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Instruction 19-1
The director of transportation of a large company is interested in the usage of her van pool. She considers her routes to be divided into local and non-local. She is particularly interested in learning if there is a difference in the proportion of males and females who use the local routes. She takes a sample of a day's riders and finds the following:
She will use this information to perform a chi-square hypothesis test using a level of significance of 0.05.
-Referring to Instruction 19-1,the director now wants to know if the proportion of users who are male and the proportion of users who use the local routes are the same.What is the p-value of the test statistic using a 5% level of significance?
Quirky Decisions
Unconventional or unexpected choices made by individuals or organizations that do not always align with mainstream expectations.
Behavioral Economics
A branch of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions.
Nudging
Nudging involves subtly guiding choices or behaviors without restricting options, often used in policy and marketing to influence decision-making.
Dictator Game
An experimental game in economics where one player, the "dictator," determines how to split a sum of money with another player.
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