Thread: I have an exam and I have missed the class when prof. taught this....

In a survey of 400 likely voters, 215 responded that they would vote for the incumbent and 185 responded that they would vote for the Challenger. let P denote the fraction of all likely voters who preferred the incumbent at the time of the survey and let P^{^} be the fraction of survey respondents who preferred the incumbent.
a. Use the survey results to estimate p.
b. Use the estimator of the variance of P^, p^(1-P^)/n, to calculate the standard error of your estimator.
c. What is the p-value for the test H₀: p=0.5 vs H₁: p > 0.5?
d. What is the p-value for the test H₀: p=0.5 vs H₁: p not equal to 0.5?
e. Why do the result from c and d differ?
f. Explain if the survey contained statistically significant evidence that the incumbent was ahead of the challenger at the time of the survey?

Please help.
Thanks

Originally Posted by homalina

In a survey of 400 likely voters, 215 responded that they would vote for the incumbent and 185 responded that they would vote for the Challenger. let P denote the fraction of all likely voters who preferred the incumbent at the time of the survey and let P^{^} be the fraction of survey respondents who preferred the incumbent.
a. Use the survey results to estimate p.
b. Use the estimator of the variance of P^, p^(1-P^)/n, to calculate the standard error of your estimator.
c. What is the p-value for the test H₀: p=0.5 vs H₁: p > 0.5?
d. What is the p-value for the test H₀: p=0.5 vs H₁: p not equal to 0.5?
e. Why do the result from c and d differ?
f. Explain if the survey contained statistically significant evidence that the incumbent was ahead of the challenger at the time of the survey?

Please help.
Thanks

a)
b} use the given formula to finnd the variance of phat
for c and d, you have to compute the test statistics first..If you have missed the lecture, you should probably look at your notes/book before working on c and d