MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Topic Video
Question
The average retirement age in America is 64 years old. Do small business owners retire at a younger average age? The data below shows the results of a survey of small business owners who have recently retired. Assume that the distribution of the population is normal.
63, 54, 69, 69, 53, 53, 71, 51, 61, 60, 69, 54
What can be concluded at the the a = 0.01 significance level
What is the test statistic and the p value?
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 2 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
- Check Imagearrow_forwardA p-value smaller than the significance level, a means.... O the statistic is unlikely/unusual/unexpected in the distribution O the statistic is likely/usual/expected in the distributionarrow_forward2. The test scores of 16 students are listed below: 44, 46, 51, 57, 60, 63, 65, 70, 75, 76, 85, 87, 90, 94, 95, 97. (c) Find the third quartile of the above data. 87 88.5 57 58.5arrow_forward
- kshe The height of women ages 20-29 is normally distributed, with a mean of 64.6 inches. Assume o = 2.9 inches. Are you more likely to randomly select 1 woman with a e score les (fo height less than 66.4 inches or are you more likely to select a sample of 30 women with a mean height less than 66.4 inches? Explain. E . Click the icon to view page 1 of the standard normal table. signme ee score A Click the icon to view page 2 of the standard normal table. radeboc What is the probability of randomly selecting 1 woman with a height less than 66.4 inches? e score mail O (Round to four decimal places as needed.) What is the probability of selecting a sample of 30 women with a mean height less than 66.4 inches? Text (Round to four decimal places as needed.) Accessibl Resource Are you more likely to randomly select 1 woman with a height less than 66.4 inches or are you more likely to select a sample of 30 women with a mean height less than 66.4 inches? Choose the correct answer below. Tools…arrow_forwardJust part B pleasearrow_forwardHelp please week 12arrow_forward
- Find the test statistic Find critical value Is there sufficient evidence to conclude that there is a difference in the mean rating of the pens following exposure to five advertisements? Is there significant evidence that Ad A and Ad B differ in mean ratings? Is there significant evidence that Ad A and Ad C differ in mean ratings? Is there significant evidence that Ad A and Ad D differ in mean ratings? Is there significant evidence that Ad A and Ad E differ in mean ratings? Is there significant evidence that Ad B and Ad C differ in mean ratings? Is there significant evidence that Ad B and Ad D differ in mean ratings? Is there significant evidence that Ad B and Ad E differ in mean ratings? Is there significant evidence that Ad C and Ad D differ in mean ratings? Is there significant evidence that Ad C and Ad E differ in mean ratings? Is there significant evidence that Ad D and Ad E differ in mean ratings? At the 0.01 level of significance, is there evidence of a difference in the…arrow_forwardWhat are the population parameters? Pick one: The difference in the sample sizes The difference in the two sample means The mean time spent for all test-takers before and after tutoring The mean time spent for all test-takers before and after tutoring combined Does sufficient or insufficient evidence exist?arrow_forwardPerforming a statistical analysis on managers and employees, and we need to determine whether the data is "significant" enough to consider the two groups to have different levels of desirability. How is the level of significance, p = 0.05, set?arrow_forward
- Mean = 64.57 median = 64.50 mode = 64.09 comment on the shape of the distribution. Give reasons for your answer.arrow_forwardThe data below give the wait time in seconds for a random sample of callers when calling a local pizza restaurant. {66, 37, 4, 47, 12, 16, 62, 12, 21, 25, 49, 3} a. What is the point estimate for the average wait time for callers? b. Verify conditions for using this sample to predict population mean of wait times. Estimate the mean wait time for all callers to this restaurant, with 90% confidence. Write your answer as a sentence. C. d. Estimate the standard deviation of wait times for all callers to this restaurant, with 90% confidence. Write your answer as a sentence. (You do not need to check requirements.)arrow_forwardSample(Prefers) 7. 6 5 3. 2. -1 -0.5 0 0.5 1.5 Sample(IAT-Weight-Score) A. Do the boxplots suggest that the samples come from populations with different means? Briefly explain.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
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