Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Some people who bought X-Game gaming systems complained about having received defective systems. The industry standard for such systems has been ninety-eight percent non-defective systems. In a sample of 120 units sold, 6 units were defective.

a. Compute the standard error of p.

b. At 95% confidence using the critical value approach, test to see if the percentage of defective systems produced by x-Game has exceeded the industry standard.

c. Show that the p- value approach results in the same conclusion as that of part b.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9166808

Have any Question?


Related Questions in Statistics and Probability

1 out-of-state tuition and fees at the top graduate

1. Out-of-state tuition and fees at the top graduate schools of business can be very expensive, but the starting salary and bonus paid to graduates from many of these schools can be substantial. The following data show t ...

A researcher records the sound in decibels during a series

A researcher records the sound (in decibels) during a series of lessons taught by a substitute teacher at a local elementary school. In his study, he found that the sound was 20±2 (M±SD) decibels. Assuming the data are n ...

You are working with a moe of -4 and a confidence level of

You are working with a MOE of +/-4% and a confidence level of 95%. P and Q =.50, and your CPI is $25.00. The company you work for needs to make a decision as to whether they may need different advertising for men and wom ...

Find each of the following probabilities for a normal

Find each of the following probabilities for a normal distribution. (Use/round to 4 decimal places.) p ( z  > 0.80) p  = p ( z   Please work out the steps  so I can understand the formula

Compounding and period as you increase the length of time

Compounding and Period: As you increase the length of time involved, what happens to future values? What happens to present values? The present value of annuity will increase as well as the future value when you increase ...

Based on labor statistics17nbspof workers in a particular

Based on labor? statistics,17% of workers in a particular profession are female. Complete parts a through e below based on a random sample of 8 workers in this profession. a. What is the probability that exactly one work ...

Could someone help with my homework questionrecovery time

Could someone help with my homework question? Recovery time for knee surgery patients that do physical therapy three times per week on average is 16.3 weeks with a standard deviation of 2.4. A physical therapist believes ...

Ye observed the following returns over timeyear

You have observed the following returns over time: Year BMG Market 1990 18% 13% 1991 4% 8% 1992 -12% 3% 1993 16% 10% 1994 18% 11% What is the beta for BMG?

In a large university 68 of students live in dormitories a

In a large university, 68% of students live in dormitories. A random sample of 14 students is selected. What is the probability that the sample contains more than five students who do not live in the dormitories?

The waiting time for a pizza order is supposed to be no

The Waiting time for a Pizza order is supposed to be no more than 10 minutes. Some complaints have been received that the orders are in fact taking longer than the claimed 10 minutes. A batch of 50 orders was timed and f ...

  • 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