Consequences of making a type error

Assignment Help Basic Statistics
Reference no: EM131538006

1. A Call-center claims that the average time a customer waits on hold is less than 5 minutes. To test this claim, a random sample of 35 customer calls is selected. The average wait time for the sample is 4.78 minutes with a sample standard deviation of 1.8 minutes. Test the company's claim at a 5% level of significance. What is your conclusion?

2. A government agency claims that more than 50% of U.S. tax returns were filed electronically last year. To test this claim, a random sample of 150 tax returns was selected and it showed that 86 were filed electronically. Test the claim at a 5% level of significance. What is the p-value for this test? What is your conclusion?

3. A tire manufacturer produces tires that are believed to have a mean life of at least 35,000 miles when the production process is working correctly. Based on past experience, the population standard deviation of the lifetime of the tires is 4,500 miles. Assume a level of significance for testing of 5%, and a random sample of 35 tires:

A) What would be the consequences of making a Type II error in this problem?

B) Compute the Probability of making a Type II error if the true population mean is 33,000 miles.

Reference no: EM131538006

Questions Cloud

Performance decreases with increased arousal : For each of the following, indicate whether it is a positive linear, negative linear, or nonlinear relationship:
Write a well-thought-out reflective statement : Write a well-thought-out reflective statement about how this assignment influenced your personal, academic development.
Closeness of yscores to the regression line : As the value of r approaches ±1, what does it indicate about the following? (a) The consistency in the X-Y pairs; (b) the variability of the Y scores at each X
Prepare a balance sheet after the completion of transactions : It was decided to issue a further 3,000 Ordinary Shares at a premium of 10/- per share for cash and to redeem at par the Redeemable.
Consequences of making a type error : A) What would be the consequences of making a Type II error in this problem? B) Compute the Probability of making a Type II error if the true population mean.
Drove change in the om environment : Briefly discuss those key factors that drove change in the OM environment in which you work.
Set out and close off the ledger accounts : Karnatic Ltd. has issued £500,000 of Debentures at par on the condition that it opens up and invests a Sinking Fund. During the life of the fund the annual.
Write an organized essay that explores the norm you violated : Write an organized essay that explores the norm you violated, how you felt while being deviant and the reactions you received while you were violating the norm.
A cause and effect diagram : Explain what you did and what a company would use this tool in their TQM efforts.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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