Author Question: The marketing manager for an automobile manufacturer is interested in determining the proportion of ... (Read 87 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who would have purchased a knee airbag if it had been available for an additional cost of 300. The manager believes from previous information that the proportion is 0.30. Suppose that a survey of 200 new compact-car owners is selected and 79 indicate that they would have purchased the knee airbag. If you were to conduct a test to determine whether there is evidence that the proportion is different from 0.30 and decided not to reject the null hypothesis, what conclusion could you reach?
 
  A) There is not sufficient evidence that the proportion is not 0.30.
  B) There is sufficient evidence that the proportion is not 0.30.
  C) There is not sufficient evidence that the proportion is 0.30.
  D) There is sufficient evidence that the proportion is 0.30.

Question 2

The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who would have purchased a side curtain air bag if it had been available for an additional cost of 300. The manager believes from previous information that the proportion is 0.30. Suppose that a survey of 200 new compact-car owners is selected and 79 indicate that they would have purchased the side curtain air bags. If you were to conduct a test to determine whether there is evidence that the proportion is different from 0.30, which test would you use?
 
  A) Z test of a population proportion B) t test of a population proportion
  C) Z test of a population mean D) t test of population mean



anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library