This is the assignment from Managerial statistics class.

Some questions we might need to do

graphs by using Excel. There are also some simple mathematical problems. These are the
questions from the book “Basic business statistics”. mostly we could google for the answers.
Please don’t write it too fancy. you don't have to give perfect answers. make some grammar
mistakes and let it look like it is from a student's work. Please label all the question numbers for
your answers.
Please let me know asap if you have any questions. Thank you so much!

9.69 In hypothesis testing, the common level of significance isa = 0.05. Some might argue for a level of
significance greater than 0.05. Suppose that web designers tested the proportion of potential web page
visitors with a preference for a new web design over the existing web design. The null hypothesis was
that the population proportion of web page visitors preferring the new design was 0.50, and the alternative
hypothesis was that it was not equal to 0.50. The P-value for the test was 0.20.

A. State, in statistical terms, the null and alternative hypotheses for this example.
B. Explain the risks associated with Type I and Type II errors in this case.
C. What would be the consequences if you rejected the null hypothesis for a p-value of 0.20?
D. What might be an argument for raising the value of a?
E. What would you do in this situation?
F. What is your answer in (e) if the p-value equals 0.12? What if it equals 0.06?

IAB conducted a study of 821 U.S. adults to understand the behavioral shift of consumers’ TV viewing
experience. The study found that 460 of U.S. adults own streaming enabled TVs, including smart TVs and
video streaming devices.

Source: The Changing TV Experience: 2017, available at bit.ly/2sz4Mal.

The authors of the report imply that the survey proves that more than half of all U.S. adults own streaming
enabled TVs, including smart TVs and video streaming devices.

A. Use the five-step p-value approach to hypothesis testing and a 0.05 level of significance to
try to prove that more than half of all U.S. adults own streaming enabled TVs, including
smart TVs and video streaming devices.
B. Based on your result in (a), is the claim implied by the authors valid?
C. Suppose the study found that 428 of U.S. adults own streaming enabled TVs, including
smart TVs and video streaming devices. Repeat parts (a) and (b).
D. Compare the results of (b) and (c).
9.73 An auditor for a government agency was assigned the task of evaluating reimbursement for
office visits to physicians paid by Medicare. The audit was conducted on a sample of 75
reimburse- ments, with the following results:

- In 12 of the office visits, there was an incorrect amount of reimbursement.

- The amount of reimbursement was X = $93.70, S = $34.55.

A. At the 0.05 level of significance, is there evidence that the pop- ulation mean
reimbursement was less than $100?
B. At the 0.05 level of significance, is there evidence that the proportion of incorrect
reimbursements in the population was greater than 0.10?
C. Discuss the underlying assumptions of the test used in (a).
D. What is your answer to (a) if the sample mean equals $90?
E. What is your answer to (b) if 15 office visits had incorrect reimbursements?

10.63 Do social shoppers differ from other online consumers with respect to spending behavior?
A study of browser-based shopping sessions reported that social shoppers, consumers who click
away from social networks to retail sites or share an item on a social network, spent a mean of
$126.12 on a retail site in a 30-day period compared to other online shoppers who spent a mean of
$115.55.

Source: Data extracted from “Social shoppers spend 8% more than other online consumers,” bit.ly/1FyyXP5.

Suppose that the study consisted of 500 social shoppers and 500 other online shoppers and the
standard deviation of the order value was $40 for social shoppers and $10 for other online
shoppers. Assume a level of significance of 0.05.

A. Is there evidence of a difference in the variances of the order values between social
shoppers and other online shoppers?
B. Is there evidence of a difference in the mean order value between social shoppers and
other online shoppers?
C. Construct a 95% confidence interval estimate for the difference in mean order value
between social shoppers and other online shoppers.