MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- You may need to use the appropriate appendix table or technology to answer this question. According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 65 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively. (d) Repeat the preceding hypothesis test using the critical value approach. State the null and alternative hypotheses. (Enter != for ≠ as needed.) H0: Ha: Find the value of the test statistic. (Round your answer to three decimal places.) State the critical values for the rejection rule. Use ? = 0.05. (Round your answers to three decimal places. If the test is one-tailed, enter NONE for the unused tail.)…arrow_forwardA retail store started a new inventory system on January 1, 2019. The loss prevention manager compared the number of units that were missing from each month's inventory in 2018 with the number of units that were missing from each month's inventory in 2019. The results are provided in the table below. 2018 2019 87 7171 79 75 91 67 78 76 82 68 75 65 88 72 86 75 83 64 77 70 89 73 83 63 What conclusion could be made using the median and interquartile range from the data? The median for 2018 is 83, which is greater than 70.5, the median for 2019. The interquartile range for 2018 is 9, which is greater than the interquartile range for 2019, 8. The median for 2018 is 6969, which is less than 82.5, the median for 2019. The interquartile range for 2018 is 8.5, which is the same as the interquartile range for 2019. The median for 2018 is 83, which is greater than 71, the median for 2019. The interquartile range for 2018 is 16, which is greater…arrow_forwardSuppose you are interested in testing whether the mean earning of men in California differs significantly from the mean earning of men in New York. If the number of men from California in the sample is 123 and the number of men from New York in the sample is 88, how many degrees of freedom are there?arrow_forward
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