Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Formulating null and alternative hypothesis to test the claim.

A Wendy's franchise has been averaging about $5000 worth of business on a typical Saturday with a standard deviation of σ = $500.  The manager is concerned that sales are slipping, after taking into account the average value of sales for four consecutive Saturdays being $4800. 

Formulate an appropriate hypothesis test to examine at the 10 percent level of significance whether the manager's worries are justified.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920980

Have any Question? 


Related Questions in Statistics and Probability

Please no plagiarism1 compare and contrast the northern and

Please no plagiarism. 1. Compare and contrast the Northern and Southern economies and societies in the antebellum period. How did industrialization develop in the North, and plantation slavery in the South? How did the e ...

1 what is the relationship between confounding and internal

1. What is the relationship between confounding and internal validity? 2. What are experimenter expectancy effects, and how do researchers minimize them? 3. Should demand characteristics be eliminated or strengthened in ...

1 what are the advantages and disadvantages of using

1. What are the advantages and disadvantages of using narrative records in observational research? 2. Distinguish between a structured and unstructured observation method. 3. Distinguish between checklists and observatio ...

1 what aspects of data analysis can be performed by

1. What aspects of data analysis can be performed by computers, and what are the advantages of using them to do so? 2. Review the procedures used to verify that collected data are coded and entered correctly before they ...

A special industrial battery must have a life of at least

A special industrial battery must have a life of at least 500 hours. A hypothesis test is to be conducted with a 0.04 level of significance. If the batteries from a particular production run have an actual mean use life ...

Assignment quantitative methodsquestion 1 a large shipping

ASSIGNMENT: QUANTITATIVE METHODS QUESTION 1: A large shipping company recorded the tonnage shipped weekly across the pacific for 50 weeks. The data is presented in the table below. 530 492 462 379 487 523 600 618 548 431 ...

What is a critical value how is the critical value

"What is a critical value? How is the critical value determined? Are there differences between the standard normal table and the student t table when trying to determine the critical value? Explain."

Regression analysiscalculate then explaininterpret the

Regression analysis Calculate then explain/interpret the following 14 tasks/tests using the dependent variable (labeled Y)(Sales) and the independent variables (labeled X1 (Calls), X2 (Time), and X3(Years)). Attached is ...

A researcher studying correctional treatment on 192 sex

A researcher studying correctional treatment on 192 sex offenders composed of 10 females and 182 males finds that 11 males along with 1 female had reoffended. He then calculates the percentages and finds that 10% of fema ...

A car dealership has 8 red 13 silver and 5 black cars on

A car dealership has 8 red, 13 silver and 5 black cars on the lot. Ten cars are chosen randomly to be displayed in front of the dealership. Find the probability that 4 cars are red and the rest are silver. Find the proba ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro