(Answered) The advising department of aul revealed that it takes on

Economics

The advising department of AUL revealed that it takes on average of 21 minutes helping each of 10 students preparing their thesis. The thesis instructor stated that she spent an average of 27 minutes helping 14 people prepare their thesis. The standard deviation of the advising department and the thesis instructor is 5.6 minutes and 4.3 minutes respectively. At α = 0.05, is there a difference in the average time spent by the two services?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92771346
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

Use the following table to find thenbspsteady-state values

Use the following table to find the? steady-state values of the? capital-labor ratio and output if the? per-worker production function is y t = 2k t 0.3 . Saving rate (s) = 0.37 Depreciation rate = 0.04 population growt ...

A investment1 the following relates to the choices firms

A. Investment 1. The following relates to the choices, firms can make regarding the allocation of profits. (a) Outline the broad choice available to firms when deciding to allocate profits. (b) Do increases in profits in ...

Explain a situation using the supply and demand for skilled

Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college education wi ...

A monopolist faces a market demand curve given by py 100 y

A monopolist faces a market demand curve given by P(y) = 100 y. Its cost function is c(y) = y 2 + 20. (a) Find its profit - maximizing output level y and the market price p(y ). (b) Calculate its total revenue, total cos ...

What is the factors that determine wages which are largely

What is the factors that determine wages which are largely responsible for determining how the economy's total income is distributed among the various members of society?

You have conducted a test and have this information p 03

You have conducted a test and have this information: p = .03 and a = .05, what is the probability that you will make a Type 1 error? If you want to decrease the chance of making a Type 1 error what should you change? You ...

Imagine an election with just two candidates candidate a

Imagine an election with just two candidates. Candidate A asks her consultant to conduct a poll to see if she (Candidate A) is leading. What is the "null hypothesis" value that is being "tested" in this example? Your an ...

A study claims that 77 of children under the age of 13 in

A study claims that 77 % of children under the age of 13 in British Columbia have been vaccinated from the chicken pox. A survey of randomly selected residents of a certain city included 652 children who were under the a ...

Why does the marginal cost curve always intersects the

Why does the marginal cost curve always intersects the average total cost curve and AVC?

How can a graph or chart of data help you understand the

How can a graph or chart of data help you understand the results? What is a frequency table? Describe an example where a frequency table can be used in life.

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

Recent Questions

Ask Business Economics Expert