Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

An article in BusinessWeek says: "Today companies use a mere 40% of their space." Suppose you want to disprove this claim, suspecting that it is an upward exaggeration.

A random sample of the percentage used space for companies is 38, 18, 91, 37, 55, 80, 71, 92, 68, 78, 40, 36, 50, 45, 22, 19, 62, 70, 82, 25. Conduct the test using α = 0.05.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92183269

Have any Question?


Related Questions in Statistics and Probability

According to the national health interview survey 47 of us

According to the national health interview survey, 4.7% of U.S adults 50 and older have had a total knee replacement. A random sample of 20 adults 50 and older has been selected. Use the Poisson distribution to approxima ...

Over the past 100 years the level of government regulation

Over the past 100 years, the level of government regulation of financial institutions and markets has ebbed and flowed or, as some economists might argue, has ebbed and flooded. Although the laws and regulatory agencies ...

How does a histogram help us know the probability of

How does a histogram help us know the probability of getting a certain value for a variable? In other words how does the histogram relate to probability?

Research research and sample 5000 household concerning tv

Research research and Sample 5000 household concerning TV shows they watch. Based on the sample 18% reported watching 60 Minutes. What is the 95% confidence interval for the proportion of all Americans that watch 60 minu ...

Question in one law school class the entering students

Question: In one law school class the entering students averaged 700 on the LSAT test with a standard de-viation of 40. Assuming the distribution of test scores was normal, what fraction of the class scored above 750? Th ...

The beta corp has decided to enter the next generation in

The BETA Corp. has decided to enter the next generation in customer service. In order to do so they need to purchase a new piece of equipment. The equipment is highly specialized and needs to be created to exact specific ...

Suppose you want to estimate the proportion of traditional

Suppose you want to estimate the proportion of traditional college on your campus who own their own car. Based on some research on other campuses, you believe the proportion will be near 25%. What sample size is needed i ...

Assignment -in this assignment ms excel must be used to

Assignment - In this assignment MS Excel must be used to perform any calculations/graphical presentations as required in this assignment. Question 1 - Below you are given the examination scores of 20 students (data set a ...

37 of college students say they use credit cards because of

37?% of college students say they use credit cards because of the rewards program. You randomly select 10 college students and ask each to name the reason he or she uses credit cards. Find the probability that the number ...

Perform a conversion to compare costs between the two

Perform a conversion to compare costs between the two programs below, to find out which is the more expensive program. Program A: estimated cost in constant FY13 dollars: $16M Program B: estimated cost in constant FY19 d ...

  • 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