MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Concept explainers
Topic Video
Question
A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 100 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58
and a standard deviation of $55.
Complete parts (a) and (b) below.
and a standard deviation of $55.
Complete parts (a) and (b) below.
a. Is there evidence that the population mean amount spent per year on the web site by membership member shoppers is different from
$51?
(Use a
0.01
level of significance.)Identify the critical value(s).
(Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- As reported in Runner's World magazine, the times of the finishers in the New York City 10- km run are normally distributed with mean 61 minutes and standard deviation 9 minutes. The 75th percentile for the finishing times is 67 minutes. What is the interpretation of this value?arrow_forwardSuppose the distribution of typing speeds in words per minute for experienced typists can be approximated by a normal curve with a mean of 60 wpm and a standard deviation of 15 wpm. To be considered for a position an applicant needs to have a typing speed of at least 70 wpm. If 62 experienced typists apply for the job, how many of these would be considered based on their typing speed?arrow_forwardJohn finds that there is a scholarship available to all persons scoring in the top 5 % on the ACT test. If the mean score on the ACT is 21 with a standard deviation of 4.7, what score does he need in order to qualify for the scholarship?arrow_forward
- An analyst found that the average amount of money in bank accounts at his/her bank is $2,000 with a standard deviation of $150. What would be the variance?arrow_forwardA company wants to assess the average time it takes for customers to complete a particular task on their website. They collect the following data from a sample of 10 customers: 5, 6, 7, 8, 9, 10, 10, 11, 12, 13 minutes. Calculate the sample mean and standard deviation for this data.arrow_forwardAccording to the Center for Disease Control and Prevention (CDC), the mean life expectancy in 2015 for non‑Hispanic white males was 76.3 years. Assume that the standard deviation was 15 years, as suggested by the Bureau of Economic Research.The distribution of age at death, ????, is not normal because it is skewed to the left. Nevertheless, the distribution of the mean, x⎯⎯⎯, in all possible samples of size ???? is approximately normal if ???? is large enough, by the central limit theorem.Let x⎯⎯⎯ be the mean life expectancy in a sample of 100 non‑Hispanic white males. Determine the interval centered at the population mean ???? such that 95% of sample means x⎯⎯⎯ will fall in the interval. Give your answers precise to one decimal.arrow_forward
- Suppose there is a city where the mean cost per month of a one-bedroom apartment is $1,500, with a standard deviation of $250. Approximately what percentage of one-bedroom apartments in the city cost between $750 and $1,000?arrow_forwardA successful basketball player has a height of 6 feet 11 inches, or 211 cm. Based on statistics from a data set, his height converts to the z score of 5.17. How many standard deviations is his height above the mean?arrow_forwardSuppose there is a city where the mean cost per month of a one-bedroom apartment is $1,500, with a standard deviation of $250. Approximately what percentage of one-bedroom apartments in the city cost between $750 and $1,000?arrow_forward
- The average McDonald's restaurant generates $2.6 million in sales each year with a standard deviation of 1. Tatiana wants to know if the average sales generated by McDonald's restaurants in Alaska is different than the worldwide average. She surveys 25 restaurants in Alaska and finds the following data (in millions of dollars):3.2, 1.8, 0.9, 3.2, 3.6, 1.7, 4.2, 2, 3.1, 3.9, 3, 2.9, 2.5, 3.5, 3, 3, 2.4, 5, 3.8, 0.9, 2.2, 2.4, 2.6, 2.8, 3.3Perform a hypothesis test using a 10% level of significance. Find the pp-value of the point estimate. P(p( <or > )= P(z<)=P( ? )=)=? p value =?pp-value==arrow_forwardIs it worth pursuing a doctoral degree in education if you already have an undergraduate degree? One way to help make this decision is to look at the mean incomes of these two groups. Suppose that 11 people with bachelor’s degrees in education were surveyed. Their mean annual salary was $45,000 with a standard deviation of $9700. Seventeen people with doctoral degrees in education were found to have a mean annual salary of $31,000 with a standard deviation of $10,000. Assume that the population variances are not the same. Construct a 95% confidence interval to estimate the true difference between the mean salaries for people with doctoral degrees and undergraduate degrees in education. Let Population 1 be the salaries for people with doctoral degrees and Population 2 be the salaries for people with undergraduate degrees. Round the endpoints of the interval to the nearest whole number, if necessary. LOWER AND UPPER ENDPOINTarrow_forward4. A college instructor gave identical tests to two randomly sampled groups of 50 students. One group took the test on paper and the other took it online. Those who took the test on paper had an average score of 75.0 with a standard deviation of 12.5. those who took the test online had an average score of 78.0 with a standard deviation of 14.0. can you conclude that the mean scores differ between online and paper tests?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman