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In a Simple Random Sample of 120 Women and 150

question 31

Essay

In a simple random sample of 120 women and 150 men from a population of 150,000,25% of the women and 37% of the men are smokers.Suppose you are interested in comparing the proportion of smokers by sex,do we accept or reject the null hypothesis of assuming the smoking proportions of women and men are the same with alpha .05?


Definitions:

Retained Earnings

The portion of a company's profits that is not distributed as dividends to shareholders but is kept for reinvestment in the business or to pay debt.

Balance Sheet

Financial report presenting the total assets, liabilities, and equity of a company at a certain date, used to assess its financial stability and operational efficiency.

Assets

Assets are resources owned by a company that have economic value and can be used to meet debts, commit to investments, or generate income.

Liabilities

Future sacrifices of economic benefits that the entity is presently obliged to make to other entities as a result of past transactions or events.

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