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Data, Models and Decisions (2012 IMBA FDMS) Homework Assignment VI 2012-11-7 Solve the problems in the POSIDON, INC shimmy module on page 184 of the textbook. Remark You only need to answer the questions, or else than prepare a study write-up. The Excel file Homework6-1_POSIDON. xls containing the data for the case has been uploaded to the MBA portal. Finish the following exercise E1. A study by the bear on for Disease Control (CDC) found that 23. % of adults are smokers and that roughly 70% of those who do smoke indicate that they want to quit (Associate Press, July 26, 2002). CDC reported that, of people who ingest at whatever point in their lives, 50% have been adapted to kick the habit.Part of the study suggested that the supremacy rate for quitting rose by study level. Assume that a sample of 100 college graduates who smoked at some point in their lives showed that 64 had been able to successfully stop smoking. a) present the hypotheses that can be used to determine wh ether the population of college graduates has a success rate higher than the overall population when it comes to breaking the smoking habit. (b) presumptuousness the sample data, what is the proportion of college graduates who, having smoked at some point in their lives, were able to stop smoking? Construct a 95% self-confidence interval for the proportion. (c) What is the p-value? At ? = 0. 01, what is your hypothesis testing conclusion? E2.The demand of a certain kind of pen in Fudan student supermarket last stratum obeys a distribution with an middling 27 per day. This year the price of such pen decreases by ? 0. 5. A random sample containing 6 years purchase amount is recorded. The data is 29, 28, 31, 26, 27 and 30. The manager hopes to know if the average demand of such pen increases this year. Could you offer any suggestion? bring through down the necessary assumptions for your suggestion. (Hint Use hypothesis test. ) Remark Homework assignment VI is due on November 21 during the lecture. 1