Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A digital camcorder repair service has set the goal not to exceed average of 5 working days from time the unit is brought in to the time repairs are completed. A random sample of 12 repair records showed following repair times (in days):

9, 2, 5, 1, 5, 4, 7, 5, 11, 3, 7, 2

(a) H0: μ≤ 5 days versus H1: μ> 5 days. Choose the right option.

Reject H0 if t < 1.796

Reject H0 if t >1.796

(b) Compute the t-value.

(c) The null hypothesis must be rejected.

True

False

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922548

Have any Question?


Related Questions in Statistics and Probability

Suppose that x1 middot middot middot xn are normal with

Suppose that X1, · · · .Xn are normal with mean µ1; Y1, · · · , Yn are normal with mean µ2, and W1, · · · , Wn are normal with mean µ1 + µ2. Assuming that all 3n random variables are independent with a common variance, f ...

Rework problem 3 from section 43 of your text involving the

Rework problem 3 from section 4.3 of your text, involving the expected value of a given probability density function. Use the density function shown below instead of the one in your text. Value of X: ; Probability: 1 1/2 ...

The managers of a car store observe that 70 of all the cars

The managers of a car store observe that 70% of all the cars they sell are bought by people who already own a car. They also observe that 50% of the customers who come to the store but do not buy a car, already own one. ...

You work in the quality control office for a company that

You work in the quality control office for a company that manufactures fluorescent light bulbs. Your company offers a 4-year (1461 day) warranty on these bulbs. The average life span of your bulbs is 1600 days with a sta ...

One of your customers has just made a purchase in the

One of your customers has just made a purchase in the amount of $19,200. You have agreed to payments of $335 per month and will charge a monthly interest rate of 1.11 percent. How many months will it take for the account ...

The service manager for anbspcar dealership reviewed sales

The service manager for a car dealership reviewed sales records of the past 25 sales of new cars to determine the number of warranty repairs he will be called on to perform in the next 90 days. Corporate reports indicate ...

1 this table summarizes the results from

1) This table summarizes the results from along+termrandomized clinicaltrial to  determine whether aspirin reduces the risk of heart attack. Researchers  randomly assigned a large sample of healthy male physicians (22,07 ...

How can i describe the relationship between diversifiable

How can I describe the relationship between diversifiable risk and total risk, along with the role of Beta?

Question 1 the us census bureau needs to estimate the

Question 1. The U.S. Census Bureau needs to estimate the median income of females in the U.S. They collect incomes from 3500 females. Choose the best answer. Justify for full credit. (a) Which of the followings is the va ...

A project has an initial outlay of 4623 it has a single

A project has an initial outlay of $4,623. It has a single payoff at the end of year 3 of $8,869. What is the net present value (NPV) of the project if the company's cost of capital is 12.43 percent?

  • 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