The owner of a popular Internet-based auction site believes that more than half of the people who sell items on her site are women. To test this hypothesis, the owner sampled 1000 customers who sold items on her site and she found that 53% of the customers sampled were women. Some calculations are shown in the table below.
-(A) If you were to conduct a hypothesis test to determine if greater than 50% of customers who use this Internet-based site are women, would you conduct a one-tail or a two-tail hypothesis test? Explain your answer, and state the appropriate null and alternative hypotheses.
(B) How many customers out of the 1000 sampled must have been women in this case?
(C) Using a 5% significance level, can the owner of this site conclude that women make up more than 50% of her customers? Explain your answer.
(D) If you were to use a 1% significance level, would the conclusion from (C) change? Explain your answer.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q21: A Q-Q plot can be used to
Q32: A chi-square goodness-of-fit test can be used
Q34: Lilliefors test for normality compare two cumulative
Q71: What is the idea behind the chi-square
Q72: The manager of a consulting firm in
Q73: An investor wants to compare the risks
Q74: (A) Construct a 90% confidence interval for
Q76: Which pair of tests is used to
Q78: Q-Mart is interested in comparing customers who
Q79: A test for independence is applied to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents