We want to perform a hypothesis test of the statement that the population mean daily profit of a convenience store is more than490. So we record the daily gain for a random sample of days. The sample has a mean of498and a standard deviation of 77. For each of the following sampling cases, choose an appropriate test statistic for the hypothesis test on the population mean. Then calculate that statistic. Round answers to two decimal places. (to) The sample has size 16,and comes from a population that follows a normal distribution with an unknown standard deviation. -0 you It is not clear which test statistic to use. (b) The sample has a size of 100, and comes from a population that does not follow a normal distribution with a known standard deviation of 77. O z = you O It is not clear which test statistic to use.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
We want to perform a hypothesis test of the statement that the population mean daily profit of a convenience store is more than490. So we record the daily gain
for a random sample of days. The sample has a mean of498and a standard deviation of77.
For each of the following sampling cases, choose an appropriate test statistic for the hypothesis test on the population mean. Then calculate that statistic. Round
answers to two decimal places.
(to) The sample has size16,and comes from a population that follows a normal distribution with an unknown standard
deviation.
● z = I
о
you
It is not clear which test statistic to use.
(b) The sample has a size of 100,and comes from a population that does not follow a normal distribution with a known
standard deviation of77.
Z
z=0
o
you
It is not clear which test statistic to use.
X
Ś
Transcribed Image Text:We want to perform a hypothesis test of the statement that the population mean daily profit of a convenience store is more than490. So we record the daily gain for a random sample of days. The sample has a mean of498and a standard deviation of77. For each of the following sampling cases, choose an appropriate test statistic for the hypothesis test on the population mean. Then calculate that statistic. Round answers to two decimal places. (to) The sample has size16,and comes from a population that follows a normal distribution with an unknown standard deviation. ● z = I о you It is not clear which test statistic to use. (b) The sample has a size of 100,and comes from a population that does not follow a normal distribution with a known standard deviation of77. Z z=0 o you It is not clear which test statistic to use. X Ś
Expert Solution
steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman