{"id":1017,"date":"2020-03-28T15:04:04","date_gmt":"2020-03-28T15:04:04","guid":{"rendered":"https:\/\/papersspot.com\/blog\/?p=1017"},"modified":"2020-03-28T15:04:04","modified_gmt":"2020-03-28T15:04:04","slug":"individual-assignment-10-only-the-lonely","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2020\/03\/28\/individual-assignment-10-only-the-lonely\/","title":{"rendered":"Individual Assignment #10 – Only the Lonely"},"content":{"rendered":"
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Instructions<\/h2>\n
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Pat is the manager of a real estate group that is part of a larger real estate company. Here are the total number of home sales from 2019 for all the agents at the entire company.<\/p>\n

4, 6, 10, 4, 8, 10, 4, 3, 2, 4, 3, 6, 0, 4, 2, 8, 4, 6, 8, 2, 5, 3, 5, 4, 12, 4, 6, 9, 10, 8<\/p>\n

Pat wants to know if her own real estate group, which has 4 agents (the sample, in this case), has sold more homes than the rest of the company (the population). Your job is to tell me if these four agents (agents A, B, C, and D) differ in number of home sales from the population (the entire company). Remember that you need to calculate the population standard deviation first!<\/p>\n\n\n\n\n\n\n\n
Home Sold per Agent<\/caption>\n
Agent <\/strong><\/th>\nNumber of homes sold in 2019<\/strong><\/th>\n<\/tr>\n
A<\/td>\n5<\/td>\n<\/tr>\n
B<\/td>\n8<\/td>\n<\/tr>\n
C<\/td>\n7<\/td>\n<\/tr>\n
D<\/td>\n3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Your job is to determine if this sample (The average of agents A, B, C, and D) differ significantly from what you would expect given the population (the rest of the company).<\/p>\n<\/div>\n<\/div>\n

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Attempt History<\/h3>\n<\/div>\n\n\n\n\n\n
<\/td>\nAttempt<\/th>\nTime<\/th>\nScore<\/th>\n<\/tr>\n<\/thead>\n
LATEST<\/th>\n Attempt 1 <\/a><\/td>\n30 minutes<\/td>\n8 out of 10 *<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*<\/em> Some questions not yet graded<\/p>\n<\/div>\n<\/header>\n

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<\/i>Correct answers are hidden.<\/div>\n
Score for this attempt: 8<\/span> out of 10 *<\/div>\n
Submitted Mar 27 at 8:11am<\/div>\n
This attempt took 30 minutes.<\/div>\n
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Question 1<\/span><\/p>\n
0.5 \/ 0.5<\/span> pts<\/div>\n<\/div>\n
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State the null hypothesis<\/div>\n
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H0<\/sub>: The sample drawn from the population reflects the population, or M = \u00b5<\/div>\n<\/div>\n
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H0<\/sub>: The sample drawn from the population reflects the population, or M \u2260 \u00b5<\/div>\n<\/div>\n
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Question 2<\/span><\/p>\n
0.5 \/ 0.5<\/span> pts<\/div>\n<\/div>\n
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State the alternative hypothesis<\/div>\n
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H1<\/sub>: The sample drawn from the population reflects the population, or M = \u00b5<\/div>\n<\/div>\n
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H1<\/sub>: The sample drawn from the population does not reflect the population, or M \u2260 \u00b5<\/div>\n<\/div>\n
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Question 3<\/span><\/p>\n
0.5 \/ 0.5<\/span> pts<\/div>\n<\/div>\n
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Indicate the level of risk used in psychology<\/div>\n
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The level of risk is .05<\/div>\n
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The level of risk is .01<\/div>\n
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The level of risk is .5<\/div>\n
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The level of risk is .1<\/div>\n
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Question 4<\/span><\/p>\n
0.5 \/ 0.5<\/span> pts<\/div>\n<\/div>\n
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Determine the best statistical test to use<\/div>\n
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Z score test<\/div>\n
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Correlational test<\/div>\n
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Critical value test<\/div>\n
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ANOVA<\/div>\n
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One-sample Z test<\/div>\n
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T-test<\/div>\n
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Incorrect<\/span>Question 5<\/span><\/p>\n
0 \/ 1<\/span> pts<\/div>\n<\/div>\n
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First, you\u2019ll have to calculate the SEM. Use the formula in the book\/lecture to calculate the SEM. Put your value below. Remember that you will need to calculate the population standard deviation first (remember to use n rather than n-1 for the population standard deviation calculation). Round your response out to two decimal places. Just put the value as your answer.<\/div>\n
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Question 6<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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Now, Compute the test statistic (Use the formulas in the book \/ lecture to calculate the correct statistic). Which of the following is the correct value? Remember that you will need to calculate the population standard deviation first (remember to use n rather than n-1 for the population standard deviation calculation).<\/p>\n<\/div>\n

