Question

I believe the proportions of individuals who own an Nintendo Switch is greater than those that...

I believe the proportions of individuals who own an Nintendo Switch is greater than those that own an Xbox One. A poll showed that out of 6,000 people, 3,560 out of 6,000 individuals owned a Nintendo Switch and 2,440 out of 6,000 individuals owned an Xbox One.

Test this data at a 90% confidence interval.

Make sure that you use appropriate terminology and specify whether you are using the classical method or the p-value method.

Homework Answers

Answer #1

p1cap = X1/N1 = 3560/6000 = 0.5933
p1cap = X2/N2 = 2440/6000 = 0.4067
pcap = (X1 + X2)/(N1 + N2) = (3560+2440)/(6000+6000) = 0.5

Below are the null and alternative Hypothesis,
Null Hypothesis, H0: p1 = p2
Alternate Hypothesis, Ha: p1 > p2

Rejection Region
This is right tailed test, for α = 0.1
Critical value of z is 1.28.
Hence reject H0 if z > 1.28


Test statistic
z = (p1cap - p2cap)/sqrt(pcap * (1-pcap) * (1/N1 + 1/N2))
z = (0.5933-0.4067)/sqrt(0.5*(1-0.5)*(1/6000 + 1/6000))
z = 20.441

P-value Approach
P-value = 0
As P-value < 0.1, reject the null hypothesis.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
I believe that 67% of US households own a pet. A survey of 50 employees out...
I believe that 67% of US households own a pet. A survey of 50 employees out of 120 employees of PRO Systems showed that 49 owned a pet. Test this hypothesis at the .15 significance level. Assume a random sample. Include the null and alternative hypothesis, alpha value, p-value, and a conclusion. Make sure that you use appropriate terminology, specify whether you are using the classical method or the p-value method, and fully explain your solution.
1-How important do you believe it is to be task-oriented and relationship-orientated? How would you describe...
1-How important do you believe it is to be task-oriented and relationship-orientated? How would you describe Musk? 2-Why do you think Musk is successful in overcoming obstacles and handling conflict? How do you overcome obstacles in influencing individuals in your life? 3-Besides the personality traits given in chapter 2, what other traits attribute to a great leader? Recognizing Your Traits The definition of intelligence is the ability to acquire and apply knowledge and skills. Elon Musk knew little about rockets...
PLEASE ANSWER ASAP. PLEASE! QUESTION 20 Sean has two supervisors who both provide appraisals on Sean's...
PLEASE ANSWER ASAP. PLEASE! QUESTION 20 Sean has two supervisors who both provide appraisals on Sean's performance. On a scale of 1-5, both supervisors gave Sean a 4.2. It is likely that Sean's performance appraisal is __________. valid specific feasible reliable QUESTION 21 When a performance appraisal process is valid, what does that mean? It is feasible to use It is acceptable to all parties It is a factual measure; it measures the process that you want to measure It...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT