Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. The estimated proportion of Hispanics that are Mexican Americans is 63% Based on a recent study of sample 850 Hispanic grocery shoppers from around the United States and 575 are Mexican American. Does this result provide enough evidence to conclude that the estimated proportion of Hispanic grocery shoppers now are Mexican Americans?

2. What proportion of Hispanics listen primarily to advertisements in Spanish? Suppose one source says that in the past the proportion has been about .83. We want to test to determine whether this figure is true. A random sample of 438 Hispanics is selected, and the Minitab results of testing this hypothesis are shown here. Discuss and explain this output and the implications of this study using a=.05 Test of p = .83 vs p not = .83 Sample=1 x=347 n=438 sample p=.792237 95%CI= (.751184, .829290) Exact P-Value=.042

3.What is the average age of a purchaser of Doritos Salsa Verde? Suppose initial tests indicate that the mean age is 31. Is this figure really correct? To test whether it is, a researcher randomly contacts 24 purchasers of Doritos Salsa Verde with results shown in the following Excel output. Discuss the output in terms of a hypothesis test to determine whether the mean age is actually 31. Let alpha=.01. Assume that ages of purchasers are normally distributed in the population.

Mean=28.81

Variance= 50.2651

Observations= 24

df= 23

t Stat= -1.52

P(T<=a one tail= .0716

t Critical one tail= 2.50

P(T(doesnt = ) two tail = .1431

t Critical two tail= 2.81

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9992008

Have any Question?


Related Questions in Statistics and Probability

In a sample of 28 cups of coffee at the local coffee shop

In a sample of 28 cups of coffee at the local coffee shop, the average temperature was 162.5 degrees with a standard deviation of 16.7 degrees. What would be the 95% confidence interval for the temperature of your cup of ...

Follow up -lock box systems or regional collection

Follow Up -Lock Box Systems or Regional Collection Centers One way a business can speed up collections is Lock Box Systems or Regional Collection Centers. Explain how these can be used to speed up collections.

A factory makes parts for laptop computers including screws

A factory makes parts for laptop computers, including screws. The screws are required to have the right length. The lengths of the screws obey a normal distribution with mean μ=4.25 millimeters and standard deviation σ=0 ...

Suppose that in a random sample of 100 men between the ages

Suppose that, in a random sample of 100 men between the ages of 60 and 79, you found that 20 had heart disease. According to the central limit theorem, the sample proportion arises from a sampling distribution that is no ...

Suppose you bought a five-year zero-coupon treasury bond

Suppose you bought a five-year zero-coupon Treasury bond with $ 1000 face value for $800. . Answer the following questions: (a) What is the yield to maturity on the bond? (b) Assume the yield to maturity on comparable bo ...

Question suppose you have applied to three graduate schools

Question: Suppose you have applied to three graduate schools: A, B, and C. The odds of getting into A are 20%, into B are 40%, and into C are 60%. What is the probability you get rejected at all three schools? Get accept ...

Some commercial aircraft fly with two engines assuming that

Some commercial aircraft fly with two engines. Assuming that the aircraft can land safely on a minimum of one engine, what is the probability of a catastrophe (non-safe landing due to engine failure) for the life of the ...

A data firm records a large amount of data

A data firm records a large amount of data. Historically, 1.0% of the pages of data recorded by the firm contain errors. If two hundred pages of data are randomly selected? a.  What is the probability that six or more pa ...

Parents who did not finish high school have sat math scores

Parents who did not finish high school have SAT math scores X with mean 451 and standard deviation 103. Scores Y of children of parents with graduate degrees have mean 567 and standard deviation 104. Perhaps we should st ...

How would i calculate this santa fe black-on-white is a

How would I calculate this: Santa Fe black-on-white is a type of pottery commonly found at archaeological excavations at a certain monument. At one excavation site a sample of 588 potsherds was found, of which 350 were i ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As