Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The mean cleanup and redecorating time for one-bedroom student apartment at campus Housing is 16 hours. The time for the cleanup and redecorating process follows the normal distribution. The campus Housing administration instituted a "fee and fine system" that encourages students to clean their apartments when they vacate them. This should shorten the cleanup and redecorating time. A sample of 20 apartments had a mean cleanup and redecorating time of 13.5 hours with a standard deviation of 1.5 hours. Does use of the "fee and fine system" decrease the cleanup and redecorating time? Follow a hypothesis testing procedure using the 0.05 significance level.

a. State the null and alternate hypothesis

b. What is the level of significance?

c. What is the critical value?

d. Compute the value of the test statistic

e. What is your decision regarding the null hypothesis? Interpret the result.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91001453

Have any Question?


Related Questions in Statistics and Probability

The length of timber cuts are normally distributed with a

The length of timber cuts are normally distributed with a mean of 95 inches and a standard deviation of 0.52 inches. In a random sample of 45 boards, what is the probability that the mean of the sample will be between 94 ...

Consider the study of two insect populations at two

Consider the study of two insect populations at two experimental stations. At station A, the egg hatch rate (computed from a set of 100 eggs at a time) is known to follow approximately a normal distribution with mean 62% ...

A perpetuity pays 4300 at the end of every month for 11

A perpetuity pays $4300 at the end of every month for 11 months of each year. At the end of the 12th month of each year, it pays double that amount. If the effective ANNUAL rate is 9%, what is the present value of this p ...

If two samples a and b had the same mean and sample size

If two samples A and B had the same mean and sample size, but sample A had a larger standard deviation, which sample would have the wider 95% confidence interval?

Before-tax cost of debt and after-tax cost of debt david

Before-tax cost of debt and after-tax cost of debt David Abbot is buying a new house, and he is taking out a 30-year mortgage. David will borrow $200,000 from a bank, and to repay the loan he will make 360 monthly paymen ...

In a population of phd students 50 have paid assistant

In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?

A rainstorm in portland oregon wiped out the electricity

A rainstorm in Portland, Oregon, wiped out the electricity in 10% of the households in the city. Suppose that a random sample of 70 Portland households is taken after the rainstorm. Estimate the number of households in t ...

Question a random variable x is known to be distributed

Question: A random variable X is known to be distributed either N(1,3) or N(2,3). The mill hypothesis is that the mean is equal to 1. The alternative hypothesis is that the mean is 2. a. With a sample of 10 draws from th ...

Jennifer currently has 500 in an account with an annual

Jennifer currently has $500 in an account with an annual rate of return of 4.3%. She wants to have $6000 for a trip to Alaska when she graduates in 4 years. How much will she have to save each month to afford her trip?

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

  • 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