A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. A recent sample of 1,000 adults showed 410 indicating that their financial security was more than fair. Suppose that just a year before, a sample of 1,200 adults showed 420 indicating that their financial security was more than fair.

Required:
a. State the hypotheses that can be used to test for a significant difference between the population proportions for the two years.
b. Conduct the hypothesis test and compute the p-value. At a 0.05 level of significance, what is your conclusion?
c. What is the 95% confidence interval estimate of the difference between the two population proportions?
d. What is your conclusion?

Answers

Answer 1

Answer:

b) Then z(s) is in the rejection region for H₀. We reject H₀. The p-value is smaller than α/2

c)CI 95 %  =  ( 0.00002 ;  0.09998)

Step-by-step explanation: In both cases, the size of the samples are big enough to make use of the approximation of normality of the difference of the proportions.

Recent Sample

Sample size    n₁  =  1000

Number of events of people with financial fitness more than fair

x₁  =  410

p₁ =  410/ 1000  =  0.4     then q₁ = 1 - p₁    q₁ =  1 -  0.4    q₁  = 0.6

Sample a year ago

Sample size    n₂ =  1200

Number of events of people with financial fitness more than fair

x₂  =  420

p₂  =  420/1200     p₂ = 0.35   q₂  =  1 - p₂    q₂  = 1 - 0.35   q₂ = 0.65

Test Hypothesis

Null Hypothesis                                  H₀              p₁  =  p₂

Alternative Hypothesis                      Hₐ              p₁  ≠  p₂

CI  95 % then significance level  α  =  5%   α  = 0.05    α/2  = 0.025

To calculate p-value:

SE  =  √ (p₁*q₁)/n₁  +  (p₂*q₂)/n₂

SE  =  √ 0.4*0.6/1000 +  0.65*0.35/1200

SE  =  √ 0.00024 + 0.000189

SE = 0.021

z(s) =  ( p₁ - p₂ ) / SE

z(s) = ( 0.4 - 0.35 )/0.021

z(s) = 0.05/ 0.021

z(s) =  2.38

We find p-value from z-table to be   p-value = 0.00842

Comparing

p-value with  α/2   = 0.025

α/2 >  p-value  

Then z(s) is in the rejection region for H₀. We reject H₀

CI 95 %  =  ( p₁  -  p₂ )  ±  2.38*SE

CI 95 %  =  ( 0.05 ± 2.38*0.021 )

CI 95 %  =  ( 0.05 ± 0.04998)

CI 95 %  =  ( 0.00002 ;  0.09998)

CI 95 % does not contain the 0 value affirming what the hypothesis Test already demonstrate


Related Questions

Given the triangle below, what is the length of the third side, rounded to the nearest whole number?

Answers

Answer:

Step-by-step explanation:

You need the Law of Cosines for this, namely:

[tex]x^2=21^2+14^2-2(21)(14)cos58[/tex] where x is the missing side.

[tex]x^2=441+196-311.5925[/tex] and

[tex]x^2=325.4075[/tex] so

x = 18.0 or just 18

Please help! Thank you.

Answers

Answer:

B  at -1 minus we go to - ∞

at -1 plus  we to + ∞

Step-by-step explanation:

         x^2 -x

g(x) = ---------

         x+1

Factor out x

         x(x-1)

g(x) = ---------

         x+1

As x is to the left of -1

   x is negative (x-1) is negative

        x+1  will be slightly negative

g(-1 minus) = -*-/ -  = -  and we know that the denominator is very close to zero  we are close to infinity  so we go to - ∞

As x is to the right of -1

   x is negative (x-1) is negative

        x+1  will be slightly positive

g(-1 plus) = -*-/ +  = +  and we know that the denominator is very close to zero  we are close to infinity  so we go to  ∞

If $ 10000 is deposited at an "interest rate" of 4% per year, annually compounded, what amount will depositors get after 5 years?

Answers

Answer:

PTR upon hundreds .by putting these formulas you can solve ti and is 2000

I NEED HELP THANK YOU!!

Answers

Answer:

rt3/2

Step-by-step explanation:

first off cosine is the x coordinate

now if you do't want to use a calculator, you can use use the unit circle.

360 - 330 = 30 (360 degrees is a whole circle)

a 30 60 90 triangle is made, then use the law for 30 60 90 triangles:

if the shortest leg is x, the other leg is x*rt3 and the hypotenuse is 2x.

Answer:

D

Step-by-step explanation:

cos 330 = cos (360-330)

= cos 30

= √3 /2

Which of the following pairs of functions are inverses of each other?
A. f(x) = 5 + x and g(x) = 5 - x
B. f(x) = 2x -9 and g(x)=x+9/2
C. f(x) = 3-6 and g(x)=x+6/2
D. f(x)= x/3+4 and g(x) = 3x - 4​

Answers

The pair of functions that are inverses of each other is B. f(x) = 2x - 9 and g(x) = x + 9/2.

To determine if two functions are inverses of each other, we need to check if the composition of the functions results in the identity function, which is f(g(x)) = x and g(f(x)) = x.

Let's analyze the given options:

A. f(x) = 5 + x and g(x) = 5 - x

To check if they are inverses, we compute f(g(x)) = f(5 - x) = 5 + (5 - x) = 10 - x, which is not equal to x. Similarly, g(f(x)) = g(5 + x) = 5 - (5 + x) = -x, which is also not equal to x. Therefore, these functions are not inverses.

B. f(x) = 2x - 9 and g(x) = x + 9/2

By calculating f(g(x)) and g(f(x)), we find that f(g(x)) = x and g(f(x)) = x, which means these functions are inverses of each other.

C. f(x) = 3 - 6 and g(x) = x + 6/2

Similar to option A, we compute f(g(x)) and g(f(x)), and find that they are not equal to x. Hence, these functions are not inverses.

D. f(x) = x/3 + 4 and g(x) = 3x - 4

After evaluating f(g(x)) and g(f(x)), we see that f(g(x)) = x and g(f(x)) = x. Therefore, these functions are inverses of each other.

In summary, the pair of functions that are inverses of each other is B. f(x) = 2x - 9 and g(x) = x + 9/2.

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The carpet in the school library needs to be replaced. The dimensions of the library floor or shell each square foot of cart bit cost $1.25. What is the total cost of the new carpet for the library

Answers

To find the cost, we must:

First, find the area of the carper. It can be found dividing the carper into a rectangle and a right triangle.Then, with the area, in square foot, we have the cost per square foot, which makes it possible to find the total cost.

Doing this, we get that the cost is: $3,815, and the correct option is B.

Carpet:

The carpet can be divided into:

A rectangle of dimensions 56 ft and 38 ft.A right triangle of legs 71 - 38 = 33 ft and 56 ft.

----------------------------------------------

Area of the rectangle:

The area of a rectangle of dimensions l and w is given by:

[tex]A_r = lw[/tex]

In this question, the dimensions are l = 56 ft, w = 38 ft, so the area, in square feet, is:

[tex]A_r = 56*38 = 2128[/tex]

-------------------------------------------

Area of a right triangle:

The area of a right triangle of legs a and b is given by:

[tex]A_t = \frac{ab}{2}[/tex]

In this question, the legs are a = 56, b = 38, so the area, in square feet, is:

[tex]A_t = \frac{56(33)}{2} = 924[/tex]

----------------------------

Total area:

The total area is the sum of the area of the rectangle with the area of the right triangle, thus:

[tex]A = A_r + A_t = 2128 + 924 = 3052[/tex]

-------------------------

Cost:

Each square foot costs $1.25.

There are 3,052 square feet. So, the cost is:

[tex]C = 1.25*3052 = 3815[/tex]

Thus, the cost is $3,815, and the correct option is B.

A similar question is found at https://brainly.com/question/13209573

The manufacturer of cans of salmon that are supposed to have a net weight of 6 ounces tells you that the net weight is actually a normal random variable with a mean of 6.05 ounces and a standard deviation of .18 ounces. Suppose that you draw a random sample of 36 cans.
a. Find the probability that the mean weight of the sample is less than 5.97 ounces.
b. Suppose your random sample of 36 cans of salmon produced a mean weight that is less than 5.97 ounces. Comment on the statement made by the manufacturer.

Answers

Answer:

a) 0.0038 = 0.38% probability that the mean weight of the sample is less than 5.97 ounces.

b) Given a mean of 6.05 ounces, it is very unlikely that a sample mean of less than 5.97 ounces, which means that the true mean must be recalculated.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean of 6.05 ounces and a standard deviation of .18 ounces.

This means that [tex]\mu = 6.05, \sigma = 0.18[/tex]

Sample of 36:

This means that [tex]n = 36, s = \frac{0.18}{\sqrt{36}} = 0.03[/tex]

a. Find the probability that the mean weight of the sample is less than 5.97 ounces.

This is the p-value of z when X = 5.97. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{5.97 - 6.05}{0.03}[/tex]

[tex]Z = -2.67[/tex]

[tex]Z = -2.67[/tex] has a p-value of 0.0038.

