It Is Said That More Males Register to Vote in a National

question 7

Short Answer

It is said that more males register to vote in a national election than females. A research organization selected a random sample of 300 registered voters and reported that 165 of the registered voters were male.
a. Formulate the hypotheses for this problem.
b. Compute the standard error of .
c. Compute the test statistic.
d. Using the p-value approach, can you conclude that more males registered to vote than females? Let α = .05.

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Definitions:

Operations

Activities involved in the day-to-day functions of a business that are necessary for it to run efficiently and effectively.

EOQ

Economic Order Quantity, the ideal order quantity a company should purchase to minimize its inventory costs, including holding and ordering costs.

Fixed Ordering Costs

The consistent costs associated with placing an order for goods or services, regardless of the order size.

Carrying Cost

Carrying cost represents the total cost of holding inventory, including storage costs, insurance, depreciation, and opportunity costs among others.