Author Question: A recent survey conducted by the Country Financial Security Index asked adults 18 and older if they ... (Read 149 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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library