Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Taxation Expert

1) Make the decision about the given claim.  Don’t use any formal procedures and exact calculation.  Use only the rare event rule.

Claim:  A coin favors head when tossed, and there are 8 heads in 18 tosses.

2) Make the decision about given claim.  Use only rare event rule, and make subjective estimates to find out whether events are likely.  Like if the claim is that a coin favours heads and sample results consist of 11 head in 20 flips, conclude that there is not enough evidence to support claim that the coin favors heads (because it is easy to get 11 heads in 20 flips by chance with a fair coin).

Claim:  Mean pulse rate (in beats per minute) of students in a large statistics class is greater than 66.  Simple random sample of the students has a mean pulse rate of 66.3.

3) Observe the given statement, then express null hypothesis H0 and the alternative hypothesis H1 in symbolic form. The mean weight of women who won a beauty pageant is equal to 119 lb. Which formula is the hypothesis test to be conducted?

4) Suppose that the normal distribution applies and find the critical z value(s).
A = 0.04; H1 is mean ≠ 98.6 degrees Fahrenheit. 

5) Find the value of the test statistic z using z = proportion-p  Divided by √pq Divided by N

The claim is that the proportion of peas with yellow pods is equal to 0.25 (or 25%).  The sample statistics from one experiment include 400 peas with 96 of them having yellow pods.

6) Use information given below to determine the P-value.  Also, use a 0.05 significance level and state the conclusion about null hypothesis (reject null hypothesis or fail to reject null hypothesis).
The test statistic in a left-tailed test is z = - 1.88.
What is the P-value: (Round to four decimal places as required)

7) Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)

8) For the following claim, determine null and alternative hypotheses, test statistic, P-value, critical value and illustrate the conclusion.  Suppose that a simple random sample has been selected from a normally distributed population.

Claim:  The mean IQ score of statistics professors is greater than 130.
Sample data: n = 12, mean = 134, s= 10.  The significance level is a = 0.05.

a) Select the correct null hypotheses (H0) and alternative hypothesis (H1).

9) Suppose that simple random sample has been chosen from a normally distribute population and test the given claim.  Recognize the null and alternative hypotheses, test statistic, P-value, critical value(s), and state the final conclusion that addresses the original claim.

In a manual on how to have a number one song, it is stated that a song should be no longer than 210 seconds.  A simple random sample of 40 present hit songs results in a mean length of 242.2 sec and a standard deviation of 53.81 sec.  Use a 0.05 significance level and the accompanying Minitab display to test the claim that the sample is from a population of songs with a mean greater than 210 sec.  What do these results suggest about the advice given in the manual?

Minitab display
One-Sample T
Test of mu = 210 vs> 210

N 40    Mean 242.20    StDev 53.81    SE Mean 8.51    95% Lower Bound 227.86    T 3.78   P 0.000

What are the hypotheses?

10) Test the following claim.  Identify the null hypothesis, alternative hypothesis, test statistic, critical value(s), conclusion about the null hypothesis, and final conclusion that address the original claim.

A manual states that in order to be a hit, a song must be no longer than three minutes and ten seconds (or 190 seconds).  A simple random sample of 45 current hit songs results in a mean length of 255.0 sec.  Assume the population standard deviation of song lengths is 53.5 sec.  Use a 0.05 significance level to test the claim that the sample is from a population of songs with a mean greater than 190 sec.  What do these results suggest about the advice given in the manual?

What are the null and alternative hypotheses?

Stating Conclusions About Claims.

11) Use only the rare event rule, and make subjective estimates to determine whether events are likely.  For ex, if the claim is that a coin favors heads and sample results consist of 11 heads in 20 flips, conclude that there is not sufficient evidence to support the claim that the coin favors heads (because it is easy to get 11 heads in 20 flips by chance with a fair coin).

Claim:  Movie patrons have IQ scores with a standard deviation that is less than the standard deviation of 15 for the general population.  A simple random sample of 40 movie patrons results in IQ scores with a standard deviation of 14.8.

Taxation, Accounting

  • Category:- Taxation
  • Reference No.:- M91477

Have any Question? 


Related Questions in Taxation

Assignemnt corporation tax returnrequiredbull using the

Assignemnt: CORPORATION TAX RETURN Required: • Using the information provided below, complete Salt Source Inc.'s (SSI) 2010 Form 1120S. Also complete Kim Bentley's Schedule K-1. • Form 4562 for depreciation is not requir ...

Please fully answer the following1 what is a 501c3

Please fully answer the following 1. What is a 501(c)(3) organization? Does this type of organization pay income taxes? 2. What does the term three-factor formula refer two? 3. What are we referring to when we say that w ...

Assignment constructive dividends redemptions and related

Assignment: Constructive Dividends, Redemptions, and Related Party Losses Suppose you are a CPA hired to represent a client that is currently under examination by the IRS. The client is the president and 95% shareholder ...

Corporate tax return projectusing the following information

Corporate Tax Return Project Using the following information, prepare a corporate tax return for 2015. You can download the tax forms from the IRS website (www.irs.gov). In addition to the basic Form 1120 (all 5 pages), ...

Tax memo multi state and international taxyou are the tax

Tax Memo: Multi state and international tax You are the Tax Director in a FORTUNE 500 company. There is a new CFO and he comes to your office and asks the following: "I understand that there are ways to shift income betw ...

Discussion question 1a law practice was incorporated on

Discussion Question 1 A law practice was incorporated on January 1, 2016, and expects to earn $25,000 per month before deducting the lawyer's salary. The lawyer owns 100% of the stock. The corporation (a personal service ...

Tax research paperthe topic is listed below try to

TAX RESEARCH PAPER The topic is listed below. Try to incorporate any applicable Code, Regulations, Revenue Rulings, and court decisions. The paper is to include a Title Page and a Bibliography at end of the paper. The bo ...

Write a response to these two posts only has to be about

Write a response to these two posts. Only has to be about 150 words each: Post1: A) As the CPA preparing the tax return in Situation A, I would have to rely on the information received by Tom. Unless I have prepared tax ...

Accounting taxa1 organize an outline that lists the

Accounting TAX A 1. Organize an outline that lists the advantages and disadvantages of making a consolidated return election. Include at least five advantages and five disadvantages of making the election.?2. From a proc ...

Assignmentaccess the latest annual report or form 10-k of a

Assignment Access the latest annual report, or Form 10-K, of a publicly-traded company of your choice using the company's website or www.sec.gov. You can usually access from a company's website by clicking on investor re ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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