Homework Help is Here – Start Your Trial Now!
Math
Statistics
The HR manager of an organization is bargaining to get a new dental insurance plan. He claims that the yearly family dental expenses of its employees exceeds AED 20000. A random sample of 16 employees reveals that the average family dental expenses is AED 20500 and the standard deviation is AED 600. Assuming normality of the yearly family dental expenses, at 5% significance level can we support the manager's claim? (1) State the hypotheses. (2) Check the assumptions of the test and compute the test statistic (Round your answer to three decimal place). (3) Find the p- value (Round your answer to three decimal places). (4) Make a decision and state the conclusion.

The HR manager of an organization is bargaining to get a new dental insurance plan. He claims that the yearly family dental expenses of its employees exceeds AED 20000. A random sample of 16 employees reveals that the average family dental expenses is AED 20500 and the standard deviation is AED 600. Assuming normality of the yearly family dental expenses, at 5% significance level can we support the manager's claim? (1) State the hypotheses. (2) Check the assumptions of the test and compute the test statistic (Round your answer to three decimal place). (3) Find the p- value (Round your answer to three decimal places). (4) Make a decision and state the conclusion.

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
See similar textbooks
icon
Related questions
Question
I need solve this question prefect
The HR manager of an organization is bargaining to get a new dental insurance plan. He claims that the yearly family dental expenses of its employees exceeds AED 20000. A random sample of 16 employees reveals that the average family dental expenses is AED 20500 and the standard deviation is AED 600. Assuming normality of the yearly family dental expenses, at 5% significance level can we support the manager's claim? (1) State the hypotheses. (2) Check the assumptions of the test and compute the test statistic (Round your answer to three decimal place). (3) Find the p- value (Round your answer to three decimal places). (4) Make a decision and state the conclusion.
Transcribed Image Text:The HR manager of an organization is bargaining to get a new dental insurance plan. He claims that the yearly family dental expenses of its employees exceeds AED 20000. A random sample of 16 employees reveals that the average family dental expenses is AED 20500 and the standard deviation is AED 600. Assuming normality of the yearly family dental expenses, at 5% significance level can we support the manager's claim? (1) State the hypotheses. (2) Check the assumptions of the test and compute the test statistic (Round your answer to three decimal place). (3) Find the p- value (Round your answer to three decimal places). (4) Make a decision and state the conclusion.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS