It has been found that 50.3% of U.S. households own stocks and mutual funds. A random sample of 300 heads of households indicated that 171 owned some type of stock. At what level of significance in a two- tailed test would you conclude that this was a significant difference

Answers

Answer 1

Finding the p-value of the test using the z-distribution, as we are working with a proportion, it is found that this was a significant difference for levels of significance of 0.02 and lower.

What are the hypothesis test?

At the null hypothesis, we test if the proportion is of 50.3%, hence:

[tex]H_0: p = 0.503[/tex]

We have a two-tailed test, hence at the alternative hypothesis we test if the proportion is different, that is:

[tex]H_1: p \neq 0.503[/tex]

What is the test statistic?

The test statistic is given by:

[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]

In which:

[tex]\overline{p}[/tex] is the sample proportion.p is the proportion tested at the null hypothesis.n is the sample size.

In this problem, the parameters are:

[tex]n = 300, \overline{p} = \frac{171}{300} = 0.57, p = 0.503[/tex]

Hence:

[tex]z = \frac{\overline{p} - p}{\sqrt{\frac{p(1-p)}{n}}}[/tex]

[tex]z = \frac{0.57 - 0.503}{\sqrt{\frac{0.503(0.497)}{300}}}[/tex]

[tex]z = 2.32[/tex]

What is the p-value?

Considering a two-tailed test, using a z-distribution calculator, the p-value is of 0.0203. Hence this was a significant difference for levels of significance of 0.02 and lower.

More can be learned about the z-distribution at https://brainly.com/question/26454209


Related Questions

Solve for x.
5x = 25
=
x = [?]
=

Answers

It's 25 because 25 divided by 5 is 5.

Rectangular rug has a perimeter of 3320 inches the length is 25 inches more than twice the width find the length and width of the rug

Answers

Answer:

length= 1115 inches

width= 545 inches

Step-by-step explanation:

The perimeter of the rectangular rug is the sum of the lengths of all its sides.

Start by defining the variables that we are going to use throughout our working.

Let the length and the width of the rug be L and W inches respectively.

Perimeter= 2(L +W)

Given that the length is 25 inches more than twice the width,

L= 2W +25 -----(1)

3320= 2(2W +25 +W)

Divide both sides by 2:

1660= 2W +W +25

1660= 3W +25

3W= 1660 -25

3W= 1635

Divide both sides by 3:

W= 1635 ÷3

W= 545

Substitute W= 545 into (1):

L= 2(545) +25

L= 1115

Thus, the length and width of the rug is 1115 and 545 inches respectively.

Which pair shows equivalent expressions?
2x + 10 = -2(x-5)
-2(x+5) = 2x-10
-2x-10 = -2(x+5)
-2(x-5) = -2x-10

Answers

Answer:

The 3rd equation, -2x-10 = -2(x+5)

Step-by-step explanation:

Equivalent expressions means both sides of the equal sign equal the same thing

To find which ones are equivalent expressions, we must solve/simplify both sides of each equation to see if they're actually equal to each other

We will use PEMDAS for this

1. 2x + 10 = -2(x - 5)

Start with Parentheses, and distribute the -2 to what's inside said parentheses

2x + 10 = -2x + 10

Not equal

2. -2(x+5) = 2x-10

Once again, start with Parentheses, and distribute the -2 to what's inside said parentheses

-2x - 10 = 2x - 10

Not equal

3. -2x-10 = -2(x+5)

Once again, start with Parentheses, and distribute the -2 to what's inside said parentheses

-2x - 10 = -2x - 10

Equal

4. -2(x-5) = -2x-10

Once again, start with Parentheses, and distribute the -2 to what's inside said parentheses

-2x + 10 = -2x - 10

Not equal

Solve the following quadratic equations by any method. The solutions are:

f (x) = x 2 − 12x + 32
a.

(X - 4)(X - 8) this means that X = 4 and -8
b.

(X - 4)(X - 8) this means that X = -4 and -8
c.

(X - 4)(X - 8) this means that X = +4 and +8
d.

(X - 4)(X - 8) this means that X = -4 and +8

Answers

Answer:

Option C .

Step-by-step explanation:

We would like to solve the below quadratic equation ,

[tex]\longrightarrow f(x) = x^2-12x +32 [/tex]

Step 1 : Equate f(x) with 0 :-

[tex]\longrightarrow f(x) = 0\\[/tex]

[tex]\longrightarrow x^2-12x + 32=0[/tex]

Step 2 : Factorise the RHS :-

[tex]\longrightarrow x^2-8x - 4x +32=0\\[/tex]

[tex]\longrightarrow x(x-8)-4(x-8)=0\\[/tex]

[tex]\longrightarrow (x-8)(x-4)=0\\[/tex]

Step 3 : Equate each factor with 0 :-

[tex]\longrightarrow x - 8 = 0\\ \qquad x -4=0 [/tex]

[tex]\longrightarrow x = 8 \qquad x = 4 [/tex]

[tex]\longrightarrow \underline{\underline{\boldsymbol{ x = 8,4}}}[/tex]

Hence option C is correct .

a student sketched some art on an 8 inch x 10 inch piece if paper he wants to resize it to fit an 4 inch x 6 inch frame. What percent of the original sketch was still able to be included?

