Mathematics, 28.03.2021 02:50 dfrtgyuhijfghj4794
Suppose a nicotine patch manufacturer claims their patch will help 90% of smokers quit their habit. A consumer is skeptical of this claim because it seems too high to be realistic so they take a random sample of 100 smokers and find that the patches helped 80 of them quit smoking. State the parameter of interest and the appropriate hypotheses for performing a significance test.
a) p=
H0:
Ha:
b) Explain why there is some evidence for the alternative hypothesis.
c) A significance test yields a p-value of 0.0912. Interpret the p-value in context.
d) A significance test yields a p-value of 0.0912. What conclusion can you make at the a= 0.05 significance level?
Answers: 1
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Abank manager wants to encourage new customers to open accounts with principals of at least $2 comma 500. he decides to make a poster advertising a simple interest rate of 3%. what must the principal be if the bank manager also wants to advertise that one can earn $10 the first month? can the poster correctly say, "open an account of $2 comma 500 and earn at least $10 interest in 1 month! "?
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Suppose a nicotine patch manufacturer claims their patch will help 90% of smokers quit their habit....
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