An article reports that blue eyed people earn less than brown eyed people, with these numbers: average blue-eyed salary $35,000, average brown-eyed salary $37,000, p-value 0.45. Based on that reported p-value, and using the common definition of "statistical significance,"
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An article reports that blue eyed people earn less than brown eyed people, with these numbers: average blue-eyed salary $35,000, average brown-eyed salary $37,000, p-value 0.45. Based on that reported p-value, and using the common definition of "statistical significance," which is the case
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- Identify the sources of data for the following cases by writing a tick (V) inside the table ( Name Experiment Case Studies Annual Report Internet Questionnaire Primary Source Secondary SourceA credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 700.1. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 45 high-income individuals and found the sample mean credit score to be 713.4 with a standard deviation of 84.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) e%3D Make a conclusion regarding the hypothesis. the null hypothesis. There…A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 704.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 36 high-income individuals and found the sample mean credit score to be 714.9 with a standard deviation of 81.7. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H V H1: H V (Type integers or decimals. Do not round.) Identify the t-statistic. to (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. V the null hypothesis.…
- Monthly salary computations from two different clothing companies yielded the following data: n=7, ?=9,130$, ?=386$; ?= ?, ?=8,840$, ?=212$. At the level of significance 0.05, can we conclude that the mean monthly salary from the two companie is not the same?A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 702.4. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 41 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 80.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a= 0.05 level of significance. State the null and alternative hypotheses. Ho H H₁ H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value= (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…An article reports that blue eyed people earn less than brown eyed people, with these numbers: average blue-eyed salary 35,000, average brown-eyed salary $37,000, p-value 0.45. Based on that reported p-value, and using the common definition of statistical significance, "which is the case? A. The results are nowhere near to being statistically significant. B. The results are almost but not quite statistically significant. C. The results are just barely statistically significant. D. The results are strongly statistically significant.
- A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 704.9. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 33 high-income individuals and found the sample mean credit score to be 717.9 with a standard deviation of 83.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the g = 0.05 level of significance. State the null and alternative hypotheses. Ho: µ 704.9 H1: µ > 704.9 (Type integers or decimals. Do not round.) Identify the t-statistic, to = (Round to two decimal places as needed.)The National Study of the Changing Work Force conducted a study of 2958 wage and salaried workers on issuesranging from relationships with their bosses to household chores. The data were gathered through hour-longtelephone interview with a nationally representive sample. In response to the questions “What does your job meanto you?” 1538 people responded that they “Receive personal satisfaction from success at work.” Let p be thepopulation proportion of people who receive personal satisfaction from success at work. (a) Find a 95% CI for the true value of p. (b) How large of sample is needed if we wish to be 99% confident that the sample proportion of p is within1% of the true population proportion.A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 43 high-income individuals and found the sample mean credit score to be 723.3 with a standard deviation of 84.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…
- A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 705.8. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 37 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 81.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Họ: H H1: H (Type integers or decimals. Do not round.)The Board of Visitors hypothesize that self-esteem is increased by the time spent in college. After completing their junior year, a random sample of students was selected and given the Self-Esteem Adult Survey (SEAS). After completing their senior year they were again tested. What can be conclude with an a of 0.01? junior senior 5.9 2.1 7.2 7.5 7.4 6.9 6.8 6.3 8.5 5.5 6.2 6.4 7.3 4.6 5.2 5.2 a) What is the appropriate test statistic? Related-Samples t-test b) Condition 1: junior Condition 2: senior c) Input the appropriate value(s) to make a decision about Ho. p-value = ; Decision: --Select--- d) Using the SPSS results, compute the corresponding effect size(s) and indicate magnitude(s). If not appropriate, input and/or select "na" below. ; Magnitude: ; Magnitude: ---Select--- d = --Select--- 2 = e) Make an interpretation based on the results. O Students showed significantly less self-esteem in their senior year as opposed to their junior year. O Students showed significantly more…A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 709.6. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 39 high-income individuals and found the sample mean credit score to be 724.1 with a standard deviation of 81.5. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the g = 0.05 level of significance. State the null and alternative hypotheses. Ho: H = 709.6 H1: µ > 709.6 (Type integers or decimals. Do not round.) Identify the t-statistic. tn = (Round to two decimal places as needed.)