(someone asked this question but all the answers were wrong, so I am letting you know that the correct answer is 83.3%)

Answers

Answer:

83.3%

Step-by-step explanation:

Can someone help me with this please

Answers

Answer:

6.46 seconds

Step-by-step explanation:

[tex] - 16 {t}^{2} + 65t + 248 = 0[/tex]

[tex]t = 6.46[/tex]

In the diagram above, what is point F called relative to ABC?

Answers

Answer:

Circumcenter

Step-by-step explanation:

The center that is created by intersection of the three perpendicular bisectors of your triangle sides.

In Steven's grade, 1/3 of the students have a sister. Of the students who have a sister, 3/5 also have a brother. What fraction of the students in Steven's grade have both a sister and a brother?

Answers

Answer:

You are looking for 1/2 OF 2/3

In word problems such as this OF

means to multiply.

(1/2)(2/3) = 2/6 = 1/3

Step-by-step explanation:

Consider the equation − 7 x − 6 y = − 18

Answers

Answer: The answer is simply O

Step-by-step explanation: In this algebraic problems is very common to find an answer like that since you step to step process is basically canceling out the terms. We make disappear X and Y because that’s gonna count as a 1 unit value so don’t write x and y. It’s only 0

When spinning a penny, Claire believes the proportion of times the penny lands on heads is higher than 0.5. She spins a penny 50 times and it lands on heads 32 times. The P-value for the test of the hypotheses, H 0: p = 0.5, and H alpha: p greater-than 0.5, is 0.02, What is the correct interpretation of this value?

Answers

It depends on what the level of significance (alpha) is.

Since alpha is not stated, I'll assume that alpha = 0.05 by default.

Because the p-value is smaller than alpha, we reject the null hypothesis.

Therefore, we conclude that the alternative hypothesis is correct and the proportion of heads is greater than 0.5

which of the following is the equation of the one that passes through the point

Answers

Answer:

C

Step-by-step explanation:

the answer is C

( -6 , 1 )

y = -1/2x - 2

if x = -6

y = -1/2(-6) - 2

y = 3 - 2

y = 1

Write the system below in the matrix form by using matrix multiplication:
x − 2y + z = 7
2x − y + 4z = 17
3x − 2y + 2z = 14

Answers



x-2y+Z=7

2x-y+ 42 = 17

3×-2y+2z=14

help. will give brainliest. please hurry!!! <3

also, please explain how to get my answer. need to show work.

Answers

Answer = 504 m2
Proof is below

Help help help help

Answers

2/8 son iguales espero que te sirva

can someone please help me​

Answers

Answer:

(2, 4)

Step-by-step explanation:

All you have to do is hop up 10 units on the grid from point P. 10 units up from -6 is 4. Therefore, your answer is (2, 4).

I hope this helps! Have a lovely day!! :)

Answer:

i belive its c

Step-by-step explanation:

you are shifting up 5 squares so you arrive at (2,4)

Choose the multiplication problem that correctly shows partial products.
A) A
B) B
C) C

Answers

Answer:

B) B

Step-by-step explanation:

       In this case, the first partial product will be 2 * 5 which is 10. The only option that shows this is option B, so this is our answer.

       We can also check the answers as a whole,

2 * 5 = 10

80 * 5= 400

400 + 1 = 410

       Again, only option B gives us this. This is means that option B is our answer.

Answer:

B

Step-by-step explanation:

82

5

--

5 x 2 = 0 (carry 1)

5 x 8 + 1 = 1 (carry 4 to bottom)

Estimate by rounding each decimal to the nearest whole number. 5.85+23.24

Answers

Answer:

Step-by-step explanation:

What is the area of the figure below?
A. 16
B. 45
C. 51
D. None of these

Answers

Answer:

C. 51

Step-by-step explanation:

For Square:

Length x Height

7 x 6 = 42

For Triangle:

Base x Height x 1/2

(6x3)1/2 = 9

42 + 9 = 51

What angles are acute GFE mlk dbc dba

Answers

Answer:

d and a

Step-by-step explanation:

an acute is an angle less than 90 degrees. a 90 degree angle is a right angle (klm) the only 2 angles smaller than (klm) are (gfe) and (dba)

"When 85 is added to a number, the result is 45 more
than 6 times the number."

Answers

Answer:

136

Step-by-step explanation:

85+45+6

136

this is solution ...

PLEASE HELP PLEASE PLEASE HELP

Answers

Answer:

Light

Step-by-step explanation:

Light can travel approximately 186,000 miles per second so the answer we are looking for in here is light.

NEED HELP ASAP The salaries of Nathan and Trisha are in the ratio of 5:9. Trisha's salary is £16800 more than Nathan's. Find Nathan's salary.​

Answers

Answer:

From the ratio

The difference is 9 - 5 = 4

Hence Trisha has 4 units more than Nathan and this resulted to 16800

Therefore 1 unit will be

16800 / 4 = 4200


Nathan’s salary is 5 units

5 * 4200 = 21000

no spammers pls and also giving brainliest to correct answer

Answers

b. triangles b & c
you can tell from the angles being the same and the measurements of triangle c being 2/3s of triangle b's measurements.
Triangle B and C are similar
The sides are in the ratio 3:2
And the angles and same: 37 degree, 53 degree and 90 degree

heresa earned scores of 88 points, 84 points, 88 points, and 91 points on four tests. What is the lowest score she can get on the fifth test and still finish with an average score of 90 points?

