Statistically Significant and Binomial Distributions
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Last updated almost 5 years ago
11 questions
5
40% of college textbooks cost more than $150 when purchased new. In a sample of 500 new textbooks from Wilmington University, suppose there are 175 that cost more than $150. Would this result be considered statistically significant? Include all calculations to support your final answer.
40% of college textbooks cost more than $150 when purchased new. In a sample of 500 new textbooks from Wilmington University, suppose there are 175 that cost more than $150. Would this result be considered statistically significant? Include all calculations to support your final answer.
5
35% of all college graduates have difficulty finding a job in their field of study immediately after graduation. In a sample of 200 recent college graduates, suppose there are 78 graduates who have had difficulty finding a job in their field. Would this result be considered statistically significant? Include all calculations to support your final answer.
35% of all college graduates have difficulty finding a job in their field of study immediately after graduation. In a sample of 200 recent college graduates, suppose there are 78 graduates who have had difficulty finding a job in their field. Would this result be considered statistically significant? Include all calculations to support your final answer.
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