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Independent random samples of n1 = 150 and n2 = 150 sales phone calls for an insurance policy were randomly selected from binomial populations 1 and 2, respectively. Sample 1 had 80 successful sales, and sample 2 had 88 successful sales. Suppose you have no preconceived theory concerning which parameter, p1 or p2, is the larger and you wish to detect only a difference between the two parameters if one exists.
Calculate the standard error of the difference in the two sample proportions, Independent random samples of n<sub>1</sub> = 150 and n<sub>2</sub> = 150 sales phone calls for an insurance policy were randomly selected from binomial populations 1 and 2, respectively. Sample 1 had 80 successful sales, and sample 2 had 88 successful sales. Suppose you have no preconceived theory concerning which parameter, p<sub>1</sub> or p<sub>2</sub>, is the larger and you wish to detect only a difference between the two parameters if one exists. Calculate the standard error of the difference in the two sample proportions,   . Make sure to use the pooled estimate for the common value of p. ______________ Calculate the test statistic that you would use for the test above. Based on your knowledge of the standard normal distribution, is this a likely or unlikely observation, assuming that H<sub>0</sub> is true and the two population proportions are the same? Test statistic = ______________ Find the p-value for the test. Test for a significant difference in the population means at the 1% significance level. p-value = ______________ Find the rejection region when   = 0.01. Do the data provide sufficient evidence to indicate a difference in the population proportions? Critical Value(s) = ______________ Conclusion: ______________ Interpretation: __________________________________________ . Make sure to use the pooled estimate for the common value of p.
______________
Calculate the test statistic that you would use for the test above. Based on your knowledge of the standard normal distribution, is this a likely or unlikely observation, assuming that H0 is true and the two population proportions are the same?
Test statistic = ______________
Find the p-value for the test. Test for a significant difference in the population means at the 1% significance level.
p-value = ______________
Find the rejection region when Independent random samples of n<sub>1</sub> = 150 and n<sub>2</sub> = 150 sales phone calls for an insurance policy were randomly selected from binomial populations 1 and 2, respectively. Sample 1 had 80 successful sales, and sample 2 had 88 successful sales. Suppose you have no preconceived theory concerning which parameter, p<sub>1</sub> or p<sub>2</sub>, is the larger and you wish to detect only a difference between the two parameters if one exists. Calculate the standard error of the difference in the two sample proportions,   . Make sure to use the pooled estimate for the common value of p. ______________ Calculate the test statistic that you would use for the test above. Based on your knowledge of the standard normal distribution, is this a likely or unlikely observation, assuming that H<sub>0</sub> is true and the two population proportions are the same? Test statistic = ______________ Find the p-value for the test. Test for a significant difference in the population means at the 1% significance level. p-value = ______________ Find the rejection region when   = 0.01. Do the data provide sufficient evidence to indicate a difference in the population proportions? Critical Value(s) = ______________ Conclusion: ______________ Interpretation: __________________________________________ = 0.01. Do the data provide sufficient evidence to indicate a difference in the population proportions?
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________

On Jun 11, 2024


0.0573; -0.94; 0.3472; 2.575, -2.575; Do not reject H0; There is NO evidence of a difference in the two population proportions
CF

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Determine the present value (accurate to the cent) of the ordinary general annuity:
Determine the present value (accurate to the cent) of the ordinary general annuity:

On Jun 11, 2024


$38,367.94
CF

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Match the graph with the graph of its inverse function. Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)

A) Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)
B) Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)
C) Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)
D) Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)
E) Match the graph with the graph of its inverse function.   A)    B)    C)    D)    E)

On May 16, 2024


B
CF

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Form the augmented matrix for the system of linear equations below. {6x+y+z=24x+4y+4z=98x+y+4z=−7\left\{ \begin{array} { r } 6 x + y + z = 2 \\4 x + 4 y + 4 z = 9 \\8 x + y + 4 z = - 7\end{array} \right.6x+y+z=24x+4y+4z=98x+y+4z=7

A) [29−7]\left[ \begin{array} { c } 2 \\9 \\- 7\end{array} \right]297
B) [648141144]\left[ \begin{array} { l l l } 6 & 4 & 8 \\1 & 4 & 1 \\1 & 4 & 4\end{array} \right]611444814
C) [61124449814−7]\left[ \begin{array} { c c c c } 6 & 1 & 1 & 2 \\4 & 4 & 4 & 9 \\8 & 1 & 4 & - 7\end{array} \right]648141144297
D) [611444814]\left[ \begin{array} { l l l } 6 & 1 & 1 \\4 & 4 & 4 \\8 & 1 & 4\end{array} \right]648141144
E) [64814114429−7]\left[ \begin{array} { c c c } 6 & 4 & 8 \\1 & 4 & 1 \\1 & 4 & 4 \\2 & 9 & - 7\end{array} \right]611244498147

On May 12, 2024


C
CF

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If the CPI increases from 120.0 to 125.0 over a period, what is the percent increase in the CPI?

On May 08, 2024


4.17%