Economics 262, economics, Microeconomics


A recent national survey found that high school students watched an average (mean) of 7.2 DVDs per month with a population standard deviation of .90. A random sample of 35 college students revealed that the mean number of DVDs watched last month was 6.20. At the .05 significance level, can we conclude that college students watch fewer DVDs a month than high school students?

a)State the null hypothesis and the alternate hypothesis.

b)State the decision rule.
Posted Date: 2/8/2012 10:12:49 PM | Location : United States







Related Discussions:- Economics 262, economics, Assignment Help, Ask Question on Economics 262, economics, Get Answer, Expert's Help, Economics 262, economics Discussions

Write discussion on Economics 262, economics
Your posts are moderated
Related Questions
Economic Value to Customer Economic Value to Customer = EVC x = [LifeCycle costs of a competitor's product in relation to a home firm] - [Start-up Costs for the home fir

Given the following demand and total cost functions for a firm P = 4500 - 0.5Q 2                     TC = 1.5Q 3 - 50Q 2 + 1000   i) the marginal profit function

Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commodi

Ask qdescribe average and marginal revenue under imperfect competitionuestion


In this part, use the results for market demand for short-run and long run market supply of good x1 obtained in parts one and two. When a change (e.g. income or taxes) is introduce


GROWTH OF PRODUCTION: The performance of Indian agriculture during more than half a century of planned economic development can be broadly characterised by three distinct phas

what is an iso curve

the prevalence of excess capacity is the direct consequence of the existence of monopolistic competition