Calculate the p value for this test

Assignment Help Accounting Basics
Reference no: EM13951145

A pharmaceutical manufacturer is concerned that the mean impurity concentration in pills should not exceed 2%. It is known that impurity concentrations follow a normal distribution with a population standard deviation 0.32%. A random sample of 64 pills from a production run was checked, and the sample mean impurity concentration was found to be 2.05%.

a) Test at the 5% level the null hypothesis that the population mean impurity concentration is 2% or less against the alternative that it is more than 2%.

b) Calculate the p-value for this test?

Reference no: EM13951145

Questions Cloud

Define the term conflict : Define the term "conflict" and describe how it impacts the negotiation process. Your explanation should include the 4 levels of conflict and the dysfunctions that conflict can create. In your response, you need to also provide your opinion as to w..
What is the role of statistical analysis in simulation : How do pseudo-random numbers affect the accuracy of a simulation?
Tool for project planning and scheduling : You need to select a tool for project planning and scheduling from various tools available in the market. What factors would you consider in selecting the most appropriate software tool for your company? Based on the stated factors, how will you c..
Discuss the business ethics to promote ethical behaviour : Discuss the business ethics (concept, common issues, ethical decision factors), actions to promote ethical behavior, social responsibility (concept/dimensions, consumerism), and the business legal environment (source of law, resolution of disputes..
Calculate the p value for this test : Test at the 5% level the null hypothesis that the population mean impurity concentration is 2% or less against the alternative that it is more than 2%.
Security and privacy in the 21st century : Read the following article and describe the issues associated with using social media networks. Then describe privacy and security consequences that might occur, especially when using the social media networks inappropriately.
Use the encase software or digital forensics framework : Compare and contrast systems forensic uses of the military, law enforcement agencies, and private corporations. Determine which of these groups has the greatest need for systems forensics and what issues may arise if adequate forensics operations ..
Indicate how you would measure the variable : Identify and list the variables for analysis required to address the question/problem. For each variable, indicate how you would measure the variable (just list a few typical values, and the maximum and minimum values if the variable is quantitati..
Write a c program that takes an integer argument : Write a C program that takes an integer argument from the command line and outputs the sum of all digits of the integer. For example, the result of the invocation sum of digits 12345 should be 15.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The production process is straightforward first the blank

r-tunes inc. is in the business of developing promoting and selling musical talent online and with compact discs cds.

  Pimary function or purpose of descriptive statistics

What is the primary function or purpose of descriptive statistics?  Summari Explanation: In other words, descriptive statistics is all about making sense of complex data.

  Functional currency of a foreign subsidiary

Which of the following is the primary factor in determining the functional currency of a foreign subsidiary?

  If you are a preferred stockholder of a company that has

as a preferred stockholder you are entitled to numerous preferences and privileges over common stockholders. if you are

  Nitkse company purchased at a cost of 10500 and used 3500

nitkse company purchased at a cost of 10500 and used 3500 kg of materials during may. nitkses standard cost of

  Calculate the total overhead cost to be applied to each

the splash makes large fiberglass swimming pools and uses machine hours and direct labor hours to apply overhead in the

  Leslie a widow died on october 31 2012 leslie had never

leslie a widow died on october 31 2012. leslie had never made any taxable gifts during her lifetime. on her death she

  Describing cash flows from operating activities

In a statement of cash flows in which operating activities are reported by the direct method, which of the following would increase reported cash flows from operating activities?

  Acc 204 homework assignment 5 aragon company manufactures

acc 204 homework assignment 5 aragon company manufactures a product and sells it for 120 per unit. the total fixed

  Product a has a sales price of 10 per unit based on a

1 jamesway corporation has two seperate divisions that operate as profit centers. the following information is

  Determine the amount of expenses

Determine the amount of expenses Walton will report relataive to the lease for 2011 and the amount of revenue Mullen will report for the same period.

  How much of this annuity income is included

Sam, a calendar year taxpayer, purchased an annuity contract for $3,600 that would pay him $120 a month beginning on January 1, 2011. His expected return under the contract based on his life expectancy is $10,800.

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