In Testing the Hypotheses

question 5

Essay

In testing the hypotheses:
H₀: p₁ - p₂ = 0.10
H_A: p₁ - p₂ > 0.10,
we found the following statistics:
n₁ = 350, x₁ = 178.
n₂ = 250, x₂ = 112.
a. What is the p-value of the test?
b. Use the p-value to test the hypotheses at the 10% level of significance.
c. Estimate with 90% confidence the difference between the two population proportions.

---

Definitions:

Goodwill

The value attributed to a company's brand name, customer relationships, employee relations, and other intangible assets during an acquisition, over and above the tangible assets' value.

Voting Common Stock

Equity securities that give shareholders the right to vote on corporate matters.

Fair Value

The compensation for parting with an asset or the financial burden of settling a liability in an orderly market operation as of the measurement checkpoint.