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

Suppose that the number of men equals the number of women

Suppose that the number of men equals the number of women, and that Vera is last on the preference list of every man. Prove that under every stable matching, Vera is matched to the same man. Who is the unlucky guy?

If 2 of the calls received by schools switchboard are wrong

If 2% of the calls received by schools switchboard are wrong numbers. Find the probability that among 210 calls received by schools switchboard, 4 will be wrong numbers. a). Determine in this case whether the conditions ...

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 ...

Suppose that 3 of all adults suffer from diabetes and that

Suppose that 3% of all adults suffer from diabetes and that 28% of all adults are obese. Suppose also that 2% of all adults both are obese and suffer from diabetes. (a) Find the probability that a randomly chosen adult i ...

A women in the sample on average were as healthy as people

(a) Women in the sample, on average were as healthy as people nationally from both a physical and mental health perspective as indicated by the SD deviation of 10.0 and a mean of 50.0 based on the national average. (b) T ...

In a recent funding drive in support of classical radio it

In a recent funding drive in support of classical radio, it was announced that 11.35% of the listeners actually donated to the radio station. A survey of 225 listeners found that 10.75% of the listeners had actually dona ...

Problem 1 a menu offers a choice of 3 salads 8 main dishes

Problem 1. A menu offers a choice of 3 salads, 8 main dishes, and 5 desserts. How many different meals consisting of one salad, one main dish, and one dessert are possible? Problem 2. Wing has different books to arrange ...

According to harpers index 55 of all federal inmates are

According to Harper's Index, 55% of all federal inmates are serving time for drug dealing. A random sample of 15 federal inmates is selected. (a) What is the probability that 9 or more are serving time for drug dealing? ...

Pretend we are playing a coin-tossing game we will toss 100

Pretend we are playing a coin-tossing game. We will toss 100 pennies (all distinguishable) into the air, and there is an equal chance they will land on the table or on the floor. What is the dimensionless entropy associa ...

Find the indicated area under the standard normal curve to

Find the indicated area under the standard normal curve. To the left of z= - 1.96 The area to the left of z = -1.96 under the standard normal curve is __.(Round to four decimal places as needed.)

  • 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