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Problem-1:
You want to prove that a population mean is not 7. Data is ratio and a large sample size will be used (n = 225). When the sample is done the sample mean is computed to be 7.2 and the sample standard deviation is 1.5. Test the hypothesis using an alpha of 5%. Use formal hypothesis testing and compute the p-value.
Problem-2:
An associate asks for your help in deciphering the following Anova table, indicating that a test of means was performed. Unfortunately the person leaves before you can get any further explanation or detail, but you know the results must be presented before senior staff within twenty minutes!
Use the formal 5-step hypothesis testing model to describe the test.
ANOVA
Source of Variation SS df MS F Statistic P-value F critical
Between Groups 700.0 2 350.0 4.00 0.0288 3.32
Within Groups 2625.0 30 87.5
Total 3325.0 32
Estimate a test statistic for null hypothesis H0: μ = 30 against two-sided alternative hypothesis H1 : μ ≠ 30, and by plotting this on its reference distribution.
You're designing a survey to assess employee satisfaction. Provide a question that will produce: Develop five demographic questions to measure gender, age, years of experience, level of education, and ethnicity.
A human society claims that less than 31% of U.S. households own a dog. In a random sample of 392 U.S. households, 155 say they own a dog. At a=0.03, is there enough evidence to support the society's claim?
An investment counselor would like to meet with 14 of his clients on Wednesday, but he only has time for 10 appointments. How many different combinations of the clients could be considered for inclusion into his limited schedule for that day?
The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.
Choose one time-series describing Airlines and make a line chart. Describe the trend (if any) and discuss possible causes. Fit both a linear and an exponential trend to the data.
Choose three peer C-reviewed research articles and write a short review of each of them that includes the following: Write the problem statement. Name the theoretical model used or briefly describe the overall conceptual model.
What is a probability notation? What are the advantages and disadvantages of using a probability notation? How does probability notation aid in decision making?
Suppose that the lives of all such bulbs have a normal distribution with a mean of 750 hours and a standard deviation of 55 hours. Let x (sample mean) be the mean life of range sample of 25 such bulbs.
Calculate estimated Cohen's d to measure size of treatment effect.
Given that Z is standard normal randam variable. Compute the value of Z if area between –Z and Z is 0.754:
What is the underlying difference between the T-test and the Z-test? Provide an example of nominal information and write a work related survey question that would collect nominal data:
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