96 points
97 points
98 points
99 points

Answers

Answer:

99 points

Step-by-step explanation:

total of scores of 4 tests = 88 + 84 + 88 + 91 = 351

5 tests with an average score of 90:

⇒ total of scores = 5 × 90 = 450

Lowest score of 5th test = 450 - 351 = 99 points

Answer:

99 points

points scored:

88 points , 84 points, 88 points , 91 points, let the fifth test points be "n"

given score with an average 90 points

[tex]\sf \rightarrow \dfrac{88 +84+88+91+n}{5} =90[/tex]

[tex]\sf \rightarrow 351+n =90 (5)[/tex]

[tex]\sf \rightarrow n =450-351[/tex]

[tex]\rightarrow \sf n = 99[/tex]

What is the radius r of a circle with the circumference C of length 48.6 m

Answers

Answer:

r = 24.3/π  m

r = 7.73 m

Step-by-step explanation:

C = 2πr

48.6 m = 2 × π × r

r = 48.6/(2π)  m

r = 24.3/π  m

r = 7.73 m

Two of the interior angles of a triangle are 84.0° and 30.0. Find the measure of the
third interior angle in degrees to one decimal place.

Answers

Answer:

66.0°

Step-by-step explanation:

The sum of the measures of the interior angles in a triangle is 180°.

Let "x" represent the measure of the third interior angle. We can use this to set up an equation:

84.0° + 30.0° + x = 180°

Add like terms:

114.0° + x = 180°

Subtract 114.0° from both sides:

x = 66°

The question asks for the answer to be in degrees to one decimal place, therefore:

x=66.0°

Find all the common factors of 9 and 15.
A) 1, 3
B) 1, 3, 9
C) 1, 3, 5, 9

Answers

Answer:

A common factor is a whole number which is a factor of two or more numbers.

[tex]factors \: of \: 9 = 1 \times 3 \times 3[/tex]

[tex]factors \: of \: 15 = 1 \times 3 \times 5[/tex]

since both of the numbers have only 1 and 3 in common.

therefore ,

Option A is correct.

______________________________________

______________________________________

Additional information

★ The highest common factor (HCF) is the greatest factor that will divide into two or more numbers.

★ The lowest common multiple (LCM) is the smallest multiple that is common to two or more numbers.

hope helpful :D

Need help with his geometry question. Find the value of x

Answers

Hey there!

Answer: [tex] \Rightarrow \boxed{\sf{x = 25}}[/tex]

[tex] \rightarrow \sf{ \frac{x}{20} = \frac{30}{24} }[/tex]

[tex] \rightarrow \: \boxed{ \sf{24x = 600}}[/tex]

[tex] \rightarrow \: \boxed{ \sf{ \frac{24x}{24} = \frac{600}{24}}} [/tex]

[tex] \rightarrow \boxed{ \bold{\sf{ x = 25}}}[/tex]

Hopes this helps

Ciara, an ornithologist, has 444 bird feeders at separate locations. She wonders if birds are equally likely to visit each of the feeders. She recorded data for a sample of 350350350 recent visits. Here are the results: Feeder \#1#1\#, 1 \#2#2\#, 2 \#3#3\#, 3 \#4#4\#, 4 Observed visits 808080 909090 929292 888888 Ciara wants to perform a \chi^2χ 2 \chi, squared goodness-of-fit test to determine if these results suggest that birds visit one specific feeder more often than the other feeders. What is the expected count of visits to the third feeder? You may round your answer to the nearest hundredth.

Answers

The expected count of visits is the mean or average visits to each feeder

The expected count of visits to the third feeder is 87.5

How to determine the expected count of visit?

The table of values is given as:

Feeder                 1   2    3   4

Observed visits 80 90 92 88

In this case, the null hypothesis implies that the visits to each feeder are uniformly distributed

So, the expected count is calculated using:

Expected count =Visits/Feeders

This gives

Expected count = 350/4

Evaluate the quotient

Expected count = 87.50

Hence, the expected count of visits to the third feeder is 87.5

Read more about chi square goodness of fit test at:

https://brainly.com/question/4543358

A rectangle is shown with the area of 14/32 square in. Label two sides of the rectangle with appropriate fractions that would come up with the area of 14/32 square inches when multiplied together.​

Answers

The dimensions of the rectangle that would have a value of 14/32 inches square are a length of 2/16 and a width of 31/2 inches.

What are the dimensions of the rectangle?

A rectangle is a 2-dimensional quadrilateral with four right angles that has a value of 360 degrees. It has two diagonals that bisect each other.

Area of a rectangle = length x width

2/16 x 7/2 = 14/32

To learn more about how to calculate the area of a rectangle, please check: https://brainly.com/question/16595449

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