(Answered) Assume that the weights of salmon in the columbia river are

Economics

Assume that the weights of salmon in the Columbia River are normally distributed. You randomly catch and weigh 20 salmon. The mean weight from your sample is x ¯ = 25.2 pounds with a standard deviation of s = 4.5 pounds. Test the claim that the mean weight of Columbia River salmon is greater than 23 pounds. Use a α = 0.10 significance level.

Question: What hypothesis test should you use for this problem?

1. Mean-1 Sample

2. Mean-2 Samples, Dependent

3. Mean-2 Samples, Independent

4. Proportion-1 Sample

5. Proportion-2 Samples

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92864654
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

What does the term the ten principles of economics and how

what does the term the Ten Principles of Economics and how it's applied to the consumer buying trends?

A die is rolled four times what is the probability that the

A die is rolled four times. What is the probability that the sum of four numbers equals 13?

The label on a can of sardines indicates the can contains

The label on a can of sardines indicates the can contains 10 sardines. You open up 100 cans and record the number of fish in each can. You find the sample average is 9.5 and sample standard deviation is 1. Calculate and ...

The new fore and aft marina is to be located on the ohio

The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arri ...

Overall we see that within the realm of trade

Overall we see that within the realm of trade liberalization we see the reduction and/or removal of restrictions of barriers, such as tariffs, on the free exchange of goods between nations. The results of such actions is ...

Explain the key differences between the virtual value chain

Explain the key differences between the virtual value chain and a physical value chain. How can firms exploit the virtual value chain to gain a competitive advantage

Why is the term asymmetric information in order to

Why is the term asymmetric information in order to understand why some people are better informed than others, and the imbalance in information affects the choices they make and how they deal with one another?

The question is suppose z sim n01 a find c such that pz le

The question is: Suppose Z ∼ N(0,1). (a) Find c such that P(Z ≤ c) = 0.75. (b) With respect to the standard normal distribution, what would be an appropriate name to call c?

Give an example of a binary relation which is not

Give an example of a binary relation which is not transitive, and then give an example of a binary relation which is reflexive and transitive but not connected.

Suppose that serendipity bank has excess reserves of 12000

Suppose that Serendipity Bank has excess reserves of $12,000 and check able deposits of $150,000. If the reserve ratio is 20 percent, what is the size of the bank's actual reserves?

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

Recent Questions

Ask Business Economics Expert