Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1 When a directional hypothesis is being tested and the rejection region is on the right of the mean, then the alternate hypothesis must be of the form:

A Less than
B Greater than
C Not equal
D Equal

2 As the significance level decreases the chances of rejecting increases.

A True
B False
C Cannot determine
D Stays the same

3 A directional alternate hypothesis results in a two tail test.

A True
B False
C Cannot determine
D Depends on the alpha

4 If samples of size 36 are selected in a one sample hypothesis test using t-scores, then what would be the degrees of freedom?

A 36
B 37
C 35
D 34
Degrees of freedom = n- 1 = 36 -1 = 35

5-13 In 1996 the mean monthly bill for cell phone users was $45.70 with a standard deviation of $22. In 1997 the mean monthly bill for cell phone use for a sample of 41 phone bills was $42.40. At the 5% significance level, is there sufficient evidence to conclude that the cell phone use decreased from 1996 to 1997? )( Assume the population is a Normal Population.)

5 What would be the Null Hypothesis?

A µ = 42.40
B µ < 45.70
C µ = 45.70
D µ > 42.40
E µ > 45.70

Since it says that that we to find evidence that cell phone use decreased from 1996 to 1997, there is one tailed test and the null hypothesis is that the mean is equal to 42.40

6 What is the Alternate Hypothesis?

A µ = 42.40
B µ < 45.70
C µ = 45.70
D µ > 42.40
E µ > 45.70

If Null hypothesis is as from above, the alternative is mean greater than 42.40

7 What is the given standard deviation?

A 5
B 42.40
C 45.70
D 22
E 3.44

8 What is the sample mean outcome?

A 5
B 42.40
C 45.70
D 22
E 3.44

From the above, the sample mean outcome is 45.70

9 What is the DSM Standard deviation?

A 5
B 42.40
C 8.95
D 22
E 3.44

DSM standard deviation = Standard deviation/ sqrt(n) = 22/sqrt(41) = 3.44

10 What are the degrees of freedom?

A 40
B 21
C 4
D 8
E There are no degrees of freedom needed for this example
Since n > 30, we will use Z-test and hence there are no degrees of freedom

11 What is the value of the critical cut off score?

A -1.65
B -2.33
C -1.68
D 1.68
E 1.65

Since it's a one-tailed test, we will have alpha = 5%

12 What is the values of the test statistic?

A -0.96
B -1.65
C -1.68
D 0.96
E None of the above

Using Z -test = (42.40 - 45.70)/3.44 = - 0.96

13 what is the final decision?

A Do Not Reject Ho
B Do Not Reject Ha
C Reject Ho
D Reject Ha
E Neither Reject or Do not Reject, since it is a tie.

At Z = -0.96, p-value = 0.1685. since p-value is greater than 5% level of significance, we reject the null hypothesis

14-22 An automobile manufacturer claims that their leading compact car averages 32 mpg or more in the city. A local police department purchased 16 of these cars. The cars were driven exclusively in the city and averaged 28.2 mpg with a standard deviation of 5 mpg. Is the manufacturer's claim too high? (Use a = 1%). (Assume the population is a Normal Population.)

14 What would be the Null Hypothesis?

A µ = 32
B µ < 32
C µ = 28.2
D µ > 28.2
E µ = 5

15 What is the Alternate Hypothesis?

A µ = 32
B µ < 32
C µ < 28.2
D µ > 28.2
E µ > 32

16 What is the given standard deviation?

A 2.5
B 5
C 16
D 14.1
E 8 E 8

17 What is the sample mean outcome?

A 35
B 16
C 5
D 28.2
E 32

18 What is the DSM Standard deviation?

A 2.5
B 16
C 5
D 8
E 1.25

DSM standard deviation = Standard deviation/ sqrt(n) = 5/sqrt(16) = 1.25

19 What is the degrees of freedom?

A 16
B 31
C 4
D 15
E There are no degrees of freedom needed for this example

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91599719
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Phillips owns 25 of mintor inc a private company in 2007

Phillips owns 25 % of Mintor, Inc. (a private company). In 2007, Mintor had sales of $22,00,000, had net income of $82,000 and Mintor paid $32,000 in dividends. If Phillips uses the Equity Income method, what did Phillip ...

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

European bonds pay coupons annually while us bonds pay

European bonds pay coupons annually, while U.S. bonds pay coupons semiannually. If the coupon rate on a European bond is 12% (annual coupons), what is the comparable coupon rate for a U.S. bond (semiannual coupons) assum ...

Elle mae industries has a cash balance of 59000 accounts

Elle Mae Industries has a cash balance of $59,000, accounts payable of $195,000; inventory of $235,000; accounts receivable of $295,000; notes payable of $219,000; and accrued wages and taxes of $49,000. How much net wor ...

Zero-coupon bonds with a par value of 1000000 have a

Zero-coupon bonds with a par value of $1,000,000 have a maturity of 10 years and a required rate of return of 9 percent. What is the current price?

In a fish tank there are 23 goldfish 4 angelfish and 9

In a fish tank, there are 23 goldfish, 4 angelfish, and 9 guppies. If a fish is selected at random, find the probability that it is an angelfish or a guppy.?

The sample distribution on individual iq scores raw scores

The sample distribution on individual IQ scores (raw scores) has a sample mean of 100 and a standard deviation of 16. What proportion of the sample mean will fall at or above a mean of 102.56? Round the answers to no mor ...

1 suppose that a company selects two people who work

1. Suppose that a company selects two people who work independently inspecting two-by-four timbers. Their job is to identify low-quality timbers. Suppose that the probability that an inspector does not identify a low-qua ...

Help me study by answering this question a stock is just

Help me study by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the stock's expected pric ...

Lt x be a normally distributed random variable with mu

Let X be a normally distributed random variable with μ = 100 and σ = 10. Find the probability that X is between 80 and 105. (Round your answer to the nearest whole number percent and include the percent symbol.)

  • 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