Shared Capital

7500 Shared Capital

12800
9650 Mean 15814
13000 Standard Error 1240.017588201
25000 Median 15500
15000 Mode 15000
15500 Standard Deviation 4802.567468106
17250 Sample Variance 23064654.28571
18600 Kurtosis -0.28480208681
21050 Skewness 0.12251363556
16750 Range 17500
17800 Minimum 7500
15000 Maximum 25000
22100 Sum 237210
10210 Count 15

Null Hypothesis (Ho): The average capital share is not equal to 16000
Alternative Hypothesis (Ha): The average capital share is equal to 16000

Sample size, n 15
level of siginificance, alpha 0.01
Sample mean 15814
SD 4802.56746810644

Test statistic t-test

two-tailed (not equal)

level of significance, alpha 0.01
sample size, n 15
tabulated t-value 2.977

computed test statistics for mean

n 15
known mean, mu 16000
Sample mean 15814
SD 4802.56746810644
computed test statistic -0.15
z-computed or t-computed

Decision rule: Reject Ho if tc < -2.977 or tc > 2.977, otherwise failed to reject Ho.

Decision: Null hypothesis is not rejected

conclusion: Since that Ho is not rejected the average capital share of the members is significantly different
s is significantly different 16000.
Hypothesis testing for single proportion

Null Hypothesis (Ho): The proportion of defective items is significantly at most 5%

Alternative Hypothesis (Ha): The proportion of defective items is significantly more than 5%.

Sample size, n 800

level of significance, alpha 0.05
p-bar 0.06
p_o 0.05
q_o 0.95

Test statistic Z-test

right-tailed (>)
level of significance, alpha 0.05

tabulated z-value 1.645

n 800
known proportion, p_o 0.05
q_o 0.95
sample proportion, p-bar 0.06
computed test statistic 1.2977714
z-computed or t-computed

Decision rule Reject Ho if Zc >1.645, otherwise failed to reject Ho.

Decision Null Hypothesis is not rejected

Conclusion Since the Ho is rejected the proportion of defective items is significantly at most 5%.
ficantly at most 5%.