2. Refer to the Baseball 2016 data, which report information on the 30 Major League Baseball teams for the 2016 season. a. Conduct a test of hypothesis to determine whether the mean salary of the teams was different from $100.0 million. Use the .05 significance level. b. Using a 5% significance level, conduct a test of hypothesis to determine whether the mean attendance was more than 2,000,000 per team.

UBS Wealth Management UK periodically ask their customers to evaluate their financial consultants and services. The higher the customer rating, the better the perceived service. The maximum rating is 7. Independent samples of two financial consultants are given below. Consultant A has 10 years' experience, Consultant B has 1 years' experience. Use α = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating.   Consultant A Consultant B N1 = 16 N2 = 10 Mean1 = 6.82 Mean2 = 6.25 S1= 0.64 S2 = 0.75 State the null and alternative hypothesis, Compute the value of the test statistic. What is the p-value? What is your conclusion?

4 Ms. Lisa Monnin is the budget director for Nexus Media Inc. She would like to compare the daily travel expenses for the sales staff and the audit staff. She collected the following sample information. Sales ($) Audit ($) 125 137 147 162 136 142 128 107 130 141 141 108 140 At the 0.01 significance level, can she conclude that the mean daily expenses are greater for the sales staff than the audit staff? Click here for the Excel Data File 1. State the decision rule. (Round your answer to 3 decimal places.) Reject Ho if t> 2. Compute the pooled estimate of the population variance. (Round your answer to 2 decimal places.) Pooled variance 3. Compute the test statistic. (Round your answer to 3 decimal places.) Value of the test statistic 4. State your decision about the null hypothesis. (Click to select) Ho: H₂ Ha 5. Estimate the p-value. (Round your answers to 3 decimal places.) p-value (Click to select) Sales 125 137 147 162 136 142 Audit 128 107 130 141 141 108 140

A business reports that their average salary is over $91,000, the simple mean of the salaries listed in the chart. Alternatively, instead of a simple mean, the business could report the median, or the mode. Which would be the most useful to someone deciding whether to apply for an entry level job at this business? Job Number of Employees Salary Line workers 10 $30,000 Office manager 1 $45,000 CEO 1 $200,000 Select one: a. Simple mean is best b. Simple mean and median are nearly equal numerically. They are equally good for this purpose and better than the other options. O c. Simple mean and mode are equally good for this purpose and better than the other options. d. Median and mode are about equally good for this purpose and better than other options.

Consider the relationship between p-values and significance levels. a. Explain why a value of z-statistic that is significant at the 1% level in a one-sided test is always significant at the 5% level. b. Explain why the reverse is not true. If something is significant at the 5% level in a one-sided test it is not necessarily significant at the 1% level.

Past studies have indicated that the percentage of smokers was estimated to be about 34%. Given the new smoking cessation programs that have been implemented, you now believe that the percentage of smokers has reduced. You randomly surveyed 1783 people and found that 553 smoke. Use a 0.05 significance level to test the claim that the percentage of smokers has reduced.

The U.S. National Center for Health Statistics complies birth statistics and publishes the results in vital statistics of the United States. The Center has historically believed that the mean of all newborns in the U.S. has been no less than 6.95 pounds. A sample of babies is selected so that the center can revise its belief. The following birth weights, in pounds are recorded: 7.4, 6.0, 8.6, 4.5, 2.0, 7.9, 4.0, 2.6, 5.9, 7.3, 7.3, 7.0, 6.3, 8.1, 7.1, 7.3, 6.6, 5.2, 9.8, 8.0, 10.9, 6.5, 3.8, 5.0, 8.0 a). At 5% level of significance, do these data provide sufficient evidence to refute the Center’s belief? Your conclusion must be in terms of the P-Value as well as setting up a Rejection Region. You must show all necessary work. b). Which statistical distribution should be applied in this situation and why? Explain carefully.

3. A number or a summarized measure that describes the characteristic of a sample is called statistic. a. b. parameter. váriation. C. d. central tendency.