A medical researcher claims that the proportion of people taking a certain medication that develop serious side effects is 12%. To test this claim, a random sample of 900 people taking the medication is taken and it is determined that 93 people have experienced serious side effects. .
The following is the setup for this hypothesis test:
H0:p = 0.12
Ha:p ≠ 0.12
Find the p-value for this hypothesis test for a proportion and round your answer to 3 decimal places.
The following table can be utilized which provides areas under the Standard Normal Curve:
z | 0.00 | 0.01 | 0.02 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 | 0.08 | 0.09 |
-1.8 | 0.036 | 0.035 | 0.034 | 0.034 | 0.033 | 0.032 | 0.031 | 0.031 | 0.030 | 0.029 |
-1.7 | 0.045 | 0.044 | 0.043 | 0.042 | 0.041 | 0.040 | 0.039 | 0.038 | 0.038 | 0.037 |
-1.6 | 0.055 | 0.054 | 0.053 | 0.052 | 0.051 | 0.049 | 0.048 | 0.047 | 0.046 | 0.046 |
-1.5 | 0.067 | 0.066 | 0.064 | 0.063 | 0.062 | 0.061 | 0.059 | 0.058 | 0.057 | 0.056 |
-1.4 | 0.081 | 0.079 | 0.078 | 0.076 | 0.075 | 0.074 | 0.072 | 0.071 | 0.069 | 0.068 |
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A medical researcher claims that the proportion of people taking a certain medication that develop serious...
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PLEASE ANSWER 1-4b. AND EXPLAIN ANSWERS.
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EXHIBITS BELOW:
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information is in order last two screen shots are appendix.
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Casey Nelson is a divisional manager for Pigeon Company. His
annual pay raises are largely determined by his division’s return
on investment (ROI), which has been above 23% each of the last
three years. Casey is considering a capital budgeting project that
would require a $5,620,000 investment in equipment with a useful
life of five years and no salvage value. Pigeon Company’s discount
rate is 19%. The project would provide net operating income each
year for five years as follows:...