company, 87 were self-employed, 96 were...
In a Duke University survey of 400 corporate financial executives, two out of five said they...
In a Duke University survey of 400 corporate financial executives, two out of five said they would use legal ways to book revenues early if that would help them meet earnings targets. More than one in five would adjust certain estimates or sell investments to book higher income. Comment on the ethics of both of these statements by the financial executives in the Duke survey. at least 300 words
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for...
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full-time employees at your company over the next 12 months?" In the current survey, 240 of 400 executives answered Yes, while in a previous year survey, 199 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at...
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for...
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full-time employees at your company over the next 12 months?" In the current survey, 240 of 400 executives answered Yes, while in a previous year survey, 198 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at...
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for...
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full-time employees at your company over the next 12 months?" In the current survey, 230 of 400 executives answered Yes, while in a previous year survey, 191 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at...
According to a survey by Accountemps, 48% of executives believe that employees are most productive on...
According to a survey by Accountemps, 48% of executives believe that employees are most productive on Tuesdays. Suppose 230 executives are randomly surveyed. Appendix A Statistical Tables a. What is the probability that fewer than 101 of the executives believe employees are most productive on Tuesdays? b. What is the probability that more than 115 of the executives believe employees are most productive on Tuesdays? c. What is the probability that more than 96 of the executives believe employees are...
What worries you the most about the job interview process? Explain in a minimum of 150...
What worries you the most about the job interview process? Explain in a minimum of 150 words.
What are the most important preparations needed by yourself before attending a job interview and how...
What are the most important preparations needed by yourself before attending a job interview and how could you enhance the chance of you being selected as the ideal candidate during the said interview
Select the most effective survey instrument (mailed survey, telephone survey, personal interview or email poll) for collecting the following data. Justify your answer.
  Select the most effective survey instrument (mailed survey, telephone survey, personal interview or email poll) for collecting the following data. Justify your answer. For a feature article in a magazine, the magazine would like to determine how many of its subscribers regularly exercise. A research company is collecting data surrounding consumer preferences of common household cleaning products within five geographic regions.   The business college needs to determine how many students will register for internships next semester.   As...
One of the most common tax relief measures is the homestead exemption for senior citizens, veterans,...
One of the most common tax relief measures is the homestead exemption for senior citizens, veterans, and disabled citizens. What is the justification for such exemptions? What are their long-term effects on the property tax base? What are some alternative methods for providing relief that avoid adverse effects to the tax base?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT