Can value be rejected if survey of homes yields lawn mowers

Assignment Help Basic Statistics
Reference no: EM13156369

A nationwide study of homeowners revealed that 64% have one or more lawn mowers. A lawn equipment manufacturer feels the estimate is too low for households in British Columbia. Can the value 0.64 be rejected if a survey of 490 homes in BC yields 331 with one or more lawn mowers? Use α = 0.05.

Reference no: EM13156369

Questions Cloud

Investigation of the reaction between copper ions : what would be the chemical equation to this problem? In an investigation of the reaction between copper(II) ions, Cu2+, and hydrazine, N2H4, in alkaline conditions the following observations were made: 25 mL of a solution containing 25 g/L CuSO4.5..
Accounting records to the acquired asset : Equipment with an estimated market value of 75,000 is offered for sale at 95,000. the equipment is acquired for 30,00 in cash and a not payable of 50,000 due in 30 days the amount used in the buyers accounting records to the acquired asset is what..
Research on brain development : Explain how this research on brain development can be of use to child development professionals as a group and to your own future work with young children and families.
Explain alkenes can have cis-trans isomerism : .Alkenes can have cis-trans isomerism. b.Alkenes are chemically reactive at the double bond. c.Alkenes are nonpolar compounds. d.Alkenes are less dense than water
Can value be rejected if survey of homes yields lawn mowers : Estimate is too low for households in British Columbia. Can the value 0.64 be rejected if a survey of 490 homes in BC yields 331 with one or more lawn mowers?
Gain and net reduction in retained earnings : On that date, when the market price of Matile was $14 per share, there were 270,000 shares of Stinson outstanding. What gain and net reduction in retained earnings would result from this property dividend?
What is expected amount of return investment will produce : Assume that an investment is forcasted to produce the following returns: a 20% probability of a $1200 return; 50% probabilty of a $5600 return and 30% probabilty of $9500 return. What is the expected amount of return this investment will produce?
Why is timing not so critical with h2s readings : As mentioned in the theory, the fermentation readings with KIA must take place between 18 and 24 hours after inoculation.Why is timing not so critical with H2S readings?
Deduction for organizational expenses : Assume Coral Corporation makes an appropriate and timely election under § 248. What is Coral's deduction for organizational expenditures for 2010?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the optimal solution if annual return for oil changes

What is the optimal solution if the annual return for U.S. Oil changes from $3 to $8 per share (everything else stays the same)? What is the value of the total return?

  Forecasted value through exponential smoothing method

Use simple exponential smoothing with α = 0.3 to forecast battery sales for February through May. Assume that the forecast for January was for 22 batteries.

  How many people be sampled according age distribution

A researcher is conducting proportionate stratified random sampling with a sample size of 250. Approximately how many people should be sampled from each stratum?

  Determining standardized form-normal distribution

For some positive value of Z, the probability that a standard normal variable is between 0 and Z is 0.3770. Find value of Z? For some value of Z, the probability that a standard normal variable is below Z is 0.2090. Find value of Z?

  What values does population distribution describe

What is the population? What values does the population distribution describe? What is this distribution? What values does the sampling distribution of x describe? What is the sampling distribution?

  Hypotheses to determine the perfect adjustment

Formulate the hypotheses to determine whether or not the lathe is in perfect adjustment.

  Determine independent variable and dependent variable

When an experiment is conducted, one variable is manipulated to see the impact on another variable -- that's why experiments address causation.

  Test whether the average cycle of sleeping and waking

Test whether the average cycle of sleeping and waking differs significantly from 24 hours.

  Determine the sample size for poll

That's a much larger sample than standard sample surveys. In spite, we cannot trust result to give good information about any clearly defined population. Explain why?

  Performing a regression on the data

Furthermore, you could also perform a regression on the data so you have a model with which you can predict other people's IQs based on their mother's IQ.

  Determine if reject or fail to reject the null hypothesis

Determine if you would reject or fail to reject the null hypothesis in each of the following cases: (a) z=1.06 (b) z=2.06 (c) A z score beyond which 7% of the data fall in each tail.

  Area and visiting other state are dependent

Out of 1000 people surveyed, 600 belonged to urban areas and rest to rural areas. Among 500 who visited other states , 400 belonged to urban areas. Test 5 % level of significance whether area and visiting other state are dependent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd