Findings is that average annual household spending

Assignment Help Operation Management
Reference no: EM1380778

The U.S. Bureau of Labor Statistics released its Consumer Expenditures report in October 2008. Among its findings is that average annual household spending on food at home was $3,624. Suppose a random sample of 137 households in Detroit was taken to determine whether the average annual expenditure on food at home was less for consumer units in Detroit than in the nation as a whole. The sample results are in the file Detroit Eats. Based on the sample results, can it be concluded at the α = 0.02 level of significance that average consumer-unit spending for food at home in Detroit is less than the national average?

A.Because t = -15.7648 is less than the critical t value of -2.0736, do not reject H0.
The annual average consumer unit spending for food at home in Detroit is not less than the 2006 national consumer unit average.

B.Because t = -15.7648 is less than the critical t value of -2.0736, reject H0.
The annual average consumer unit spending for food at home in Detroit is less than the 2006 national consumer unit average.

C.Because t = -13.2314 is less than the critical t value of -1.4126, reject H0.
The annual average consumer unit spending for food at home in Detroit is less than the 2006 national consumer unit average

D.Because t = -13.2314 is less than the critical t value of -1.4126, do not reject H0.
The annual average consumer unit spending for food at home in Detroit is not less than the 2006 national consumer unit average

Reference no: EM1380778

Components is most often neglected by a company

Does the company mention all three components of the triple bottom line? Are any operations functions specifically used as part of its sustainability strategy? Do you feel the

How does mild hypoxia affect airline crew

Write a proposal in maximum 1500 Words for dissertation which is about Mild Hypoxia. Research question is : How does mild hypoxia affect airline crew? or it could be: How does

How they expected to contribute toward desired improvements

From your perspective as a health care professional and/or consumer, summarize two or three of the most important messages of the IOM reports To Err is Human and Crossing th

Outsourcing is huge reason people are not in globalization

Why do you think many people are so frightened by globalization? Based on what is occurring in the world today, do you expect the globalization backlash to grow stronger or we

Calculating number of vats

A machine cell uses 242 pounds of a certain material each day. Material is transported in vats that hold 12 pounds each. Cycle time for the vats is about two hours.

Describe how businesses approach segmenting the market

Describe how businesses approach segmenting the market, and why market segmentation could be an attractive business strategy. Why do businesses segment the market? What approa

Retailer is analyzing survey data on its customer base

A retailer is analyzing survey data on its customer base. The retailer found that 35% of its customers are men, while 10% are North Carolina residents. If 5% of its customers

Describe global supply chain management

Select three of the topics listed and compose three paragraphs describing the topics, one paragraph per selected topic, based on the course material and additional research

Reviews

Write a Review

 
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