Two thousand numbers are selected randomly; 960 were even numbers
a. State the hypotheses to determine whether the proportion of odd numbers is significantly different from 50%.
b. Compute the test statistic.
c. At 90% confidence using the p-value approach, test the hypotheses.
a. H0: P = 0.5
Ha: P ? 0.5
b. Z = 1.79
c. p-value = .0734 < 0.10; reject H0
You might also like to view...
The ________ begins with sales representatives and dealers sending orders to the firms and is followed by the sales department preparing invoices, and finally generating shipping and billing documents
A) payroll system B) market research process C) human resources system D) expense cycle E) order-to-payment cycle
When Kraft blends different coffees for the British (who drink coffee with milk), the French (who drink it black), and Latin Americans (who want a chicory taste), it is engaged in ________
A) straight extensions B) product adaptation C) retailer versions D) backward invention E) forward invention
At the end of the year, Beta, Inc. has an unadjusted debit balance in the Manufacturing Overhead account of $4,000. The adjusting journal entry needed to adjust the balance to zero will include a ________
A) debit to Cost of Goods Sold $4,000 and credit to Manufacturing Overhead $4,000 B) debit to Manufacturing Overhead $4,000 and credit to Cost of Goods Sold $4,000 C) debit to Work-in-Process Inventory $4,000 and credit to Manufacturing Overhead $4,000 D) debit to Gross Profit $4,000 and credit to Cost of Goods Sold $4,000
Which of the following is true regarding how damages may be awarded in a patent infringement case?
a. Damages may be awarded based on (1) the patent holder's lost profits, (2) the infringer's profits, or (3) a reasonable royalty for the infringer's use of the invention. b. Damages may only be awarded based on the patent holder's lost profits. c. Damages may only be awarded based on the infringer's profits. d. Damages may only be awarded based on a reasonable royalty for the infringer's use of the invention.