+1-415-670-9189
info@expertsmind.com
Making decision using significance level
Course:- Basic Statistics
Reference No.:- EM13148997




Assignment Help
Assignment Help >> Basic Statistics

There are two Chevrolet dealers in Jamestown, New York. The mean monthly sales at Sharkey Chevy and Dave White Chevrolet are about the same. However, Tom Sharkey, the owner of Sharkey Chevy, believes his sales are more consistent. Below is the number of new cars sold at Sharkey in the last seven months and for the last eight months at Dave White. Do you agree with Mr. Sharkey? Use the .01 significance level."

Sharkey 98 78 54 57 68 64 70
Dave White 75 81 81 30 82 46 58 101




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Basic Statistics) Materials
Analyze manufacturing overhead. Develop a comparison of application of manufacturing overhead using a traditional and an ABC approach. Recommend a course of action on how to a
A simple random sample is to be drawn from a population of 1200. To have 90% confidence that the sampling error in estimating p is no more than 0.03
Short Essay:(Value: 25 % of course grade)This assignment may be based on one of the major issues or debates addressed in the module discussions and short writing assignments
Compute the mean and variance of the number of bottles imported. Compute the mean and variance of the number of cigarette cartons imported. Compute the covariance and the coef
Johnny Comlatey has 53% of votes among all voters in two-way race. Probability that newspaper's poll of 380 voters would forecast Johnny Comlatey's opponent the winner is?
Richard Collins, manager and owner of Richard's Tire Service, wishes to use simulation to analyze the operation of his shop. One of the activities to be included in the simu
The speeds of vehicles (in mph) passing through a section of Highway 75 are recorded for a random sample of 150 vehicles and are given below. Test the hypothesis that the sp
Suppose that you want to disprove this claim, believing the actual average is lower, and your random sample of 15 months revealed a sample mean of 2.1 million visits and a s