Two Thousand Numbers Are Selected Randomly; 960 Are Even Numbers

question 42

Essay

Two thousand numbers are selected randomly; 960 are even numbers.
a.
State the hypotheses to determine whether the proportion of odd numbers is significantly different from 50%.
b.
Compute the test statistic.
c.
At the .10 level of significance using the p-value approach, test the hypotheses.

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Definitions:

Decentralized Decision

A management style where decision-making is distributed among various levels within the organization, encouraging more local autonomy.

High Power

Refers to individuals or groups that hold substantial control, authority, or influence within a structure or society.

Restructuring

The process of changing the organizational structure, strategies, or operations of a company to improve efficiency or adapt to new conditions.

Strategic Change

Change of a larger scale, such as organizational restructuring.