0.0038 = 0.38% probability that the mean weight of the sample is less than 5.97 ounces.

b. Suppose your random sample of 36 cans of salmon produced a mean weight that is less than 5.97 ounces. Comment on the statement made by the manufacturer.

Given a mean of 6.05 ounces, it is very unlikely that a sample mean of less than 5.97 ounces, which means that the true mean must be recalculated.

Which equation can she use as statement 5? 60:x = 48:(48 + 36) 60 + x = 48 + 36 60 − x = 48 − 36 60:(60 + x) = 48:(48 + 36)

Answers

The answer is 48:(48 + 36)

Square root 1.000441

Answers

Answer: 1.00022048

Step-by-step explanation:

the answer is 1.0002204757

If P is (-5, 4) and Q is (7, -5), what is 2/3 of that?

Answers

Answer: 10

Step-by-step explanation:

Sqrt (7- -5)^2+(-5-4)^2 =

Sqrt (12)^2+(-9)^2 =

Sqrt 225 = 15

2/3 * 15 = 30/3 = 10

f=((-1,1),(1,-2),(3,-4)) g=((5,0),(-3,4),(1,1),(-4,1)) find (f/g)(1)

Answers

9514 1404 393

Answer:

  -2

Step-by-step explanation:

(f/g)(1) = f(1)/g(1) = -2/1 = -2

__

The value of f(1) is the second number in the ordered pair (1, -2) that is part of the definition of function f. Similarly, for g, we look for the ordered pair that has 1 as its first value. The second value is g(1).

I need help ASAP thank you guys

Answers

Answer:

The fraction is undefined when x=-2

Step-by-step explanation:

The fraction will be undefined when the denominator is zero

x+2 = 0

x+2-2 = 0-2

x = -2

The fraction is undefined when x=-2

Answer:

as to me 5

Step-by-step explanation:

ask someone else to say that I am not sure if you have any questions or need any further information please contact me at the end of the world

30 points!!!!!!!
There are 6 red marbles, 9 blue marbles, and 10 green marbles in a bag.

Several trials are performed with the results shown in the table. What is the experimental probability of randomly drawing a red marble?

Red Blue Green
16 30 34
32%
25%
20%
16%

Answers

Answer:

C. 20%

Step-by-step explanation:

Outcomes with red = 16Total trials = 16 + 30 + 34 = 80P(red) = 16/80 = 1/5 = 20%

Correct choice is C

Answer:

20%

Step-by-step explanation:

80 x 20% = 16 red marbles

What is the difference between squaring and cubing a value?

Answers

Answer:

squaring a number is multiplying it by itself twice and cubing a number is multiplying the number three times itself

Step-by-step explanation:

for example 2²=2×2

=4

and 2³=2×2×2

=8

The sum of four
consecutive odd number is 8o. Find the number​

Answers

Answer:

The sum of 4 consecutive odd number is 80

Let X be the first of these numbers

Then the next odd number is X+2

The third is X+4The fourth is X+6

All of these add up to 80

(X) + (X+2) + (X+4) + (X+6) = 80

Using the commutative and associative laws, let's transform this equation into

(X + X + X + X) + (2 + 4 + 6) = 804X + 12 = 80

Subtract 12 from both sides of the equation gives4X = 68

Divide both sides by 4 gives

X = 17

Going back to the original question:What are the 4 consecutive odd numbers: 17, 19, 21, 23Checking our answer:17 + 19 + 21 + 23 = 80 Correct!

josue bought 7 pounds of pretzels at a local wholesaler for $16.80. his friend ricardo bought 5 pounds of pretzels at the supermarket for $12.75. Ricardo thinks he got the better deal because $12.75 is less than $16.80. Is Ricardo's reasoning correct? Explain why or why not.

Answers

Answer:

Ricardo's reasoning is not correct

Step-by-step explanation:

Find who got the better deal by dividing the price by the number of pounds of pretzels:

16.80/7 = $2.40 a pound

12.75/5 = $2.55 a pound

So, Josue got the better deal because he only spent $2.40 a pound on the pretzels, while Ricardo spent $2.55 a pound.

Ricardo did not get the better deal, because he spent more per pound on the pretzels.

Ricardo's reasoning is not correct.

find the mid-point of the line segment joining the points (10, 13) and (-7, 7)? ​

Answers

Answer:

(3/2,10)

Step-by-step explanation:

Mid point is ((10-7)/2,(13+7)/2)=(1.5,10)

What are the zeros of the polynomial function f(x)=x3-7x2+8x+16

Answers

Answer: x=4, -1

Step-by-step explanation:

Assuming you meant [tex]x^3-7x^2+8x+16[/tex], the zeros of the question are x = 4 and -1.

