Logout Open In App
Open In App
Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

Chapter 8: Q. 9.89 (page 381)

Job Gains and Losses. In the article "Business Employment Dynamics: New Data on Gross Job Gains and Losses" (Monthly Labor Review, Vol. 127, Issue 4, pp. 29-42), J. Spletzer et al. examined gross job gains and losses as a percentage of the average of previous and current employment figures. A simple random sample of 20 quarters provided the net percentage gains (losses are negative gains) for jobs as presented on the WeissStats site. Use the technology of your choice to do the following.

a. Decide whether, on average, the net percentage gain for jobs exceeds 0.2. Assume a population standard deviation of 0.42. Apply the one-mean z-test with a significance level.

b. Obtain a normal probability plot, boxplot, histogram, and stem and leaf diagram of the data.
c. Remove the outliers (if any) from the data and then repeat part (a).
d. Comment on the advisability of using the -test here.

Short Answer

Expert verified

Ans:

Step by step solution

01

Step 1. Given information.

given,

02

Step 2. 

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Testing Hypotheses. In Exercises 13–24, assume that a simple random sample has been selected and test the given claim. Unless specified by your instructor, use either the P-value method or the critical value method for testing hypotheses. Identify the null and alternative hypotheses, test statistic, P-value (or range of P-values), or critical value(s), and state the final conclusion that addresses the original claim.

Garlic for Reducing Cholesterol In a test of the effectiveness of garlic for lowering cholesterol, 49 subjects were treated with raw garlic. Cholesterol levels were measured before and after the treatment. The changes (before minus after) in their levels of LDL cholesterol (in mg>dL) have a mean of 0.4 and a standard deviation of 21.0 (based on data from “Effect of Raw Garlic vs Commercial Garlic Supplements on Plasma Lipid Concentrations in Adults with Moderate Hypercholesterolemia,” by Gardner et al., Archives of Internal Medicine, Vol. 167, No. 4). Use a 0.05 significance level to test the claim that with garlic treatment, the mean change in LDL cholesterol is greater than 0. What do the results suggest about the effectiveness of the garlic treatment?

Testing Claims About Proportions. In Exercises 9–32, test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, or critical value(s), then state the conclusion about the null hypothesis, as well as the final conclusion that addresses the original claim. Use the P-value method unless your instructor specifies otherwise. Use the normal distribution as an approximation to the binomial distribution, as described in Part 1 of this section.

Births A random sample of 860 births in New York State included 426 boys. Use a 0.05 significance level to test the claim that 51.2% of newborn babies are boys. Do the results support the belief that 51.2% of newborn babies are boys?

Testing Claims About Proportions. In Exercises 9–32, test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, or critical value(s), then state the conclusion about the null hypothesis, as well as the final conclusion that addresses the original claim. Use the P-value method unless your instructor specifies otherwise. Use the normal distribution as an approximation to the binomial distribution, as described in Part 1 of this section.

Medical Malpractice In a study of 1228 randomly selected medical malpractice lawsuits, it was found that 856 of them were dropped or dismissed (based on data from the Physicians Insurers Association of America). Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. Should this be comforting to physicians?

Testing Claims About Proportions. In Exercises 9–32, test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, or critical value(s), then state the conclusion about the null hypothesis, as well as the final conclusion that addresses the original claim. Use the P-value method unless your instructor specifies otherwise. Use the normal distribution as an approximation to the binomial distribution, as described in Part 1 of this section.

Medication Usage In a survey of 3005 adults aged 57 through 85 years, it was found that 87.1% of them used at least one prescription medication (based on data from “Use of Prescription Over-the-Counter Medications and Dietary SupplementsAmong Older Adultsin the United States,” by Qato et al., Journal of the American Medical Association,Vol. 300,No. 24). Use a 0.01 significance level to test the claim that more than 3/4 of adults use at least one prescription medication. Does the rate of prescription use among adults appear to be high?

Testing Hypotheses. In Exercises 13–24, assume that a simple random sample has been selected and test the given claim. Unless specified by your instructor, use either the P-value method or the critical value method for testing hypotheses. Identify the null and alternative hypotheses, test statistic, P-value (or range of P-values), or critical value(s), and state the final conclusion that addresses the original claim.

Got a Minute? Students of the author estimated the length of one minute without reference to a watch or clock, and the times (seconds) are listed below. Use a 0.05 significance level to test the claim that these times are from a population with a mean equal to 60 seconds. Does it appear that students are reasonably good at estimating one minute?

69 81 39 65 42 21 60 63 66 48 64 70 96 91 65
See all solutions

Recommended explanations on Math Textbooks

Decision Maths

Read Explanation

Logic and Functions

Read Explanation

Pure Maths

Read Explanation

Probability and Statistics

Read Explanation

Geometry

Read Explanation

Discrete Mathematics

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free