Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 12, Problem 4P
a.
To determine
State the hypotheses.
b.
To determine
The decision rule.
c.
To determine
Find the decision.
d.
To determine
Interpret the context of the study.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
According to one investigator's model, the data are like 400 draws made at random from a large box. The null hypothesis says that the average of the box equals 50; the alternative says that the average of the box is more than 50. In fact, the data averaged out to 52.7, and the SD was 25. Compute z:
part a is identifying the claim and stating H0 & Ha.
MEDICO Corporation makes several portable electronic devices used in hospitals. Some of these products require rechargeable batteries that MEDICO purchases from various suppliers. Although they try to find them at the best price, they must also consider the quality. In one case, two suppliers were being considered, and batteries were selected from various purchase dates. A test was run on the time the batteries would last in a certain device before it had to be recharged. The results are given in the table below.
Sample Statistics for Survey of Batteries
Supplier
Number of Batteries Used in Test
Mean Life
Standard Deviation
Power+
45
24 hours
5.1 hours
Electro
61
22 hours
2.6 hours
a) Set up the null and alternative hypotheses to see if the data supports the conclusion that the rechargeable batteries sold by Power+ last longer. b) Check the conditions. c) Calculate the test statistic. d) Find the p-value. e) Using α = 0.05, state your conclusion in…
Chapter 12 Solutions
Statistical Techniques in Business and Economics
Ch. 12 - Steele Electric Products Inc. assembles cell...Ch. 12 - What is the critical F value when the sample size...Ch. 12 - Prob. 2ECh. 12 - Prob. 3ECh. 12 - Prob. 4ECh. 12 - Prob. 5ECh. 12 - Prob. 6ECh. 12 - Prob. 2SRCh. 12 - Prob. 7ECh. 12 - Prob. 8E
Ch. 12 - Prob. 9ECh. 12 - Prob. 10ECh. 12 - Prob. 3SRCh. 12 - Prob. 11ECh. 12 - The following are six observations collected from...Ch. 12 - Prob. 13ECh. 12 - Prob. 14ECh. 12 - Prob. 4SRCh. 12 - Prob. 15ECh. 12 - For exercises 15 and 16, conduct a test of...Ch. 12 - Prob. 17ECh. 12 - Prob. 18ECh. 12 - Prob. 5SRCh. 12 - Prob. 19ECh. 12 - Prob. 20ECh. 12 - Prob. 21ECh. 12 - Prob. 22ECh. 12 - Prob. 23CECh. 12 - Prob. 24CECh. 12 - Prob. 25CECh. 12 - Prob. 26CECh. 12 - In an ANOVA table, the MSE is equal to 10. Random...Ch. 12 - Prob. 28CECh. 12 - Prob. 29CECh. 12 - Prob. 30CECh. 12 - Prob. 31CECh. 12 - Prob. 32CECh. 12 - Prob. 33CECh. 12 - Prob. 34CECh. 12 - Prob. 35CECh. 12 - Prob. 36CECh. 12 - Prob. 37CECh. 12 - Prob. 38CECh. 12 - Prob. 39CECh. 12 - Prob. 40CECh. 12 - Prob. 41CECh. 12 - Prob. 42CECh. 12 - Prob. 43CECh. 12 - Prob. 44CECh. 12 - Prob. 45CECh. 12 - Prob. 46CECh. 12 - Prob. 47CECh. 12 - Prob. 48CECh. 12 - Prob. 50DACh. 12 - Prob. 51DACh. 12 - Prob. 1PCh. 12 - Prob. 2PCh. 12 - Prob. 3PCh. 12 - Prob. 4PCh. 12 - Prob. 5PCh. 12 - Prob. 6PCh. 12 - Prob. 7PCh. 12 - Prob. 1CCh. 12 - Prob. 2CCh. 12 - Prob. 1.1PTCh. 12 - The likelihood of rejecting a true null hypothesis...Ch. 12 - Prob. 1.3PTCh. 12 - Prob. 1.4PTCh. 12 - Prob. 1.5PTCh. 12 - Prob. 1.6PTCh. 12 - In a two-tailed test, the rejection region is...Ch. 12 - Prob. 1.8PTCh. 12 - Prob. 1.9PTCh. 12 - Prob. 1.10PTCh. 12 - Prob. 2.1PTCh. 12 - Prob. 2.2PTCh. 12 - Prob. 2.3PT
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
- The director of research and development is testing a new drug. She wants to know if there is evidence at the 0.02 level that the drug stays in the system for more than 382 minutes. After performing a hypothesis test, she decides to reject the null hypothesis.arrow_forwardA recent study claims that 40% of registered voters associate themselves with Democrats. 35% with Republicans, 20% Independent, 3% Green party, and 2% with Social democrats. In a sample of 400 individuals, we observed 200 Democrats 150 Republicanse 25 Independente 15 Green Partye 10 Social Democrats Test the claim at a=0.05.earrow_forwardPeter is conducting an experiment to determine whether a new medication is effective in reducing swelling. He gets 1,500 volunteers with swelling and divides them into two groups. The control group does not receive any medication; the treatment group receives the medicationThe patients in the treatment group show reduced signs of swelling. What can Peter conclude from this experiment?arrow_forward
- A recent drug survey showed an increase in use of drugs and alcohol among local high school seniors as compared to the national percent. Suppose that a survey of 100 local seniors and 100 national seniors is conducted to see if the percentage of drug and alcohol use is higher locally than nationally. Locally, 65 seniors reported using drugs or alcohol within the past month, while 62 national seniors reported using them. Conduct a hypothesis test at the 5% level.NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) What is the test statistic? (Round your answer to two decimal places.)arrow_forwardHelp me with part b and carrow_forwardA buyer for a grocery chain inspects large truckloads of apples to determine the proportion p of apples in the shipment that are rotten. She will only accept the shipment if there is convincing evidence that this proportion is less than 0.06. She selects a sample of 200 apples near the tailgate from the over %3D 20,000 apples on the truck to test the hypotheses Ho: p = 0.06, Ha: p < 0.06. Which of the following conditions for inference have not been met in this situation? The data are a random sample from the population of interest. np 2 10 and n(1 - p) 210 More than one condition is violated. The sample size is less than 10% of the population size. The population distribution is approximately Normal.arrow_forward
