State null hypothesis-alternative hypothesis for distances

Assignment Help Basic Statistics
Reference no: EM13156506

Determining null and alternative hypotheses. A car leasing firm's records indicate that the mean number of miles driven annually in its cars has been about 17750 miles. The firm suspects that this number has decreased this past year. Suppose that the firm wishes to choose a small sample of driving distances from the past year and carry out a hypothesis test for its suspicion. State the null hypothesis and the alternative hypothesis that it would use for this test.

 

Reference no: EM13156506

Questions Cloud

Interest revenue record on the lease : The present value of the minimum lease payments is $3,960,000. The lease is appropriately classified as a sales-type lease. Assuming the interest rate for this lease is 10%, how much interest revenue will Princess record in 2012 on this lease?
How many grams of na3po4 will be needed : How many grams of Na3PO4 will be needed to produce 500ml of a solution that has a concentration of Na ions of 0.600M
Scope of benefits and brief administrative section : Create a benefits policy that encompasses the scope of benefits and a brief administrative section to address how benefits will be administered in your organization.
Calculate the molarity of the solution : You dissolve 650.0 g of sugar (C12H22O11) in 726 mL of water. The density of wat is 1.00 g/mL.
State null hypothesis-alternative hypothesis for distances : Firm wishes to choose a small sample of driving distances from the past year and carry out a hypothesis test for its suspicion. State the null hypothesis and the alternative hypothesis that it would use for this test.
Problem regarding cost recovery of a apartment building : Janice acquired an apartment building on June 4,2010, for $1.4 million. the value of the land is $200,000. Janice sold the apartment building on November 29, 2016. a. Determine Janice's cost recovery for 2010 b. Determine Janice's cost recovery for..
What is the mole fraction of ethanol i : what is the mole fraction of ethanol in an aqueous solution that is 46 percent ethanol by mass?
Find probability that company will make a profit each month : With a mean of 805 pairs of jeans and a standard deviation of 207 pairs. What is the probability that the company will make a profit each month?
Determining adiabatic lapse rate : Suppose the dry adiabatic lapse rate is 10 degrees C per 1000 meters and the saturated adiabatic rate is 6 degrees C per 1000 meters. If an atmospheric sounding indicates that the environmental rate is 14 degrees C per 1000 meters on a hot humid s..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Real-world example of an assignment model

Explain the assignment model and how it is similar to a transportation problem. Give a real-world example of an assignment model to describe what is transported where.

  Simple regression analysis

In a simple regression analysis, you notice that the R2 value is low (less than 0.4); however, the standard error is low. What does this tell you about the analysis?

  Probability of weight of quarter

Currently, quarters have weights that are normally distributed with a mean of 5.670 g and a standard deviation of 0.062 g. A vending machine is configured to accept only those quarters with weights between 5.550 g and 5.790 g.

  Conclusion from an anova

Suppose that the conclusion from an ANOVA is that the null hypothesis is rejected, in other words that the 6 population means are not all equal. What should we expect?

  Calculate the appropriate disease frequency rate

Calculate the appropriate disease frequency rate. Show your work. The cumulative incidence rate in a population of 100,000 people where 9 new cases of disease were reported within 1 year.

  Probability concepts and discussion

Define probability and explain its three perspectives. Provide an example of each. Explain the concept of mutually exclusive events. How do you compute the probability P(A or B) when A and B are, and are not, mutually exclusive.

  Confidence interval used to estimate population proportion

Find the sample size for the 95% confidence interval used to estimate the population proportion.

  Compute the unit product cost for one gamelan

Selected data for the company's operations last year follow (all currency values are in thousands of rupiahs):Assume that the company uses absorption costing. Compute the unit product cost for 1 gamelan.

  Find mean number of hours using computer is same

Can we conclude at a 98% level of confidence, that the mean number of hours per day using the computer by students at IUP is the same as the typical student's usage?

  Testing the equality of population means

Find the test statistic value for testing the equality of population means of the two samples.

  Probability that at least sixty are thirty one years of age

If a survey of 100 randomly selected united states residents is to be taken, what is the approximate probability that at least 60 will be under 31 years of age?

  Cpmputing mean of normal probability distribution

Area to right of mean of normal probability distribution is?

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