MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Suppose you are interested in testing whether average monthly gasoline expenditure differs from $50 at the 5% significance level. You take a sample of 30 and calculate a sample mean of 51 and sample standard deviation of 12. Given this information the null and alternative hypotheses are as follows: H0: μ=50 H1: μ≠50 What is the conclusion of this test?arrow_forwardIf someone could help me answer this that would be great.arrow_forwardQuestion #3 Samples of body temperatures were collected for a group of women and a group of men. The summary statistics are given below: Women:n1 = 15 sample mean = 98.38 ̊F s1 = 0.45 ̊F Men:n2= 91 sample mean= 98.17 ̊F s2 = 0.65 ̊F 1. Use a 0.01 significance level to test the claim that women and men have different mean body temperatures using the p value method. Show all the steps of your hypothesis test including the p value: initial conclusion: a final conclusion about the original claim:arrow_forward
- Suppose that we want to estimate the mean reading speed of second graders. The random sample of students' reading speeds we choose has a mean of 29.8 words per minute and a standard deviation of 2.7 words per minute. For each of the following sampling scenarios, determine which test statistic is appropriate to use when making inference statements about the population mean. (In the table, Z refers to a variable having a standard normal distribution, and t refers to a variable having a t distribution.) Sampling Scenario Z t could use either Z or t unclear (1) The sample has size 95, and it is from a non-normally distributed population with a known standard deviation of 3.2. (2) The sample has size 19, and it is from a population with a distribution about which we know very little.arrow_forwardUse the following information for questions 3 and 4. A study of class lengths at two schools was done using independent samples. 31 classes were chosen from each. The first school had a mean length of 50.1 minutes and a standard deviation of 1.6 minutes. The second school had a mean length of 48.9 and a standard deviation of 2.2 minutes. We want to determine at α = 0.01 if the means are different. Assume all test conditions are satisfied. What are the null and alternate hypotheses (write in equation/inequality form)?arrow_forwardYou would like to construct a 95% confidence interval to estimate the population mean score on a nationwide examination in psychology, and for this purpose we choose a random sample of exam scores. The sample we choose has a mean of 511 and a standard deviation of 71. (a) What is the best point estimate, based on the sample, to use for the population mean? X ? (b) For each of the following sampling scenarios, determine which distribution should be used to calculate the critical value for the 95% confidence interval for the population mean. (In the table, Z refers to a standard normal distribution, and t refers to a t distribution.)arrow_forward
- Use the information below to answer Questions #27 - 29. In a random sample of 6 mobile devices, the mean repair cost was $90.00 and the standard deviation was $14.00. Assume the population is normally distributed. Construct a 99% confidence interval for the population mean µ. Find the left end point for the confidence interval for the population mean. Round to the nearest hundreth as needed.arrow_forwardAnswer these questionarrow_forwardSmith and Smith are Certified Public Accountants who are in love with statistical analysis for audit sampling because of its objectivity and precision. They made an estimation of expected population deviation of their client’s accounts receivable to be 2.1% . However, they seem to have a rough idea that the sample is representative of the population and that its deviation approximates that of the population deviation. They decided to set their sample deviation parameters at + 3 or – 3% Required: a. What will be the sample risk deviation tolerable at the lowest limit level for your audit? The total Accounts Receivable is $500,000.00. This is the assertion by management. b. What will be the sample risk deviation that is tolerable at the highest level?arrow_forward
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