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

1 why must researchers ensure that their experimental

1. Why must researchers ensure that their experimental groups are roughly equivalent before manipulating the independent variable? 2. Discuss the relative advantages and disadvantages between within-subjects designs and ...

Prove that if player i believes at the state of the world

Prove that if player i believes at the state of the world ω that the state of the world is consistent, then he believes that every player believes that the state of the world is consistent. Deduce that in this case playe ...

An insurance company checks police records on 1200 randomly

An insurance company checks police records on 1200 randomly selected auto accidents and notes that teenagers were at the wheel in 180 of them. Construct a 90% confidence interval estimate of the proportion of auto accide ...

How did religion shape indian reaction to white settlement

How did religion shape Indian reaction to white settlement in the nineteenth century?

In a pulse rate research a simple random sample of 120 men

In a pulse rate research, a simple random sample of 120 men results in a mean of 80 beats per minute, and a standard deviation of 11 beats per minute. Based on the sample results, the researcher concludes that the pulse ...

For this assignment you will continue to use data derived

For this assignment you will continue to use data derived from Capital Bikeshare trip records from 2011 and 2012, this time analysing patterns in daily numbers of rentals by casual users. References and Data Sources: Bac ...

A company has 100000 to invest in new rampd projects

A company has $1,00,000 to invest in new R&D projects.  The company wants to determine what set of projects should be selected.   The following table summarizes the initial cost and revenue potential for each of the proj ...

1 how can partial correlation help researchers explore

1. How can partial correlation help researchers explore possible causal relationships among correlated variables? 2. When is the Spearman rank-order correlation used? 3. What is a dichotomous variable? What correlations ...

A shipment of 8 computers contains 2 with defects find the

A shipment of 8 computers contains 2 with defects. find the probability that a sample of size 4, drawn from the 8, will not contain a defective computer. What is the probability that a sample of 4 of the 8 computers will ...

1 give five examples of physiological measures2 what

1. Give five examples of physiological measures. 2. What considerations must a researcher keep in mind when writing the questions to be used on a questionnaire or in an interview? 3. What is a double-barreled question? 4 ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen