Alison is saving for retirement. Her company matches what she puts into her 401K in a ratio of 2:3. If she puts in $400 each mon
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Answer:
The requirements are satisifed since we have the proportion estimated, the sample sizes provided, we assume random sampling for the selection of the data and the distribution for the difference of proportions can be considered as normal
Step-by-step explanation:
The requirements are satisifed since we have the proportion estimated, the sample sizes provided, we assume random sampling for the selection of the data and the distribution for the difference of proportions can be considered as normal
Data given and notation
sample of male selected
sample of demale selected
represent the proportion of men who dislike anchovies
represent the proportion of women who dislike anchovies
z would represent the statistic (variable of interest)
represent the value for the test (variable of interest)
Concepts and formulas to use
We need to conduct a hypothesis in order to check if the proportion for men is different from women , the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
We need to apply a z test to compare proportions, and the statistic is given by:
(1)
Where
z-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.
Calculate the statistic
Replacing in formula (1) the values obtained we got this: