and Lexington Park, Maryland, as the four U.S. cities with the highest percentage of millionaires (Kiplinger website). Consider a sample of data that show the following number of millionaires for samples of individuals from each of the f cities. Bridgeport, Washington, CT CA D.C. 46 36 38 454 264 362 a. What is the estimate of the percentage of millionaires in each of these cities (to 1 decimal)? Millionaire Yes No Bridgeport, CT San Jose, CA San Jose, Washington, D.C. City D Lexington Park, MD Lexington Park, MD 34 366 Percentage, % b. Using a = 0.05 level of significance, test for the equality of the population proportion of millionaires for these four c What is the p-value? Compute the value of the x² test statistic (to 3 decimals). Use Table 3 of Appendix B to find the p-value. The p-value is Select your answer- What is your conclusion? Select your answer that there is a difference among the population proportion of millionaires for these four cities.
and Lexington Park, Maryland, as the four U.S. cities with the highest percentage of millionaires (Kiplinger website). Consider a sample of data that show the following number of millionaires for samples of individuals from each of the f cities. Bridgeport, Washington, CT CA D.C. 46 36 38 454 264 362 a. What is the estimate of the percentage of millionaires in each of these cities (to 1 decimal)? Millionaire Yes No Bridgeport, CT San Jose, CA San Jose, Washington, D.C. City D Lexington Park, MD Lexington Park, MD 34 366 Percentage, % b. Using a = 0.05 level of significance, test for the equality of the population proportion of millionaires for these four c What is the p-value? Compute the value of the x² test statistic (to 3 decimals). Use Table 3 of Appendix B to find the p-value. The p-value is Select your answer- What is your conclusion? Select your answer that there is a difference among the population proportion of millionaires for these four cities.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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