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Author Question: A linear programming application used to measure the relative efficiency of operating units with the ... (Read 32 times)

jazziefee

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on: Jun 24, 2018
A linear programming application used to measure the relative efficiency of operating units with the same goals and objectives is
 a. game theory.
  b. asset allocation.
  c. data envelopment analysis.
  d. revenue management.

Question 2

A national poll reported that 58 of those with Internet access have made purchases online. To investigate whether this percentage applies to its own state, a legislator commissions a study. A random sample of 400 state residents who have Internet access is taken. Of those 400 respondents, 215 said that they have made purchases online. Does this sample provide sufficient evidence to conclude that the state differs from the nation with respect to making purchases online? Use the p-value to conduct the hypothesis test and use a .05 level of significance.


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Missbam101

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

H0: p = .58
Ha: p  .58 Reject H0; p-value = .0446 < .05 . There is sufficient evidence at  = .05 to conclude the state differs from the nation with respect to making purchases online.


jazziefee

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Reply 2 on: Jun 24, 2018
:D TYSM

bdobbins

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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