Step 1. Replace f(x) with y.

[tex]y = x^3-7x^2+8x+16[/tex]

Step 2. To find the roots of the equation, replace y with 0 and solve.

[tex]0 = x^3-7x^2+8x+16[/tex]

Step 3. Factor the left side of the equation.

[tex](x-4)^2 (x+1)=0[/tex]

Step 4. Set x-4 equal to 0 and solve for x.

[tex]x-4=0[/tex]

Step 5. Set [tex]x+1[/tex] equal to 0 and solve for x.

[tex]x=-1[/tex]

The solution is the result of [tex]x-4=0[/tex] and [tex]x+1=0[/tex].

[tex]x=4,-1[/tex]

Find the missing side round your answer to the nearest tenth

Answers

Answer:

x=13.2

Step-by-step explanation:

cos(43)=x/18

x=18×cos(43)

x=13.2

Answered by GAUTHMATH

If a person invested half of her money at 9% and half at 7% and received $160 interest, find the total amount of money invested.

Answers

Answer:

$2000

Step-by-step explanation:

let x be the money she invested

lets assume this was for 1 year

0.09(x/2) + 0.07(x/2) = 160

multiply each side by 2 to cancel the denominators:

0.09x + 0.07x = 320

0.16x = 320

x = 2000

Answer: $2000

Let the amount of money she invested be x

Lets assume the time of investment as 1 year

ATQ

0.09(x/2) + 0.07(x/2) = 160

0.09x + 0.07x = 320

0.16x = 320

x = 2000

Must click thanks and mark brainliest

Solve the equation. - 2(2x-4)= 4x​

Answers

Answer:

-2(2x-4) = -4x+8 or 2(2x-4) ≠ 4x ; -4x+8 ≠ 4x

Step-by-step explanation:

Did you accidentally write =4x after your expression? If so, then let me explain why my answer is correct. I used distributive property of multiplication, so I multiplied -2 with 2x to get -4x, and -2 multiplied with -4 to get 8. So my final answer was -4x+8. If you did not accidentally put -4x, then my answer would be, 2(2x-4) ≠ 4x or -4x+8 ≠ 4x. Hope this helped.

-4x+8=4x
Get the 4x to the other side becomes 8=4x+4x
8x=8, x=1

A local school board member randomly sampled private and public high school teachers in his district to compare the proportions of National Board Certified (NBC) teachers in the faculty. The results were:

Answers

Answer:

0.025 ;

(-0.7198 ; 0.7698)

Step-by-step explanation:

From the table :

_____________ private schls ___ public schls

Sample size, n _____ 80 __________ 520

P, NBC teachers ___ 0.175 ________ 0.150

P1 = P of  private school teachers

P2 = P of public school teachers

Difference in proportion :

P1 - P12 = 0.175 - 0.150.= 0.025

The 90% confidence interval for 2 - sample proportion :

C.I = (p1-p2) ± [Zcritical * √(p1(1-p1)/n1 + (p2(1-p2)/n2)]

Zcritical at 90% = 1.645

C.I = 0.025 ± [1.645 * √((0.175*0.825)/80 + (0.150*0.850)/520)]

C.I = 0.025 ± [1.645 * √(0.0018046875 + 0.0002451)]

C.I = 0.025 ± 1.645 * 0.0452755

C.I = 0.025 ± 0.07448

C.I = (-0.7198 ; 0.7698)

find the solution to the system of equations.
y= -7x + 3

y= -x - 3

Answers

Answer:

x = 1       y = -4

Step-by-step explanation:

-7x + 3 = -x - 3

-7x = -x - 6

-6x = -6

x = 1

y = - (1) - 3

y = -1 - 3

y = -4

write your answer in simplest radical form​

Answers

Answer:

[tex]9\sqrt{3}[/tex]

Step-by-step explanation:

This is a 30-60-90 triangle.

It's good to remember this. The side length opposite to the 60 degree angle is always the base multiplied by [tex]\sqrt{3}[/tex]

Answer:

9√3.

