Statistics for Business & Economics, Revised (MindTap Course List)
12th Edition
ISBN: 9781285846323
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 18.5, Problem 35E
A national study by Harris Interactive, Inc., evaluated the top technology companies and their reputations. The following shows how 10 technology companies ranked in reputation and how the companies ranked in percentage of respondents who said they would purchase the company’s stock. A
| Company | Reputation | Stock Purchase |
| Microsoft | 1 | 3 |
| Intel | 2 | 4 |
| Dell | 3 | 1 |
| Lucent | 4 | 2 |
| Texas Instruments | 5 | 9 |
| Cisco Systems | 6 | 5 |
| Hewlett-Packard | 7 | 10 |
| IBM | 8 | 6 |
| Motorola | 9 | 7 |
| Yahoo | 10 | 8 |
- a. Compute the rank correlation between reputation and stock purchase.
- b. Test for a significant positive rank correlation. What is the p-value?
- c. At α = .05, what is your conclusion?
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9.2 Testing the Mean mu:
Problem 3
(1 point)
Test the claim that the population of sophomore college
students has a mean grade point average greater than 2.2.
Sample statistics include n = 71, x = 2.44, and s = 0.9.
Use a significance level of a = 0.01.
The test statistic is
The P-Value is between :
The final conclusion is
< P-value <
A. There is sufficient evidence to support the claim that
the mean grade point average is greater than 2.2.
○ B. There is not sufficient evidence to support the claim
that the mean grade point average is greater than 2.2.
Note: You can earn partial credit on this problem.
Note: You are in the Reduced Scoring Period. All work counts for
50% of the original.
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Chapter 18 Solutions
Statistics for Business & Economics, Revised (MindTap Course List)
Ch. 18.1 - The following hypothesis test is to be conducted....Ch. 18.1 - Ten individuals participated in a taste test...Ch. 18.1 - The median number of part-time employees at...Ch. 18.1 - Net assets for the 50 largest stock mutual funds...Ch. 18.1 - The median annual income of subscribers to...Ch. 18.1 - The median annual income for families living in...Ch. 18.1 - Prob. 7ECh. 18.1 - A Pew Research Center survey asked adults if their...Ch. 18.1 - A poll taken during the recession in 2008 asked...Ch. 18.1 - Prob. 10E
Ch. 18.1 - Competition in the personal computer market is...Ch. 18.2 - Two fuel additives are tested to determine their...Ch. 18.2 - A sample of 10 men was used in a study to test the...Ch. 18.2 - Percents of on-time arrivals for flights in the...Ch. 18.2 - A test was conducted for two overnight mail...Ch. 18.2 - The PGA Players Championship was held at the...Ch. 18.2 - The Scholastic Aptitude Test (SAT) consists of...Ch. 18.3 - Two fuel additives are being tested to determine...Ch. 18.3 - Samples of starting annual salaries for...Ch. 18.3 - The gap between the earnings of men and women with...Ch. 18.3 - Prob. 21ECh. 18.3 - Each year Bloomberg Businessweek publishes...Ch. 18.3 - Police records show the following numbers of daily...Ch. 18.3 - A certain brand of microwave oven was priced at 10...Ch. 18.3 - Prob. 25ECh. 18.4 - A sample of 15 consumers provided the following...Ch. 18.4 - Three admission test preparation programs are...Ch. 18.4 - Forty-minute workouts of one of the following...Ch. 18.4 - Cond Nast Traveler magazine conducts an annual...Ch. 18.4 - A large corporation sends many of its first-level...Ch. 18.4 - The better-selling candies are often high in...Ch. 18.5 - Consider the following set of rankings for a...Ch. 18.5 - Prob. 33ECh. 18.5 - Prob. 34ECh. 18.5 - A national study by Harris Interactive, Inc.,...Ch. 18.5 - Prob. 36ECh. 18.5 - A student organization surveyed both current...Ch. 18 - A survey asked the following question: Do you...Ch. 18 - Due to a recent decline in the housing market, the...Ch. 18 - Twelve homemakers were asked to estimate the...Ch. 18 - Prob. 41SECh. 18 - The following data are product weights for the...Ch. 18 - A client wants to determine whether there is a...Ch. 18 - Prob. 44SECh. 18 - Prob. 45SECh. 18 - Prob. 46SECh. 18 - Prob. 47SE
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