1. Here is data for a 2-group study looking at levels of openness between successful and unsuccessful entrepreneurs. It is believed that there are higher rates of success in those who are open to new...


1. Here is data for a 2-group study looking at levels of openness between<br>successful and unsuccessful entrepreneurs. It is believed that there are<br>higher rates of success in those who are open to new ideas and<br>suggestions. The data below measures levels of openness between the<br>two groups.<br>N<br>Successful 100 84 3<br>Unsuccessful 100 81 6<br>a. Create a confidence interval for each group's mean using alpha =<br>.01<br>i. State level of confidence.<br>ii. Calculate confidence interval.<br>iii. State your conclusion.<br>b. Use a t-test to analyze the difference between the 2 means.<br>i. State the null and alternative hypotheses<br>ii. Make a decision about the null.<br>iii. State your conclusion.<br>iv. Relate your conclusion to the research.<br>c. Calculate the 2 statistics that estimate the strength of effect.<br>i. r<br>a. Interpret each result.<br>ii. Cohen's d<br>a. Interpret each result.<br>

Extracted text: 1. Here is data for a 2-group study looking at levels of openness between successful and unsuccessful entrepreneurs. It is believed that there are higher rates of success in those who are open to new ideas and suggestions. The data below measures levels of openness between the two groups. N Successful 100 84 3 Unsuccessful 100 81 6 a. Create a confidence interval for each group's mean using alpha = .01 i. State level of confidence. ii. Calculate confidence interval. iii. State your conclusion. b. Use a t-test to analyze the difference between the 2 means. i. State the null and alternative hypotheses ii. Make a decision about the null. iii. State your conclusion. iv. Relate your conclusion to the research. c. Calculate the 2 statistics that estimate the strength of effect. i. r a. Interpret each result. ii. Cohen's d a. Interpret each result.

Jun 08, 2022
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