Step-by-step explanation:

tan 60 = √3

So w/9 =√3

w = 9√3

7. Write the new function, h(x), given the mapping statement: f(X)->-4f(X)
f(X) =(x+3)^2+3

Answers

Answer:

hshdhdhdshejiwiwiwiwiwi

I need help guys thanks so much

Answers

Answer:

2

Step-by-step explanation:

8 ^ (5/3) ^ 1/5

We know a^b^c = a^(b*c)

8^ (5/3*1/5)

8^ 1/3

Rewriting 8 as 2^3

2^3 ^1/3

2 ^(3*1/3)

2^1

2

Answer:

2

Step-by-step explanation:

((2^3)^5/3)^1/5

= (2^5)^1/5

= 2

Answered by Gauthmath

A survey of 1,500 Canadians reveals that 945 believe that there is too much violence on television. In a survey of 1,500 Americans, 810 believe that there is too much television violence.

a. What would be the most appropriate test here to test the claim that Americans are less sensitive to violence on TV as Canadians?
b. My parameter of interest here would be: __________
c. The direction of test would be {Let Canadians be group 1 and Americans be group 2): __________

Answers

a. An appropriate test would probably be to test the reaction of Canadians and Americans when shown the same thing with the same amount of violence.

Not really sure about the others though… This isn’t really a math question ;)

The test statistic is given by t and t is calculated with the help of the test statistic formula. The value of t is 4.45.

What is test statistics?

The test statistic summarizes the observation data into a unique number using central tendency, the variation, sample, and size in your statistical model.

here, we have,

The given information will be shown below.

The first sample size n₁ = 36

The second sample size n₂ = 34

The mean of the first sample x₁ = 68.5

The mean of second sample x₂ = 70

Then the test statistic will be given as:

t = -4.45

The test statistic | t | = |–4.45| = 4.45

More about the test statistic link is given below.

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complete question:

g A test was conducted to determine if there is a difference between Canadian and American average heart rates. A group of 36 Canadians and 34 Americans were randomly selected and their heart rates measured in beats per minute (bpm). The mean heart rate for Canadians was 68.5 and 70 for Americans. The pooled standard deviation of 2.0 beats/minute was calculated. Estimate a plausible range of differences between the mean heart rate of Canadians and Americans. What statistical procedure should be used to answer this research question

Is the relationship shown by the data linear? If so, model the data with an equation.

Answers

Answer:

4th option

Step-by-step explanation:

The relationship is linear,

putting the value of x in the right side of the equation of option 4, you'll get the value of the left side

putting, x=1

y+4=-1/2(x-1)

y=-1/2(1-1)-4

y=-4

putting, x=7

y+4=-1/2(7-1)

y=-1/2(6)-4

y=-6/2-4

y=-3-4

y=-7

Find the domain and range of the function, f(x)=sin|x|

Answers

Answer:

[tex]Domain = (-\infty,\infty)[/tex]

[tex]Range = (0,1)\\[/tex]

Step-by-step explanation:

Given

[tex]f(x) = \sin|x|[/tex]

Solving (a): The domain

There is no restriction on the given function because it is not a root function and doesn't have a x denominated fraction

Hence, the domain is:

[tex](-\infty,\infty)[/tex]

Solving (b): The range

The minimum of a sine function is 0

The maximum of a sine function is 1

So, the range is:

[tex](0,1)[/tex]

A certain marathon has had a wheelchair division since 1977. An interested fan wondered who is​ faster: the​ men's marathon winner or the​ women's wheelchair marathon​ winner, on average. A paired​ t-test was performed on data from a random selection of 15 of the marathons to determine if there was evidence to indicate that the​ women's winning wheelchair time is faster than the​ men's winning running​ time, on average. What must be true about the population of differences in the​ women's wheelchair winning times and​ men's winning times at this marathon for conclusions from the paired​ t-test to be​ valid? Choose the correct answer below. A. The distribution of sample means of the differences will be approximately normal if there are at least 30 years of data in the sample​ and/or if the population of differences in winning times for all years is normal. B. Because there were at least 5 years of​ observations, the distribution of sample means of the differences will be approximately normal by the Central Limit Theorem. C. Because the sample size is large​ enough, the distribution of differences for all years will be normal. D. Because of the small sample size of differences in winning times between the​ women's wheelchair winner and the​ men's running​ winner, the distribution of sample means of the differences cannot be normal.

Answers

Answer:

A. The distribution of sample means of the differences will be approximately normal if there are at least 30 years of data in the sample​ and/or if the population of differences in winning times for all years is normal.

Step-by-step explanation:

In other to perform a valid paired test, one of the conditions required is that, data for both groups must be approximately normal. To attain normality, the population distribution for the groups must be normal or based on the central limit theorem, the sample size must be large enough, usually n > 30. Hence, once either of the two conditions are met, the paired sample will be valid.

Other Questions
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