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z = .20<\/div>\n
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z =1.06<\/div>\n
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z = 0.171<\/div>\n
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z = 0.05<\/div>\n
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Question 7<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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The value needed to reject the null hypothesis (the critical value) is ___________.<\/div>\n
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3.25<\/div>\n
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0.05<\/div>\n
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1.96<\/div>\n
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2.10<\/div>\n
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Question 8<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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Does the obtained value exceed the critical value (that is, is the obtained value larger than the critical value)?<\/div>\n
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Yes<\/div>\n
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No<\/div>\n
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Question 9<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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Based on your answer to the previous question, the decision is to ____________<\/div>\n
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Reject the null hypothesis<\/div>\n
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Fail to reject the null hypothesis<\/div>\n
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Question 10<\/span><\/p>\n
Not yet graded \/ 1<\/span> pts<\/div>\n<\/div>\n
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Write up your results as you would see it in a results section of an empirical research paper:<\/div>\n
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Your Answer:<\/p>\n
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Mean number of household sold by Pat’s company is not more than population<\/p>\n<\/div>\n<\/div>\n

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Question 11<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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NOW, imagine we selected the following individuals (agents E, F, G, and H) from a different group from the same overall the real estate company (from the same population). Does this group significantly differ from the population (entire company)? What is the z value? Round your answer out to two decimal places.<\/p>\n\n\n\n\n\n\n\n
Homes Sold per Agent in 2018<\/caption>\n
Agent <\/strong><\/th>\nNumber of homes sold in 2018<\/strong><\/th>\n<\/tr>\n
E<\/td>\n9<\/td>\n<\/tr>\n
F<\/td>\n12<\/td>\n<\/tr>\n
G<\/td>\n10<\/td>\n<\/tr>\n
H<\/td>\n4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Question 12<\/span><\/p>\n
1 \/ 1<\/span> pts<\/div>\n<\/div>\n
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Does the new sample (above) significantly differ from the whole population?<\/div>\n
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No<\/div>\n
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Yes<\/div>\n
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No answer text provided.<\/div>\n
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No answer text provided.<\/div>\n
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WE’VE HAD A GOOD SUCCESS RATE ON THIS ASSIGNMENT. PLACE THIS ORDER OR A SIMILAR ORDER WITH PapersSpot AND GET AN AMAZING DISCOUNT<\/span><\/h5>\n

\"\"<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Instructions Pat is the manager of a real estate group that is part of a larger real estate company. Here are the total number of home sales from 2019 for all the agents at the entire company. 4, 6, 10, 4, 8, 10, 4, 3, 2, 4, 3, 6, 0, 4, 2, 8, 4, 6, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,4,2,1],"tags":[],"class_list":["post-1017","post","type-post","status-publish","format-standard","hentry","category-course-help","category-essay-writing","category-guide","category-research-paper-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=1017"}],"version-history":[{"count":1,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/1017\/revisions"}],"predecessor-version":[{"id":1018,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/1017\/revisions\/1018"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}