Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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2-Proportion Test
In a 2-proportion test, two separate proportions are measured at the same time, and their similarity is evaluated. It is also known as a 2-proportion z-test, and a comparison of two different proportions is done in this method.
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Textbook Question
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Chapter 18.1, Problem 4E

Net assets for the 50 largest stock mutual funds show a median of $15 billion. A sample of 10 of the 50 largest bond mutual funds follows.

Chapter 18.1, Problem 4E, 4. Net assets for the 50 largest stock mutual funds show a median of $15 billion. A sample of 10 of

Using the median, can it be concluded that bond mutual funds are smaller and have fewer net assets than stock mutual funds? Use α = .05.

  1. a. What are the hypotheses for this test?
  2. b. What is the p-value? What is your conclusion?
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Chapter 18 Solutions

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

Ch. 18.1 - 1. The following hypothesis test is to be...Ch. 18.1 - 2. Ten individuals participated in a taste test...Ch. 18.1 - 3. The median number of part-time employees at...Ch. 18.1 - 4. Net assets for the 50 largest stock mutual...Ch. 18.1 - Prob. 5ECh. 18.1 - Prob. 6ECh. 18.1 - Prob. 7ECh. 18.1 - Prob. 8ECh. 18.1 - Prob. 9ECh. 18.1 - Prob. 10E
Ch. 18.1 - Prob. 11ECh. 18.2 - 12. Two fuel additives are tested to determine...Ch. 18.2 - 13. A sample of 10 men was used in a study to test...Ch. 18.2 - Prob. 14ECh. 18.2 - Prob. 15ECh. 18.2 - Prob. 16ECh. 18.2 - Prob. 17ECh. 18.3 - Two fuel additives are being tested to determine...Ch. 18.3 - Samples of starting annual salaries for...Ch. 18.3 - The gap between the earnings of men and women with...Ch. 18.3 - Prob. 21ECh. 18.3 - Prob. 22ECh. 18.3 - Police records show the following numbers of daily...Ch. 18.3 - A certain brand of microwave oven was priced at 10...Ch. 18.3 - Prob. 25ECh. 18.4 - A sample of 15 consumers provided the following...Ch. 18.4 - Three admission test preparation programs are...Ch. 18.4 - Prob. 28ECh. 18.4 - Prob. 29ECh. 18.4 - A large corporation sends many of its first-level...Ch. 18.4 - Prob. 31ECh. 18.5 - Prob. 32ECh. 18.5 - 33. Consider the following two sets of rankings...Ch. 18.5 - Prob. 34ECh. 18.5 - Prob. 35ECh. 18.5 - 36. The rankings of a sample of professional...Ch. 18.5 - Prob. 37ECh. 18 - 38. A survey asked the following question: Do you...Ch. 18 - Prob. 39SECh. 18 - Prob. 40SECh. 18 - Prob. 41SECh. 18 - Prob. 42SECh. 18 - Prob. 43SECh. 18 - Prob. 44SECh. 18 - Prob. 45SECh. 18 - Prob. 46SECh. 18 - Prob. 47SE
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