StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

M & M Project - Speech or Presentation Example

Cite this document
Summary
Then select the appropriate alternative (not equal), and Calculate then enter. The output will have the test statistic (z), p-value (p), sample p values, weighted p (), then repeat of sample sizes."You used the wrong numbers. You should use…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
M & M Project
Read Text Preview

Extract of sample "M & M Project"

Objective: "You used the wrong numbers. You should use the following numbers: x1 = 990, n1 = 7356, x2 = 999, n2 = 7356."  Above is the Revision comments for the below orderYou can use StatCrunch or the TI to help with this test. Needed information for both tools include: x1 = number of red n1 = total number of candies x2 = number of brown n2 = total number of candies For the TI, you will want 2-PropZTest. Then select the appropriate alternative (not equal), and Calculate then enter. The output will have the test statistic (z), p-value (p), sample p values, weighted p (), then repeat of sample sizes.

"You used the wrong numbers. You should use the following numbers: x1 = 990, n1 = 7356, x2 = 999, n2 = 7356."  Above is the Revision comments for the below orderYou can use StatCrunch or the TI to help with this test. Needed information for both tools include: x1 = number of red n1 = total number of candies x2 = number of brown n2 = total number of candies For the TI, you will want 2-PropZTest. Then select the appropriate alternative (not equal), and Calculate then enter. The output will have the test statistic (z), p-value (p), sample p values, weighted p (), then repeat of sample sizes.

To compare the proportion of red and brown candies in the bag. Let x1 be the no. of red candies in the bag out of n1 candies and x2 be the no. of brown candies out of n2 candies. Here x1 is 990 and x2 is 999. For combined proportion, n=7356 candies. Now the combined proportion is p=(x1+x2)/(n1+n2)=(990+999)/7356=1809/7356=0.2704; q=1-p=1-0.2704=0.7296.Now since the samples are not independent we can use combined proportion in the computation of SE of the estimateNull Hypothesis H0: There is no significant difference between the proportion of red candies and proportion of brown candies. P1=P2.Alternative Hypothesis H1: There is a significant difference between the proportion of red candies and proportion of brown candies. P1#P2.Level of significance: 5% level or α=0.05.Test statistic:Z0=(p1-p2)-(P1-P2)/SE(p1-p2) which follows standard normal distribution under null hypothesis.

=(p1-p2)/sqrt(pq/n) since P1=P2 and p=(x1+x2)/n; q=1-p; n=n1+n2.p1=990/7356=0.1346; p2=999/7356=0.1358 p1-p2=0.1346-0.1358=-0.012;sqrt(pq/n)=sqrt(0.2704*0.7296/7356)=0.005179;therefore the test statistic Z0=-0.012/0.005179=-2.317; Conclusion: Since the test statistic is lesser than -1.96, we have sufficient evidence to REJECT null hypothesis H0. We accept the alternative hypothesis and conclude that there is significant difference between the proportion of red candies and brown candies.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“M & M Project Speech or Presentation Example | Topics and Well Written Essays - 500 words”, n.d.)
M & M Project Speech or Presentation Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/statistics/1577482-m-m-project
(M & M Project Speech or Presentation Example | Topics and Well Written Essays - 500 Words)
M & M Project Speech or Presentation Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/statistics/1577482-m-m-project.
“M & M Project Speech or Presentation Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/statistics/1577482-m-m-project.
  • Cited: 0 times

CHECK THESE SAMPLES OF M & M Project

Different Proportion of M&M Candies in Each Colour between Two Sample Proportions

hellip; The purpose of the project is to compare the different proportion of candies in each color between the two sample proportions and give an analysis report and construct a confidence interval for the proportion of each color of candies in the bag.... The paper “Different Proportion of M&M Candies in Each Colour between Two Sample Proportions» proves the null hypothesis is correct - there is no big difference between the proportion of red and brown candies - because the resulting value of the calculation is greater than the threshold value....
3 Pages (750 words) Research Paper

M&M Project Report

The objective of this report is to write in a layman's language, all the parts involved in the M&m project.... The objective of this report is to write in a layman's language, all the parts involved in the M&m project.... Introduction: M&m project Report The purpose of this report is to explain what was done in each part of the M&m project, as well as analyzing the results.... The five parts of the project included sampling method, the sample mean and proportion, testing of different M&M candies' claims, and using 95% confidence interval to do testing....
4 Pages (1000 words) Research Paper

Project management 2

" Large Garden area Basement Description of the project Memphis construction has been assigned the job of creating the project report for building a two storey house in Downtown, Memphis.... The project is named Lovely Palace and is indicated by the name LP throughout the process.... They work on several housing projects at a time and there are specific teams to take care of each process in the project.... The researcher is the team leader for the project LP....
15 Pages (3750 words) Essay

M&Ms Project Report

1.... The process of Sampling In Statistical analysis the most important part is to collect any data which is called Sampling.... The entire goal of sampling is to draw a set of data that will represent the true population or all the incidences of total occurences of a population and that too without bias i....
4 Pages (1000 words) Assignment

Unit 4 indiviual project

Thus, the project is worth $4,514,135.... ased on your answer for question 2, do you think the project should be Individual project No.... 4 Section Teacher August, 2006 Individual project No.... To be able to sustain its operations, there is a need for Superior Manufacturing to forecast its financial statements that will summarize the operating, financing, and investment activities of the company. ...
2 Pages (500 words) Essay

Roles and Responsibilities in Project Management

This… In the project's initiation phase, a project Manager has been assigned to define the responsibilities of the project steering committee and the ect team in line with their involvement in the different phases of the project management life cycle, as well as with their contributions to the different knowledge management areas of project management.... With available staff, personnel are chosen to perform key roles in the project as end-user, business analyst and team leader....
10 Pages (2500 words) Essay

The Statistical Data from M&M Investigation

The third part, I located confidence interval of 95% for the total candies in the M&m project report Introduction.... As a quality control manager at Masterfoods plant, I wrote this report containing all the five parts of M&m project.... The paper discusses methods, analysis and results of each part of the project (Larson & Farber 37).... n this section of the project report, I calculated the proportion of samples for each product color....
4 Pages (1000 words) Essay

Designing a New Business Model for Conway Inn

The… One of them is the project charter that identifies the need of the project, costs, time period and the required acceptance to commence the project.... The second one is the project management plan, which is likely to provide the stakeholders project Scope ment project project Number project Manager Prioritization Owner(s) ment of Work—project and project ProductThe project is aimed at designing a new business model for Conway Inn....
4 Pages (1000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us