Business Statistics Assignment
Sheet1
| HYPOTHESIS TEST FOR A PROPORTION | |||||||||||||
| THE PROCEDURE IS BASICALLY THE SAME AS FOR THE MEAN. THE ONLY | |||||||||||||
| DIFFERENCE IS IN THE FORMULA FOR Z, SINCE WE ARE USING THE | |||||||||||||
| NORMAL APPROXIMATION TO THE BINOMIAL DISTRIBUTION | |||||||||||||
| and | |||||||||||||
| SINCE WE ARE TESTING AN HYPOTHESIS CONCERNING THE | |||||||||||||
| POPULATION PROPORTION, p, WE USE THAT VALUE TO | |||||||||||||
| CALCULATE SIGMA. | |||||||||||||
| [REMEMBER THE REQUIREMENT FOR USING THE NORMAL APPROXIMATION: | |||||||||||||
| np and nq must be greater than 5.] | |||||||||||||
| 1. | po | 0.500 | x | 16.6666666667 | |||||||||
| p1 | n | 25 | |||||||||||
| p | 0.5 | p-hat | 0.667 | ||||||||||
| q | 0.5 | ||||||||||||
| 2. | n | 25 | Z | 1.667 | -1.667 | ||||||||
| sigma | 0.1000 | p-value | 0.0478 | 0.096 | 2-tail | ||||||||
| 3. | a | 0.05 | |||||||||||
| Z alpha | 1.645 | ||||||||||||
| 4. | 0.04 | ||||||||||||
| 5. | COMPARE THE ACTUAL AND CRITICAL Z VALUES: | ||||||||||||
| SINCE THE ACTUAL Z VALUE OF 2.361 IS GREATER THAN | |||||||||||||
| THE CRITICAL VALUE OF 1.96, IT IS IN THE REJECTION REGION. | |||||||||||||
| 6. | THEREFORE, WE DO REJECT THE NULL HYPOTHESIS. | ||||||||||||
| AND WE CONCLUDE THAT THE PROPORTION IS NOT EQUAL | |||||||||||||
| TO 0.36. | |||||||||||||
| II. P-VALUE APPROACH | |||||||||||||
| 0.9908871347 | 0.0091128653 | ACCORDING TO THE NORMAL CURVE THE AREA ABOVE A Z-VALUE | |||||||||||
| OF 2.361 = .009 | |||||||||||||
| COMPARE THE P-VALUE WITH THE ALPHA VALUE, AND | |||||||||||||
| THE P-VALUE OF .009 IS LESS THAN THE ALPHA VALUE OF .025 | |||||||||||||
| OR, DOUBLING THE P-VALUE OF .009 = .018. COMPARE THIS TO ALPHA OF .05. | |||||||||||||
| THEREFORE, WE DO REJECT THE NULL HYPOTHESIS. | |||||||||||||
| AND WE CONCLUDE THAT THE PROPORTION IS NOT EQUAL | |||||||||||||
| TO 0.36. |
Sheet2
Sheet3
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