A survey of 1305 people who took trips revealed that 96 of

Assignment Help Basic Statistics
Reference no: EM13621511

1. A noted psychic was tested for ESP. The psychic was presented with 200 cards face down and was asked to determine if the card was one of 5 symbols: a star, cross, circle, square, or three wavy lines. The psychic was correct in 49 cases. Let p represent the probability that the psychic correctly identifies the symbol on the card in a random trial. Assume the 200 trials can be treated as an SRS from the population of all guesses.

To see if there is evidence that the psychic is doing better than just guessing, we test

H0:p=.2
Ha:p>.2

(a) What is the z-statistic for this test?

(b) What is the P-value of the test?

2. A survey of 1305 people who took trips revealed that 96 of them included a visit to a theme park. Based on those survey results, a management consultant claims that less than 8 % of trips include a theme park visit. Test this claim using the ?=0.01significance level.

(a) The test statistic is:

(b) The P-value is:

Reference no: EM13621511

Questions Cloud

If jungles cost of equity is 16 percent what is the pretax : jungle inc. has a target debt-equity ratio of 0.81. its wacc is 11 percent and the tax rate is 34 percent.requireda if
A recent survey showed that among 850 randomly selected : 1. an article in the washington post on march 16 1993 stated that nearly 45 percent of all americans have brown eyes. a
On the right side of the truss there is 6000 n worth of : there is truss that is an upsidown triangle with two twenty degree angles and is hooked up to four members with pin
Suggest how a financial analyst would determine if the : 1. justify the importance of investment diversification. explain your rationale.2. suggest how a financial analyst
A survey of 1305 people who took trips revealed that 96 of : 1. a noted psychic was tested for esp. the psychic was presented with 200 cards face down and was asked to determine if
The index of refraction for violet light in silica flint : the index of refraction for violet light in silica flint glass is 1.66 and that for red light is 1.62. what is the
The muse co just issued a dividend of 275 per share on its : the muse co. just issued a dividend of 2.75 per share on its common stock. the company is expected to maintain a
On the right side of the truss there is 6000 n worth of : there is truss that is an upsidown triangle with two twenty degree angles and is hooked up to four members with pin
Famas llamas has a weighted average cost of capital of 105 : famas llamas has a weighted average cost of capital of 10.5 percent. the companys cost of equity is 16 percent and its

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability score on mathematics part of sat will be more

Both SAT and ACT scores are normally distributed. What is the probability that a randomly selected high school senior's score on the mathematics part of the SAT will be more than 630?

  Find out the different possibilities for network password

The password of 52 digit sequence is made. It consists of 0 and 1. How various different possibilities exist for networks password.

  The following data are results from a study you recently

question 1 the following data are results from a study you recently completed. calculate the correlation coefficient

  Find probability distribution who end up with correct hat

He is equally likely to select any. Billy leaves last and takes the one remaining hat. Let x be the number of cowboys who end up with the correct hat.

  Margin of error when confidence interval is changed

When a 99% confidence interval is calculated instead of a 90% confidence interval with n being the same, the margin of error will be

  Probability related to blood sample test

To speed up the process in a blood testing procedure, blood samples from 3 people are combined into one mixture. The mixture will on test negative if all individual samples are negative. If the probability than an individual sample tests positive ..

  Find probabilities that the senior owes a given value

The average credit card debt for college seniors is $3,262. If the debt is normally distributed with a standard deviation of $400, find probabilities. that the senior owes at least $1,000

  If the distribution of the original measurements is not

an internet server conducted a survey of 400 of its customers and found that the average amount of time spent online

  Probability of size of lobster catch

In a particular region of Rhode Island, it is known that fisherman's trap on average of 32 pounds of lobster per day with a standard deviation of four pounds.

  Conclude college students watch less videos per month

With a standard deviation of 0.5. At a .05 significance level, can we conclude college students watch fewer videos per month than high school students?"

  Example of a design that has three confounds

What are confounds? Give an example of a design that has three confounds. Describe three ways to alter the design to address these confounds and explain the advantages and disadvantages of each.

  I 2000 277 of incoming freshmen characterized their

question in 2000 27.7 of incoming freshmen characterized their political views as liberal 51.9 as moderate and 20.4 as

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