Find information, preferably pertaining to your major (business) or your interests, and talk about the application...

Find information, preferably pertaining to your major (business) or your interests, and talk about the application of a confidence interval OR a construct a hypothesis test. The application part of this assignment is the most important part so when constructing a confidence interval or a hypothesis test, include how the application can be utilized. Include the actual mathematics behind your choice. Cite your sources correctly.

Expert Solution

2)
p^ +- z * sqrt(p^ * (1-p^/n))

X = 784, n = 5000

p^ = X/n = 0.1568, z = 1.96 for 95% CI

Population PROPORTION Confidence Interval

	sample size =	5000
	sample proportion =	0.1568

	confidence level =	95%

	Number of Decimals in Results =	4

	standard error =	0.005142

	Critical z-value =	1.959964

	Confidence Interval =	0.1568	+/-	0.0100786280273571
	=	( 0.146721371972643, 0.166878628027357)
	≈	( 0.1467, 0.1669)

	We are 95% confident the true population proportion is between 0.1467 and 0.1669.

3)

Population PROPORTION Hypothesis Test

	phat = sample proportion =	0.1568
	n = sample size =	5000
	α = alpha =	0.1


Step 1: State Ho and Ha
	Population parameter comparison value?		0.15
	Is this a LEFT, RIGHT or TWO tailed test?		RIGHT-tailed

	Null Hypothesis:	Ho: p ≤ 0.15
	Alternate Hypothesis:	Ha: p > 0.15


Step 2: State Decision Criteria; Find Critical Values
	Reject Ho if z > 1.282
	or Reject Ho if p-value < α = 0.1

Step 3: Calculate Test Statistic
	Test statistic = z =	1.346600658
	p-value =	0.089054441

Step 4: Make Decision
	Reject Ho
	Reject Ho since p-value (0.0891) IS less than α, alpha, = 0.1.
	Also, Reject Ho since the Test statistic (1.3466) meets the rejection criteria in STEP 2.

Step 5: Summarize Decision
	There is sufficient statistical evidence to reject Ho.

Please give me a thumbs-up if this helps you out. Thank you! :)

orchestra answered 1 year ago

Which business discipline is your favorite? Find a newspaperarticle that illustrates a legal problem. Pertaining...

Which business discipline is your favorite? Find a newspaper article that illustrates a legal problem. Pertaining to that discipline that could have been avoided with a better understanding of the legal environment of business.

(g) Do a web search and find another example of Simpson's Paradox, preferably in a business...

(g) Do a web search and find another example of Simpson's Paradox, preferably in a business context. Don't pick the first one you find - dig a little deeper. Give the details of the example and explain how it demonstrates this paradox. Include the url to the website.

talk about BHT as a food additive a)introduction about BHT b) Application (examples of food products...

talk about BHT as a food additive a)introduction about BHT b) Application (examples of food products containing BHT ex: bread, meat, beverages..), amounts used per serving....) c) Discussion about BHT (Toxicity (animal experiments, human toxicity testing if applicable) , doses + effects) d) conclusion (your opinion on whether the additive BHT should be banned or not , if yes propose substitutes)

talk about Sulfites as a food additive a)introduction about sulfites b) Application (examples of food products...

talk about Sulfites as a food additive a)introduction about sulfites b) Application (examples of food products containing sulfites ex: bread, meat, beverages..), amounts used per serving....) c) Discussion about sulfites (Toxicity (animal experiments, human toxicity testing if applicable) , doses + effects) d) conclusion (your opinion on whether the additive sulfites should be banned or not , if yes propose substitutes)

Talk about the importance of finances in the business world. Comment about the importance of finance...

Talk about the importance of finances in the business world. Comment about the importance of finance for your profession. Include references

Let's talk about computing ordinary income for a partnership. What are the major components of this...

Let's talk about computing ordinary income for a partnership. What are the major components of this calculation? What type of deductions are allowed for the partnership?

introduce and talk about the company and there’s business work write about 5000 words

Find and choose a book about taxes – you need to choose a book that interests...

Find and choose a book about taxes – you need to choose a book that interests you, not a book that you think will interest me. It can be fiction or non-fiction. It can be about the history of federal income tax. It can be a tax how to guide like J. K. Lasser’s Small Business Taxes 2020. Write couple of paragraphs about what you learned. Post a link.

Please attach to the application a brief narrative outlining your academic interests. Include any current or...

Please attach to the application a brief narrative outlining your academic interests. Include any current or long-range interests in research, teaching or other professional objectives. If you have progressed far enough in your career to have publications or other evidence of scholarly endeavor, please describe these. plzzz ans asap...

talk about Legal framework of business in Saudi Arabia (1000 word)

Question