Find level of significance of when to reject

Assignment Help Basic Statistics
Reference no: EM13153843

Suppose you want to test the claim that a mean is greater than 25.6, where the population standard deviation is known. Given a sample size of n = 44 and a level of significance of when should you reject?

Reference no: EM13153843

Questions Cloud

S the present value of the futures contract in dollars : Treasury bond futures contract settles at 105'8.  a. What is the present value of the futures contract in dollars? b. If the contract settles at 105-8, are current market interest rates higher or lower than the standardized rate on a futures contract..
How large a sample is needed to be accurate within value : She wants to be 95% confident that her estimate is correct. If the standard deviation is $1050, how large a sample is needed to be accurate within $200?
Managing a diverse workforce : What are the environmental issues that the Organization's management is facing? What strategies are being implemented to adapt to these environments? What other strategies to adapt to these environments, would the team suggest?
Company first-year total income : How much higher (or lower) would the company's first-year net income have been if absorption costing had been used rather than variable costing? Show computations.
Find level of significance of when to reject : Suppose you want to test the claim that a mean is greater than 25.6, where the population standard deviation is known. Given a sample size of n = 44 and a level of significance of when should you reject?
Determine the volume of the balloon : Suppose 108.3 g of hydrogen peroxide decomposes and all of the oxygen gas is collected in a balloon at 1.00 atm and 25oC. Determine the volume of the balloon.
What is average inventory and annual holding cost : Furthermore, it takes about two weeks for an order to arrive from the supplier. What is the average inventory? What is the annual holding cost?
What share price will you receive a margin call? : 1. Suppose you take out a margin loan for $60,000. The rate you pay is an 8.6 percent effective rate. If you repay the loan in six months, how much interest will you pay?
Against the regulation of derivatives : Examine the argument for and against the regulation of derivatives. Suggest at least two (2) reasons the government should or should not regulate the trading of derivatives. Provide a rationale for your suggestions.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Critical value in hypothesis test decision

If absolute value of test statistic is less than critical value in hypothesis test decision is to?

  Control limits and x bar chart

Thirty-two samples of 8 items each were collected from a process. The average sample mean is 12 and the average range is 0.10. The upper and lower control limits, respectively, for an:

  Find probability that all four have nascar as favorite

Among Americans who are auto racing fans, 59% identify NASCAR as their favorite type of racing. What is the probability that all four have NASCAR as their favorite?

  Mcqs-uniform probability

It takes between 6 to 7.5 hours to drive from Panama City to Boquete, and the drive time is uniformly distributed.

  Fit both linear and an exponential trend to the data

Fit both linear and an exponential trend to the data. (d) Which model is preferred? Why? (e) Make a forecast for 2003, using a trend model of your choice (or judgments forecast).

  One-tailed test of null hypothesis

Using data on average school grade for first use. Use the t test to conduct a one-tailed test of the null hypothesis, assuming that the average grade is higher for males than for females

  Are there systematic effects of time remaining after regress

Connect the successive points by line segments to help see the pattern. Are there systematic effects of time remaining after we regress consumption on price?

  Soft drinks a vending machine automatically pours

Soft Drinks a vending machine automatically pours soft drinks into cups. As the amount of soft drink dispensed into a cup is normally distributed

  Appropriate statistical summary

Your customers have been divided into 3 groups. The first group represents 15% of customers, and these customers spent an average of $29.76 last year.

  Find probability that person will contain zero errors

if 30 claims are selected, find the probability that 15 will contain 0 errors, 8 will contain 1 error, 5 will contain two errors and 2 will contain 3 errors.

  Probability that average diameter of sand dollars is more

Find the probability that the average diameter of those sand dollars is more than 4.13 centimeters. Assume that the variable is normally distributed.

  Normal disrtibution of fish lengths

Use normal disrtibution of fish lengths for which the mean is 8 inches and the standard deviation is 5 inches. Assume the variable x is normally distributed.

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