MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- An auditor, pressed for time and on a low budget, is concerned with account errors on customer credit. She takes a sample of 25 accounts, and finds the account error, on average, is $-23, with a standard deviation of $16. Is the claim of the manager that errors average only $-10 supported? In this case, the null hypothesis is what?arrow_forward2. The Kamp family has twins, Rob and Rachel. Both Rob and Rachel graduated from college 2 years ago, and each is now earning $50,000 per year. Rachel works in the retail industry, where the mean salary for executives with less than 5 years' experience is $35,000 with salary for engineers with less than 5 years' experience is $60,000 with a standard deviation of $5,000. Compute the z values for both Rob and Rachel and comment on your findings. a standard deviation of $8,000. Rob is an engineer. The meanarrow_forwardA national online business magazine reports that the average cost of a speeding ticket in Miami, including court fees, is $220. A local police department claims that this amount has increased. To test their claim, they collect data from a simple random sample of 16 drivers who have been fined for speeding in the last year. Assuming that the distribution of speeding ticket costs is normally distributed and the population standard deviation is $14, is there sufficient evidence to support the police department's claim at the 0.02 level of significance? Speeding Ticket Costs in Miami $226 $215 $200 $248 $233 $242 $213 $247 $217 $221 $237 $217 $241 $212 $232 $211 Copy Data Step 2 of 3: Compute the value of the test statistic. Round your answer to two decimal places.arrow_forward
- In a sample of 80 business trips taken by employees in the HR department, a company finds that the average amount spent for the trips was $1580 with a standard deviation of $350. In a sample of 80 trips taken by the employees in the sales department is $1750 with a standard deviation of $550. When testing the hypothesis that the averageamount spent on trips taken by the salesepartment are higher than those taken by the HR department, if the test statistic is 2.33 and the critical value is 1.96 then what is your conclusion concerning the null hypothesis? Reject the null hypothesis Fail to reject the null hypothesisarrow_forwardThe average American consumes 89 liters of alcohol per year. Does the average college student consume less alcohol per year? A researcher surveyed 15 randomly selected college students and found that they averaged 87.3 liters of alcohol consumed per year with a standard deviation of 15 liters. What can be concluded at the the a = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Но: ? Select an answer V Н: ? v Select an answer V c. The test statistic ? v = (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? v a f. Based on this, we should Select an answer g. Thus, the final conclusion is that ... the null hypothesis. O The data suggest the population mean is not significantly less than 89 at a = 0.05, so there is statistically insignificant evidence to conclude that the population mean amount of alcohol consumed by college students…arrow_forwardSuppose that Kira is measuring the amount of sleep that the residents of Decatur County get per night. She does not know the standard deviation, nor does she know the distribution of the amount of sleep all Decatur residents get. Therefore, she prefers to obtain a large sample. Kira thus enlists the help of her friend, Jadzia, who works for OkHarmony. This popular dating service finds matches for its clients by how they respond to numerous survey questions. Jadzia slips Kira's question into the mix, and from the member database of over a thousand male and female singles, she is able to obtain a sample of 101 responses. The sample mean is 6.62 hours a night with a sample standard deviation of 1.19 hours. There are no outliers in the sample. Kira plans to perform a t-test with an alpha level of α = 0.05 on the hypothesis that Decatur residents get an average of less than 8 hours of sleep per night. Evaluate all of the following five statements as true or false. The sample is a simple…arrow_forward
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