In Testing the Hypotheses

question 46

Essay

In testing the hypotheses:
H0: p1 - p2 = 0.
HA : p1 - p2 > 0.
we find the following statistics:
n1 = 150, x1 = 72.
n2 = 175, x2 = 70.
a. What is the p-value of the test?
b. Briefly explain how to use the p-value to test the hypotheses, at a 1% level of significance.

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Definitions:

Nonprofit

An organization that operates for charitable, educational, or social welfare purposes and typically reinvests its surplus revenues to achieve its mission instead of distributing them as profit or dividends.

Negotiation and Compromise

The process of discussing potential agreements or solutions to a conflict where involved parties make concessions to reach a mutually acceptable outcome.

Nonprofit Organizations

Entities that operate primarily to serve public or social benefits, reinvesting excess revenues into their mission rather than distributing profits to shareholders or owners.

Managers

Individuals responsible for directing, controlling, and overseeing the operations and employees within an organization.