Basic Business Statistics, Student Value Edition
Basic Business Statistics, Student Value Edition
14th Edition
ISBN: 9780134685113
Author: Mark L. Berenson, David M. Levine, David F. Stephan, Kathryn Szabat
Publisher: PEARSON
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Chapter 12, Problem 28PS

Using Table E.6, determine the lower-tail critical value for the Wilcoxon rank sum test statistic, T 1 , in each of the following one-tail tests:

a . α = 0.05 , n 1 = 6 , n 2 = 8 b . α = 0.025 , n 1 = 6 , n 2 = 8 c . α = 0 .01, n 1 = 6 , n 2 = 8 d . α = 0.005 , n 1 = 6 , n 2 = 8

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Recall the data for the three populations. p1 = 0.576      n1 = 250 p2 = 0.48   n2 = 300 p3 = 0.45   n3 = 200 Find the critical value for the pairwise difference between populations i = 1 and j = 3,  CV13,  rounding the result to four decimal places. CVij  =    ??2     pi(1 − pi) ni  +  pj(1 − pj) nj   CV13  =    ?20.05     p1(1 − p1) n1  +  p3(1 − p3) n3      =    5.991     0.576(1 − 0.576) 250  +  0.45(1 − 0.45)        =    Find the critical value for the pairwise difference between populations i = 2 and j = 3,  CV23,  rounding the result to four decimal places. CVij  =    ??2     pi(1 − pi) ni  +  pj(1 − pj) nj   CV23  =    ?20.05     p2(1 − p2) n2  +  p3(1 − p3) n3      =    5.991     0.48(1 − 0.48) 300  +  0.45(1 − 0.45)        =
A researcher obtains M = 45 with SS = 250 for a sample of n = 10 women and M = 49 with SS = 270 for a sample of n = 10 men. If the two samples are used to evaluate the mean difference between the two populations, what value will be obtained for the t statistic?
The salaries of a random sample of 12 teachers from state A and 12 teachers from state B are shown in the table. At alpha= 0.05, is there enough evidence to support the claim that there is a difference in the salaries earned by teachers in state A and state B? Calculate the test statistic. State A B OA. 1.41 OB. -2.17 OC, 0.66 OD. -0.84 Teacher's Salary (thousands of dollars) 41 44 44 33 48 38 41 24 28 35 25 44 17 27 38 26 22 16 49 29 24 35 50 40

Chapter 12 Solutions

Basic Business Statistics, Student Value Edition

Ch. 12 - Consider a contingency table, with two rows and...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - Use the following contingency table: a. Compute...Ch. 12 - How common are financial cost or contractual...Ch. 12 - Business sensor technology provides a way for...Ch. 12 - Prob. 16PSCh. 12 - Repeat (a) and (b) of Problem 12.16, assuming that...Ch. 12 - Prob. 18PSCh. 12 - The MSCI 2016 Survey of Women of Boards Survey...Ch. 12 - Prob. 20PSCh. 12 - Prob. 21PSCh. 12 - Prob. 22PSCh. 12 - A Gallup survey across generations of workers...Ch. 12 - How often do Facebook users post? A study by the...Ch. 12 - What makes sales leaders tick? Mercuri...Ch. 12 - PwC takes a closer look at what CEOs are looking...Ch. 12 - Using Table E.6, determine the lower-and...Ch. 12 - Using Table E.6, determine the lower-tail critical...Ch. 12 - Prob. 29PSCh. 12 - Prob. 30PSCh. 12 - Prob. 31PSCh. 12 - Prob. 32PSCh. 12 - From Problem 12.32 , at the 0.05 level of...Ch. 12 - In Problems 12.32 and 12.33, what is your...Ch. 12 - A vice president for marketing recruits 20 college...Ch. 12 - Prob. 36PSCh. 12 - Is there a difference in the satisfaction rating...Ch. 12 - The management of a hotel has the business...Ch. 12 - Prob. 39PSCh. 12 - Brand valuations are critical to CEOs, financial...Ch. 12 - A bank with a branch located in a commercial...Ch. 12 - Prob. 42PSCh. 12 - Prob. 43PSCh. 12 - Prob. 44PSCh. 12 - A pet food company has the business objective of...Ch. 12 - A hospital conducted a study of the waiting time...Ch. 12 - Prob. 47PSCh. 12 - An advertising agency has been hired by a...Ch. 12 - Prob. 49PSCh. 12 - The more costly and time consuming it is to export...Ch. 12 - Prob. 51PSCh. 12 - Prob. 52PSCh. 12 - Prob. 53PSCh. 12 - Prob. 54PSCh. 12 - Prob. 55PSCh. 12 - Prob. 56PSCh. 12 - Prob. 57PSCh. 12 - Prob. 58PSCh. 12 - Prob. 59PS
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