Author Question: A recent survey conducted by the Country Financial Security Index asked adults 18 and older if they ... (Read 156 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
A recent survey conducted by the Country Financial Security Index asked adults 18 and older if they felt that next year will be financially better for them. Thirty percent of the respondents answered Yes.
 
  To verify these findings, a random sample of 250 adults was asked the same question. A total of 55 adults from this sample responded Yes. Which of the following statements is correct?A) The interval that contains 95 of the sample proportions is 0.205 and 0.395. Because the sample proportion is between these two values, we have support for the results of the Country Financial Security Index survey.
  B) The interval that contains 95 of the sample proportions is 0.205 and 0.395. Because the sample proportion is not between these two values, we do not have support for the results of the Country Financial Security Index survey.
  C) The interval that contains 95 of the sample proportions is 0.243 and 0.357. Because the sample proportion is between these two values, we have support for the results of the Country Financial Security Index survey.
  D) The interval that contains 95 of the sample proportions is 0.243 and 0.357. Because the sample proportion is not between these two values, we do not have support for the results of the Country Financial Security Index survey.

Question 2

A professor would like to test the hypothesis that the median number of minutes that a student needs to complete a statistics exam is equal to 50 minutes.
 
  The following random sample of exam times from 12 students was collected to test this hypothesis.
 
  54 62 67 43 55 59
  55 64 60 58 44 56
 
  The appropriate nonparametric procedure for this analysis is the _________________ test.
  A) Kruskal-Wallis
  B) Wilcoxon rank-sum
  C) sign
  D) Wilcoxon signed-rank


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library