Question

In one survey, successful female entrepreneurs were asked to state their personal definition of success in terms of several categories from which they could select. Thirty-nine percent responded that happiness was their definition of success, 12% said that sales/profit was their definition, 18% responded that helping others was their definition, and 31% responded that achievements/challenge was their definition. Suppose you wanted to determine whether male entrepreneurs felt the same way and took a random sample of men, resulting in the following data. Let a =.05. Happiness Sales/profit Helping others Achievements/challenge 12 Calculate the value of the test statistics (round to 4 decimal places) 34 Calculate the p-value (round to 4 decimal places) 16 What is the conclusion to the test? The grey cells have drop down menus 17 We can the null hypothesis. Therefore we conclude there male entrepreneurs do not feel the same way as women

Answer 1

Solution:

In one survey, successful female entrepreneurs were asked to state their personal definition of success in terms of several categories from which they could select. Thirty-nine percent responded that happiness was their definition of success, 12 % said that sales/profit was their definition, 18 % responded that helping others was their definition, and 31 % responded that achievements/challenge was their definition. Suppose you wanted to determine whether male entrepreneurs felt the same way and took a random sample of 5 men, resulting in the following data. Let a .05. 42 Happiness Sales/profit 95 Helping others Achievements/challenge 27 63 8 (0-E) 9 10 Observed Expected E Туре Percentage 11 12 198.4830 Calculate the value of the test statistic: (round to 4 decimal places) 39% Наppiness 42 88.53 24.45545 13 Sales/Profit 12% 95 27.24 168.5542 14 Calculate the p-value: 0.0000 (round to 4 decimal places) 15 Helping others 27 18% 40.86 4.70141 16 What is the conclusion to the test?? The grev cells have drop down menus Achievements/challenges 31% 0.771876 63 70.37 17 We can reject the null hypothesis. Therefore we can conclude there male entrepreneurs do not feel the same way as women 18 (O-E) Σ E 19 =198.4830 20 Total 100% 227 227 21 .(0-Е)? =198.4830 E p-value 0.0000