Question

In: Statistics and Probability

Use the research described below to answer the questions that follow. Shargorodsky, Curhan, Curhan, and Eavey...

Use the research described below to answer the questions that follow. Shargorodsky, Curhan, Curhan, and Eavey (2010) examined hearing loss data for participants from the National Health and Nutrition Examination Survey (NHANES), aged 12-19 years. (NHANES provides nationally representative cross-sectional data on the health status of the civilian, non-institutionalized U.S. population.) The researchers compared the more recent hearing loss rate among teens (12-19 years) in 2005 to previous levels in 1988. Their goal was to see whether teen hearing loss is increasing, possibly due to heavier use of ear buds. They examined data from 1771 participants in the NHANES 2005 study (333 with some level of hearing loss), as well as data on 2928 teens from the NHANES 1988 study, with 480 in this group showing some level of hearing loss.

QUESTION 1: Calculate the p-value

QUESTION 2: Calculate an appropriate confidence interval for the change (if it exists) in hearing loss.

Solutions

Expert Solution

Q1) P-value =0.04252

Q2) 95% confidence interval for the change =(0.0018 ,0.0464)

Solution:

For 2005 x1 = 333 n1=1771 p1=333/1771=0.188029

For 1988 x2=480 n2=2928, p2= 480/2928=0.163934

p-hat = ( x1 + x2) / ( n1 + n2). = (333+480)/(1771+2928) =0.173016

Here Null and alternative hypothesis are below:

H0 : p1=p2

H1: p1 > p2

To calculate we first need to calculate test statistics z and then calculate p(Z>z)

Test statistics z=(p1-p2)/sqrt(p-hat*(1-p-hat)*(1/n1+1/n2

z=(0.188029- 0.163934)/sqrt(0.173016*(1-0.173016)*((1/1771)+(1/2928)))

=2.1160

P-Value

For Ha: p1 - p2 > 0, we calculate the proportion of the normal distribution that is greater than Z.

i.e p(Z> 2.1160)=0.04252

P-value =0.04252

appropriate confidence interval

95% Confidence interval

((p1-p2) - Z_alpha*sqrt(p-hat*(1-p-hat)*(1/n1+1/n2,(p1-p2) + Z_alpha*sqrt(p-hat*(1-p-hat)*(1/n1+1/n2)

at alpha=0.05  Z_alpha=1.96

CI= ((0.188029- 0.163934)-1.96*sqrt(0.173016*(1-0.173016)*((1/1771)+(1/2928))),(0.188029- 0.163934)+1.96*sqrt(0.173016*(1-0.173016)*((1/1771)+(1/2928))))

=(0.0018 ,0.0464)

95% confidence interval for the change =(0.0018 ,0.0464)


Related Solutions

Subject :Business research Read the extract below and answer the questions that follow. ChemLee Manufacturing is...
Subject :Business research Read the extract below and answer the questions that follow. ChemLee Manufacturing is a chemical manufacturing firm that produces and supplies various chemical substances. ChemLee manufacturing employs 300 employees. However, the labour turnover rate experience by ChemLee manufacturing has escalated substantially ovet the years. This has compromised ChemLee's ability to ensure efficient service delivery to its clients. As a consultant, you have been assigned to investigate the causes of labour turnover for ChemLee manufacturing. You are also...
Use the option quote information shown below to answer the questions that follow. The stock is...
Use the option quote information shown below to answer the questions that follow. The stock is currently selling for $30. Option and Calls Puts NY Close Expiration Strike Price Vol. Last Vol. Last Macrosoft February 31 88 .53 43 1.53 March 31 64 .77 25 1.94 May 31 25 1.05 14 2.36 August 31 6 1.26 6 2.40 a. Suppose you buy 13 contracts of the February 31 call option. How much will you pay, ignoring commissions? (Do not round...
Use the data below to answer the three questions that follow it. $/£ (USD/GBP) - Sport...
Use the data below to answer the three questions that follow it. $/£ (USD/GBP) - Sport Rate is 1.2360 $/£ (USD/GBP) - 180-day forward rate is 1.2300 $ interest rates are 0.25% (one quarter of a percent or 25 basis points) £ (GBP) interest rates are 1.00% If you could borrow either £ 10,000,000 or $ 10,000,000 how much profit could you make from a covered interest arbitrage? Be sure to state your answer in terms of USD or GPB.
Use the option quote information shown below to answer the questions that follow. The stock is...
Use the option quote information shown below to answer the questions that follow. The stock is currently selling for $45. Option and Calls Puts NY Close Expiration Strike Price Vol. Last Vol. Last Macrosoft February 47 103 2.03 58 3.03 March 47 79 2.27 40 3.44 May 47 40 2.55 29 3.86 August 47 21 2.76 21 3.90 Suppose you buy 28 contracts of the February 47 call option and Macrosoft stock is selling for $48 per share on the...
Use the scenario below to frame your answer of the questions that follow As you join...
Use the scenario below to frame your answer of the questions that follow As you join some friends for coffee, they are discussing a group of classmates who seem to have problems with their identity development—some seem to have a rather incoherent, disjointed, incomplete sense of who they are; one seems to have made no exploration at all in any areas of his development and just does what his parents tell him, which he says is fine with him; and...
Use the option quote information shown below to answer the questions that follow. The stock is...
Use the option quote information shown below to answer the questions that follow. The stock is currently selling for $36. Option and Calls Puts NY Close Expiration Strike Price Vol. Last Vol. Last Macrosoft February 37 94 1.13 49 2.13 March 37 70 1.37 31 2.54 May 37 31 1.65 20 2.96 August 37 12 1.86 12 3.00 a. Suppose you buy 19 contracts of the February 37 call option. How much will you pay, ignoring commissions? (Do not round...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its article to issue 100000 shares of $5 preferred shares and an unlimited number of common shares. The company started the year with a balance   of Retained earning of $74,000. The table below shows the transactions that occurred during the year of the company’s operations: Year 2017 Jan 2 Issued 8000 common shares at $3 per share Feb 15 Paid the promoters $ 3500 in...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its article to issue 100000 shares of $10 preferred shares and an unlimited number of common shares. The table below shows the transactions that occurred during the first two years of the company’s operations: Year 2019 Jan 2 Issued 1000 common shares at $6 per share Feb 15 Paid the promoters $ 3500 in kind [ 1100 common shares] April 30 Issued 10000 common shares...
Use the information below to answer the questions that follow. Wiggins Corporation utilizes an accounting software...
Use the information below to answer the questions that follow. Wiggins Corporation utilizes an accounting software package that is capable of producing a detailed aging of outstanding accounts receivable. Following is the aging schedule as of December 31, 20X2. AGE AMOUNT OUTSTANDING 0 to 30 days $ 1,200,000 31 to 60 days 700,000 61 to 120 days 200,000 Over 120 days 25,000 Casper Wiggins has owned and operated Wiggins Corporation for many years and has a very good sense of...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its...
Use information provided below to answer the questions that follow Lee Corporation is authorized by its article to issue 100000 shares of $5 preferred shares and an unlimited number of common shares. The company started the year with a balance   of Retained earning of $74,000. The table below shows the transactions that occurred during the year of the company’s operations: Year 2017 Jan 2 Issued 8000 common shares at $3 per share Feb 15 Paid the promoters $ 3500 in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT