Time 17 11 12 23 20 23 15 16 23 22 18 23 25 14 12 12 20 18 12 19 11 11 20 21 11 18 14 13 13 19 16 10 22 18 23 from the table above, Fowle Marketing research, inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file named Fowle. Based upon past studies, the population standard deviation is assumed known with 4 minutes. Is the premium rate justified? Formulate the null and alternative hypotheses for this application. Compute the value of the test statistic. What is the p-value? At alpha = 0.01, what is your conclusion
Time 17 11 12 23 20 23 15 16 23 22 18 23 25 14 12 12 20 18 12 19 11 11 20 21 11 18 14 13 13 19 16 10 22 18 23 from the table above, Fowle Marketing research, inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file named Fowle. Based upon past studies, the population standard deviation is assumed known with 4 minutes. Is the premium rate justified? Formulate the null and alternative hypotheses for this application. Compute the value of the test statistic. What is the p-value? At alpha = 0.01, what is your conclusion
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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from the table above, Fowle Marketing research, inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file named Fowle. Based upon past studies, the population standard deviation is assumed known with 4 minutes. Is the premium rate justified?
Formulate the null and alternative hypotheses for this application. Compute the value of the test statistic. What is the p-value? At alpha = 0.01, what is your conclusion?
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