+1-415-315-9853

info@mywordsolution.com

## Statistics

Hypothesis test using single mean.

Recently national average yield on municipal bonds has been μ = 4.19 percent. A random sample of 16 Arizona municipal bonds gave an average yield of 5.11 percent with a sample standard deviation s = 1.15%. Does this indicate that the population mean yield for all Arizona municipal bonds is greater than the national average? Use α = 0.05. Assume x is normally distributed.

a) State null and the alternate hypothesis.

b) Make out the sampling distribution to be used: the standard normal distribution or the Student's t distribution. Find the critical value(s).

c) Compute the z or t value of the sample test statistic.

d) Find out the P value or an interval containing the P value for the sample test statistic.

e) Based on your answers to a through d, decide whether or not to reject the null hypothesis at the given significance level. describe your conclusion in the context of the problem.

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M919959

Have any Question?

## Related Questions in Statistics and Probability

### 1 here are several situations in which there is an

1. Here are several situations in which there is an incorrect application of the ideas in statistical inference. Write a sentence or two in each case explaining what is wrong and why it is wrong. (a) A significance test ...

### What three criteria must be met to establish that one

What three criteria must be met to establish that one variable causes changes in behavior? Which of these criteria are met by quasi-experimental designs? Which of these criteria are not met, and why?

### 1 consider a test of h0 mu le 100 versus h1 mu gt 100

1. Consider a test of H0 : μ ≤ 100 versus H1 : μ > 100. Suppose that a sample of size 20 has a sample mean of X = 105. Determine the p-value of this outcome if the population standard deviation is known to equal  (a) 5; ...

### A family is relocating from st louis missouri to california

A family is relocating from St. Louis, Missouri, to California. Due to an increasing inventory of houses in St. Louis, it is taking longer than before to sell a house. The wife is concerned and wants to know when it is o ...

### Statistics paperthe final paper provides you with an

STATISTICS Paper The Final Paper provides you with an opportunity to integrate and reflect on what you have learned during the class. The question to address is: "What have you learned about statistics?" In developing yo ...

### Peter has two envelopes he puts 10k euros in one and 10k1

Peter has two envelopes. He puts 10k euros in one and 10 k+1 euros in the other, where k is the outcome of the toss of a fair die. Peter gives one of the envelopes to Mark and one to Luke (neither Mark nor Luke knows the ...

### A smartphone company has to decide which battery they will

A smartphone company has to decide which battery they will use for their upcoming model. Two battery manufacturers A and B are competing to get the contract. 15 smartphones of the upcoming model were tested with batterie ...

### Suppose a new student honors societynbspalpha alpha

Suppose a new student honors society, Alpha Alpha Alpha, is going to start at Harvard. Alpha Alpha Alpha aims to be exclusive and only wants the best students.Currently, there are about 10,000 students enrolled at Harvar ...

### Jim has weighted gpa of 384 his high school gpas are

Jim has weighted GPA of 3.84. His high school GPA's are normally distributed with a mean of 2.9 and a standard deviation of 0.5. Kim's high school uses unweighted GPA's and she has a GPA of 3.57. GPA's are also normally ...

### 1nbspthe owner of a professional basketball team claims

1) The owner of a professional basketball team claims that the mean attendance at games is over 25,000 and therefore the team needs a new arena. Determine whether the hypothesis test for this claim is left-tailed, right- ...

• 13,132 Experts

## 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.

### 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

### Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen