MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following
prices, in thousands of dollars. Assume that the population standard deviation of all such prices is $6.6 thousand, that is, $6,600. Use the data to obtain a
99.7% confidence interval for the mean price of all new mobile homes.
Click the icon to view a table of prices of new mobile homes.
The 99.7% confidence interval is from $
to $].
(Round to the nearest dollar as needed.)
Prices of New Mobile Homes
Prices ($1000s) of 36 Randomly Selected New Mobile Homes
68.4
69.2
58.3
56.6
63.2
61.8
56.0
71.5
61.6
65.9
73.6
63.6
57.1
66.8
62.0
55.3
48.9
74.0
50.3
55.8
71.3
59.8
64.2
63.6
56.0
50.9
54.0
56.7
75.6
75.5
60.4
74.5
58.8
71.1
64.7
76.7
Print
Done
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Transcribed Image Text:A government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following prices, in thousands of dollars. Assume that the population standard deviation of all such prices is $6.6 thousand, that is, $6,600. Use the data to obtain a 99.7% confidence interval for the mean price of all new mobile homes. Click the icon to view a table of prices of new mobile homes. The 99.7% confidence interval is from $ to $]. (Round to the nearest dollar as needed.) Prices of New Mobile Homes Prices ($1000s) of 36 Randomly Selected New Mobile Homes 68.4 69.2 58.3 56.6 63.2 61.8 56.0 71.5 61.6 65.9 73.6 63.6 57.1 66.8 62.0 55.3 48.9 74.0 50.3 55.8 71.3 59.8 64.2 63.6 56.0 50.9 54.0 56.7 75.6 75.5 60.4 74.5 58.8 71.1 64.7 76.7 Print Done
9.3.65-P
Question Help
The value obtained for the test statistic, z, in a one-mean z-test is given. Whether the test is two tailed, left tailed, or right tailed is also specified. For parts
(a) and (b), determine the P-value and decide whether, at the 10% significance level, the data provide sufficient evidence to reject the null hypothesis in
favor of the alternative hypothesis.
a. The test statistic in a left-tailed test is z = - 1.38.
The P-value is 0.084 .
(Round to three decimal places as needed.)
At the 10% significance level, the data
provides
sufficient evidence to reject the null hypothesis in favor of the alternative hypothesis because
the obtained P-value is
less than
the significance level.
b. The test statistic in a left-tailed test is z = 1.89.
The P-value is .
(Round to three decimal places as needed.)
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Transcribed Image Text:9.3.65-P Question Help The value obtained for the test statistic, z, in a one-mean z-test is given. Whether the test is two tailed, left tailed, or right tailed is also specified. For parts (a) and (b), determine the P-value and decide whether, at the 10% significance level, the data provide sufficient evidence to reject the null hypothesis in favor of the alternative hypothesis. a. The test statistic in a left-tailed test is z = - 1.38. The P-value is 0.084 . (Round to three decimal places as needed.) At the 10% significance level, the data provides sufficient evidence to reject the null hypothesis in favor of the alternative hypothesis because the obtained P-value is less than the significance level. b. The test statistic in a left-tailed test is z = 1.89. The P-value is . (Round to three decimal places as needed.)
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