Examlex

Solved

Test Hypotheses About a Population Mean with Known Using P-Values α=0.05\alpha = 0.05

question 77

Short Answer

Test Hypotheses about a Population Mean with Known Using P-values
-A local company claims that the number of days missed by its employees due to illness is below the national average of 5 . A random sample of 40 employees provided the data below. At α=0.05\alpha = 0.05 , test the company's claim using P\mathrm { P } -values.
0363354135731233241625283125411121575493\begin{array} { c c c c c c c c c c } 0 & 3 & 6 & 3 & 3 & 5 & 4 & 1 & 3 & 5 \\ 7 & 3 & 1 & 2 & 3 & 3 & 2 & 4 & 1 & 6 \\ 2 & 5 & 2 & 8 & 3 & 1 & 2 & 5 & 4 & 1 \\ 1 & 1 & 2 & 1 & 5 & 7 & 5 & 4 & 9 & 3 \end{array}

Knowledge of historical unethical research practices and their impact on current guidelines.
Recognize the roles and responsibilities of an Institutional Review Board (IRB).
Understand the ethical implications and requirements of deception in research.
Comprehend the concepts of short-run and long-run decision making in businesses.

Definitions:

Capital Account

A national account that shows the net change in asset ownership for a country.

Revenue Account

An account that tracks the income earned from a company's primary operations.

Liability Account

An accounting record that captures the amount a company owes to others, such as loans, accounts payable, or mortgages.

Owner's Drawings Account

An equity account that tracks the amounts withdrawn by the owner(s) of a business from the company for personal use.

Related Questions