Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. There are two basic forms of sleep: slow wave sleep (SWS) and rapid eye movement (REM) sleep. Infants spend about 50% of their sleep time in SWS and 50% in REM sleep. Adults below age 60 spend about 20% of their sleep time in REM and 80% in SWS sleep. In a study of sleep patterns, data was collected on 13 elderly males over age 60. The percentage of total sleep time spent in REM sleep is presented below. 21, 20, 22, 7, 9, 14, 23, 9, 10, 25, 15, 17, 11
(a) Calculate the sample average and standard deviation.
(b) The sample average is how far below 20%?
(c) Calculate the standard error (SE) of the sample average.
(d) The sample average is how many SE's below 20% ?
(e) Is the sample average significantly below 20%, or is it just chance variation?
(f) If you conduct a test of significance on the following hypothesis: `Does the data provide scientific evidence that elderly males spend less than 20% of their sleep time in REM?', how would you write the null and alternative hypotheses?
(g) What is the test statistic you would use?
(i) Calculate a (one-tailed) P-value for your test.
(j) What is the conclusion of your test?

2. Twenty-five factory workers were asked how many vacation days they take a year. The average of the sample was 22.85 days, and the standard deviation of the sample was 5.80.

(a) Calculate the standard error of the sample average.

(b) In the past, the company's Human Resources Office uses an average of 18 vacation days per worker in order to make available man-hour and payroll predictions. Do you think this standard of 18 days needs to be changed? (Is the the observed average of 22.85 significantly different from 18? Calculate a (one-tailed) P-value to measure statistical significance of the difference.)

3. A new breakfast cereal Frosted Corn is test marketed for one month. The total sales for the first 9 quarters (3-month periods) indicate an average of $8350, with a standard deviation of $1840.

(a) Treating the first 9 quarters as a sample of size 9, calculate a standard error for the average sales of $8350.

(b) Based on a cost-profit analysis, production of Frosted Corn will be discontinued if the sample average of the first 9 quarters falls below $9000 with statistical significance. Does the data indicate production will be stopped? (Calculate a one-tailed P-value to measure statistical significance.)

4. A Michigan automobile insurance company would like to estimate the average size of an accident claim for the fiscal year 2002. A random sample of 20 accident claims yielded an average of $1600 with a standard deviation of $800.

(a) What is the standard error of the $1600 estimate?

(b) The national average claim for the industry is $1500. Does the sample indicate that the Michigan average is different from the national average? (Conduct a two-tailed test of significance. What is the P-value of your test?)

5. In order to test a new production method, 15 employees were selected randomly to try the new method. The mean production rate for the sample was 80 parts per hour (with sample SD 10 parts per hour).

(a) Calculate a standard error for the sample mean production rate for the new method.

(b) The mean production rate under the old method is known to be 70 parts per hour. Is the new method rate significantly different, or is this just luck-of-the-draw on the employees sampled ? (Calculate a two-tailed P-value for your test.)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9346435

Have any Question?


Related Questions in Statistics and Probability

A system has two independent components both components

A system has two independent components. Both components must function for the system to function. The first component has 7 components that each work with probability 0.95. If at least 5 elements are working then the fi ...

Let be a random variable with probability

Let be a random variable with probability function  f ( x )=144/205 x^  2  , where  x =1,2,3,4. (a) Find the expected value of  X   (b) Find the expected value of  Y =2 X +3

On the production line the company finds that 997 of

On the production line the company finds that 99.7% of products are made correctly. You are responsible for quality control and take batches of 30 products from the line and test them. What number of the 30 being incorre ...

Show worksuppose you are thinking of purchasing the moore

Show Work Suppose you are thinking of purchasing the Moore Co.'s common stock today. If you expect Moore to pay $1.2, $1.26, $1.323, and $1.39 dividends at the end of year one, two, three, and four respectively and you b ...

There are 2 white balls and 8 red balls in an urn consider

There are 2 white balls and 8 red balls in an urn. Consider selecting one ball at a time from the urn. What is the probability that the first ball is red and the second ball is also red? Express the probability in fracti ...

A company that sells annuities must base the annual payout

A company that sells annuities must base the annual payout on the probability distribution of the 2) length of life of the participants in the plan. Suppose the probability distribution of the lifetimes of the participan ...

A box contains 14 large marbles and 11 small marbles each

A box contains 14 large marbles and 11 small marbles. Each marble is either green or white. 8 of the large marbles are green, and 5 of the small marbles are white. If a marble is randomly selected from the box, what is t ...

In a pre-election poll a candidate for district attorney

In a pre-election poll, a candidate for district attorney receives 379 of 750 votes. Assuming that the people polled represent a random sample of the voting population, test the claim that a majority of voters support th ...

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 ...

If an urn1 contains 6purle balls and 4red balls and urn2

If an Urn1 contains 6purle balls and 4red balls. And Urn2 contains 4purple balls and 6 red balls. Urn3 contains 4purple balls and 5red balls. If one of the urns is selected at random and a ball is drawn, what is the prob ...

  • 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