Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The historical reports from two major networks showed that the mean number of commercials aired during prime time was equal for both networks last year. In order to find out whether they still air the same number of commercials on average or not, random and independent samples of 85 recent prime time airings from both networks have been considered. The first network aired an average of 109.4 commercials during prime with a standard deviation of 5.7 . The second network aired 110.6 commercials with a standard deviation of 5.8 . Since the sample size is quite large, assume that the population standard deviations 5.7 and 5.8 can be estimated using the sample standard deviations. At the 0.10 level of significance, is there sufficient evidence to support the claim that the average number of commercials aired during prime time by the first station, µ1 is not equal to the average number of commercials aired during prime time by the second station µ2?

Perform a two-tailed test.

Null hypothesis: Ho:

Alternative hypothesis: H1

Type of test statistic:

The value of the test statistic? 3 decimal places

The two critical values at the 0.10 level of significance? 3 decimal places

Can we support the claim that the mean number of commercials aired during prime time by the first network is not equal to the mean number of commercials aired during prime time by the second network? Yes or no

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9392385

Have any Question?


Related Questions in Statistics and Probability

A student must answer 6 multiple choice questions for a

A student must answer 6 multiple choice questions for a test, but the student did not study well. There are 6 answers per question, but only one is correct. If the student randomly guesses on each questions, what is the ...

There are 3 orange balls and 17 blue balls that are in a

There are 3 orange balls and 17 blue balls that are in a bag. A person reaches into the bag, without looking, and pulls one of the balls out of the bag. What is the probability that the ball is orange?

Felcor stock is currently selling for 4000 a share but is

Felcor stock is currently selling for $40.00 a share but is expected to either decrease to $36 or increase to $44 a share over the next year. The risk-free rate is 4 percent. What is the current value of a 1-year call op ...

What is liquidity and why is liquidity important to the

What is liquidity and why is liquidity important to the success of a business? Give the Reference

At a college 66 of courses have final exams and 56nbsp of

At a college, 66 % of courses have final exams and 56 % of courses require research papers. Suppose that 45 % of courses have a research paper and a final exam.  Find the probability that a course has NONE of these two r ...

Consider the following difference equation and initial

Consider the following difference equation and initial condition(s). In each case, verify that the expression given for an (i) is a solution of the equation (ii) satisfies the initial condition(s). (a) an = 2(1/3)n satis ...

According to a survey of 25000 households 55 of the people

According to a survey of 25,000 ?households, 55 % of the people watching a special event on TV enjoyed the commercials more than the event itself. Complete parts a through e below based on a random sample of nine people ...

A laboratory worker finds that the 3 of his blood samples

A laboratory worker finds that the 3% of his blood samples test positive for the HIV virus. In a random sample of 70 blood tests, what is the mean number that test positive for the HIV virus? (Round your answer to 1 deci ...

The british department of transportation studied to see if

The British Department of Transportation studied to see if people avoid driving on Friday the 13th. They did a traffic count on a Friday and then again on a Friday the 13that the same two locations ("Friday the 13th," 20 ...

You are promised 80 a year for the next 4 years you are

You are promised $80 a year for the next 4 years. You are also promised a one-time payment of $2000 in 6 years. The interest rate is 6%. What is the total PV?

  • 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