- In an effort to link cold environments with hypertension in humans, a preliminary experiment was conducted to investigate the effect of cold on hypertension in rats. Two random samples of 6 rats each were exposed to different environments. One sample of rats was held in a normal environment at 26°C. The other sample was held in a cold 5°C environment. Blood pressures and heart rates were measured for rats for both groups. The blood pressures for the 12 rats are shown in the table below. a. Provide a 95% confidence interval on the difference in the two population meansb. Do the data provide sufficient evidence that rats exposed to a 5°C environment have a higher mean blood pressure than rats exposed to a 26°C environment? Use α = 0.05arrow_forwardIn the Chernobyl nuclear accident it is estimated that 30,000 people received an average dose of 45 REM. For this population, using the linear hypothesis, how many "normal" deaths from cancer are expected and how many additional deaths from the radiation of the accident? Group of answer choices 500 normal, 6000 additional 1000 normal, 4000 additional 2000 normal, 3000 additional 4000 normal, 1000 additional 6000 normal, 500 additionalarrow_forwardA recent drug survey showed an increase in use of drugs and alcohol among local high school seniors as compared to the national percent. Suppose that a survey of 100 local seniors and 100 national seniors is conducted to see if the percentage of drug and alcohol use is higher locally than nationally. Locally, 68 seniors reported using drugs or alcohol within the past month, while 63 national seniors reported using them. Conduct a hypothesis test at the 5% level.NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) State the distribution to use for the test. (Round your answers to four decimal places.)arrow_forward
- Some people seem to believe that you can fix anything with duct tape. Even so, many were skeptical when researchers announced that duct tape may be a more effective and less painful alternative than liquid nitrogen, which doctors routinely use to freeze warts. An article described a study conducted at a medical center. Patients with warts were randomly assigned to either the duct tape treatment or the more traditional freezing treatment.Those in the duct tape group wore duct tape over the wart for 6 days, then removed the tape, soaked the area in water, and used an emery board to scrape the area. This process was repeated for a maximum of 2 months or until the wart was gone. Data consistent with values in the article are summarized in the following table. Treatment n Number with WartSuccessfully Removed Liquid nitrogen freezing 100 60 Duct Tape 103 88 Do these data suggest that freezing is less successful than duct tape in removing warts? Test the relevant hypotheses using…arrow_forwardSome people seem to believe that you can fix anything with duct tape. Even so, many were skeptical when researchers announced that duct tape may be a more effective and less painful alternative than liquid nitrogen, which doctors routinely use to freeze warts. An article described a study conducted at a medical center. Patients with warts were randomly assigned to either the duct tape treatment or the more traditional freezing treatment. Those in the duct tape group wore duct tape over the wart for 6 days, then removed the tape, soaked the area in water, and used an emery board to scrape the area. This process was repeated for a maximum of 2 months or until the wart was gone. Data consistent with values in the article are summarized in the following table. Treatment n Number with WartSuccessfully Removed Liquid nitrogen freezing 103 60 Duct Tape 101 88 Do these data suggest that freezing is less successful than duct tape in removing warts? Test the relevant hypotheses using…arrow_forwardSome people seem to believe that you can fix anything with duct tape. Even so, many were skeptical when researchers announced that duct tape may be a more effective and less painful alternative than liquid nitrogen, which doctors routinely use to freeze warts. An article described a study conducted at a medical center. Patients with warts were randomly assigned to either the duct tape treatment or the more traditional freezing treatment. Those in the duct tape group wore duct tape over the wart for 6 days, then removed the tape, soaked the area in water, and used an emery board to scrape the area. This process was repeated for a maximum of 2 months or until the wart was gone. Data consistent with values in the article are summarized in the following table. Treatment Z = Liquid nitrogen freezing Duct Tape USE SALT n 106 100 Number with Wart Successfully Removed 60 88 .) Do these data suggest that freezing is less successful than duct tape in removing warts? Test the relevant hypotheses…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 Inc
Probability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage Learning
Statistics 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:PEARSON
The Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. Freeman
Introduction 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
Hypothesis Testing - Solving Problems With Proportions; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=76VruarGn2Q;License: Standard YouTube License, CC-BY
Hypothesis Testing and Confidence Intervals (FRM Part 1 – Book 2 – Chapter 5); Author: Analystprep;https://www.youtube.com/watch?v=vth3yZIUlGQ;License: Standard YouTube License, CC-BY