Nationally, about 11% of the total U.S. wheat crop is destroyed each year by hail.† An insurance company is studying wheat hail damage claims in a county in Colorado. A random sample of 16 claims in the county reported the percentage of their wheat lost to hail. 15 7 7 13 13 20 13 12 5 10 26 22 13 7 11 3 The sample mean is x = 12.3%. Let x be a random variable that represents the percentage of wheat crop in that county lost to hail. Assume that x has a normal distribution and σ = 5.0%. Do these data indicate that the percentage of wheat crop lost to hail in that county is different (either way) from the national mean of 11%? Use α = 0.01. (a) What is the level of significance? Compute the z value of the sample test statistic. (Round your answer to two decimal places.) (c) Find (or estimate) the P-value. (Round your answer to four decimal places.)
Nationally, about 11% of the total U.S. wheat crop is destroyed each year by hail.† An insurance company is studying wheat hail damage claims in a county in Colorado. A random sample of 16 claims in the county reported the percentage of their wheat lost to hail. 15 7 7 13 13 20 13 12 5 10 26 22 13 7 11 3 The sample mean is x = 12.3%. Let x be a random variable that represents the percentage of wheat crop in that county lost to hail. Assume that x has a normal distribution and σ = 5.0%. Do these data indicate that the percentage of wheat crop lost to hail in that county is different (either way) from the national mean of 11%? Use α = 0.01. (a) What is the level of significance? Compute the z value of the sample test statistic. (Round your answer to two decimal places.) (c) Find (or estimate) the P-value. (Round your answer to four decimal places.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Nationally, about 11% of the total U.S. wheat crop is destroyed each year by hail.† An insurance company is studying wheat hail damage claims in a county in Colorado. A random sample of 16 claims in the county reported the percentage of their wheat lost to hail.
15 | 7 | 7 | 13 | 13 | 20 | 13 | 12 |
5 | 10 | 26 | 22 | 13 | 7 | 11 | 3 |
The sample mean is x = 12.3%. Let x be a random variable that represents the percentage of wheat crop in that county lost to hail. Assume that x has a
(a) What is the level of significance?
Compute the z value of the sample test statistic. (Round your answer to two decimal places.)
(c) Find (or estimate) the P-value. (Round your answer to four decimal places.)
(c) Find (or estimate) the P-value. (Round your answer to four decimal places.)
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