Question
In: Statistics and Probability
3) You also have been asked to determine at both the 5% and 1% levels of...
3) You also have been asked to determine at both the 5% and 1% levels of significance whether the proportion of the purchasers of the unit at one very large store that purchases a certain lens at the time of the purchase of the body of the camera is different from 40%. You select a random sample of purchases of the unit from this store. The sample data concerning whether the purchases included the purchase of this lens is shown below. Answer the question posed above at each of the stated levels of significance based upon the sample data given in appendix two.
Appendix Two:
Purchase includes this lens? (Y = yes, N = no)
Y N Y Y N N N N N Y Y N N Y Y N N N Y N N N N Y Y Y N N Y N Y N Y Y N N Y N N Y Y N N N N N N N N N Y Y N Y Y Y Y N N Y Y Y Y N N N N N Y Y Y Y Y Y Y N N N N Y Y N Y N Y Y Y N N Y N Y Y N N N Y Y N N
Solutions
orchestra answered 1 year agoRelated Solutions
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You are a financial analyst for Loch Motor Company and have been asked to determine the...
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impact of alternative depreciation methods. For your analysis, you
have been asked to compare methods based on a machine that cost
$206,000. The estimated useful life is 12 years, and the estimated
residual value is $46,160. The machine has an estimated useful life
in productive output of 222,000 units. Actual output was 31,000 in
year 1 and 27,000 in year 2.
Required:
1.
For...
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