Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Q1. Records on a fleet of trucks reveal that the average life of a set of spark plugs is normally distributed with a population mean of 22,100 miles. A manufacturer of spark plugs claims that its plugs have an average life in excess of 22,100 miles. The fleet owner purchased 18 sets and found that the sample average life was 23,400 miles, the sample standard deviation was 1,500 miles and the calculated value of t = 3.677. Based on these findings, is there enough evidence to accept the manufacturer's claim at the 0.05 level. (Explain your answer)

Q2. The mean life of a battery used in a digital clock is 305 days. The lives of the batteries follow the normal distribution. The battery was recently modified to last longer. A sample of 20 of the modified batteries had a mean life of 311 days with a standard deviation of 12 days. You have been asked to test if the modifications have increased the mean life of the batteries at the .05 significance level.

a) State the null & alternative hypothesis:

b) Compute the test statistic and indicate your decision regarding the null hypothesis? Hint: First determine your decision rule.

Q3. As a region sales manager you are interested in testing if there is a difference in sales close rates between two of your sales regions. In the west region you contacted 50 sales people and found that they closed a sale at a rate of 40% of the time. The East region had a higher close rate at 50% based on a sample of 80. In the space below write the formula for the test statistic used to evaluate the difference. Second complete (fill in the values) the formula using the information above. Do not calculate the final value of the test statistic.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9955339
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

100 people are invited to the party each guest is estimated

100 people are invited to the party. Each guest is estimated to eat 0 or 1 or 2 sandwiches with probabilities 0.2,0.50.3 respectively. How many sandwiches should be ordered ro be approx 90% confident that there will be e ...

A new computer system will require an initial outlay of

A new computer system will require an initial outlay of $15,500, but it will increase the firm's cash flows by $3,100 a year for each of the next 7 years. How high can the discount rate be before you would reject the pro ...

Mrs salmon agrees to repay a loan by paying 500 at the end

Mrs. Salmon agrees to repay a loan by paying $500 at the end of each month for 5 years. The first payment is due at the end of the 6th month from today and the remaining payments will continue for another 59 months. If t ...

A basket contains 5 bananas and 5 apples each of ten people

A basket contains 5 bananas and 5 apples. Each of ten people picks two fruits at random from the basket without replacement. (a) What is the probability that the first people picks one apple and one banana? (b) What is t ...

According to annbspairline flights on a certain route are

According to an? airline, flights on a certain route are on time 80% of the time. Suppose 13 flights are randomly selected and the number of?flights is recorded. ?a)  Explain why this is a binomial experiment. ?b)  Deter ...

In a survey of 3175 adults1487 say they have paid their

in a survey of 3175 adults,1487 say they have paid their bills online in the last year. construct a 99% confidence interval for the population proportion.

In a sample of 20 cups of coffee at the local coffee shop

In a sample of 20 cups of coffee at the local coffee shop, the average temperature was 162.5 degrees with a standard deviation of 14.1 degrees. What would be the 95% confidence interval for the temperature of your cup of ...

Determine the internal rate of return for a project that

Determine the internal rate of return for a project that costs -$149,500 and would yield after-tax cash flows of $23,000 the first year, $25,000 the second year, $28,000 the third year, $30,000 the fourth year, $34,000 t ...

Illustrate the difference between straight and cumulative

Illustrate the difference between straight and cumulative voting systems using as an example a shareholder who owns 5,000 shares and an election in which six directors will be selected. Why might shareholders care about ...

Consider the following random sample ofnbspdata8 6 -6 0 -9

Consider the following random sample of data: 8, 6, -6, 0, -9, 4, -1, 7, 6, 84 a) What is the standard deviation of the sample data? Round your response to at least 3 decimal places. b) If the outlier is removed, what is ...

  • 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