The observed value of the test statistic

Assignment Help Basic Statistics
Reference no: EM131137694

With reference to Example 1, verify that the P-value corresponding to the observed value of the test statistic is 0.0046.

Example 1

Suppose that it is known from experience that the standard deviation of the weight of 8-ounce packages of cookies made by a certain bakery is 0.16 ounce. To check whether its production is under control on a given day, that is, to check whether the true average weight of the packages is 8 ounces, employees select a random sample of 25 packages and find that their mean weight is  = 8.091 ounces. Since the bakery stands to lose money when μ > 8 and the customer loses out when μ  8 at the 0.01 level of significance.

Reference no: EM131137694

Questions Cloud

The sample data shown in the following table : Determine, on the basis of the sample data shown in the following table, whether the true proportion of shoppers favoring detergent A over detergent B is the same in all three cities:
Where on the as curve the united state demand curve is : Where on the AS curve do you think the United State's demand curve is? -  Where was it 8 years ago?
Determine the over or under applied amount for the year : The Winston Company estimates that the factory overhead for the following year will be $1,250,000. Determine the over or under applied amount for the year
Why is a self-evaluation a valuable tool and why : Why is a self-evaluation a valuable tool and why? How is your attitude at work? What other ways is self-evaluation helpful? How can positive employees help in self-evaluations?
The observed value of the test statistic : Suppose that it is known from experience that the standard deviation of the weight of 8-ounce packages of cookies made by a certain bakery is 0.16 ounce.
Develop a uml system sequence diagram for the use case : create an UML activity diagram for the use case submit e-claim for drugs and develop a UML system sequence diagram for the use case submit e-claim for drugs
Calculate the cost per unit of activity for each activity : Calculate the cost per unit of activity for each activity cost pool for Merlot Company? Calculate the manufacturing overhead cost per metal casement manufacturing during the period
Privatization of traditional government service : Provide an example of privatization of a traditional government service. Explain how public information may be limited in the example you provided. What impact does this limit on information have for society?
Why is health considered an element of human capital : Why is health considered an element of human capital?- What was the productivity slowdown?- What is efficiency? How are efficiency, technology, and productivity related?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Calculate the mean- median -mode and midrange of the data

Calculate the mean, median, mode, and midrange of the data. Show your work. If your data set contains too many data points to show the work explain in detail how you calculated the mean, median, mode and midrange.

  Given that the doctor makes an incorrect diagnosis the

the probability that a doctor correctly diagnose a particular illness is 0.7. given that the doctor makes an incorrect

  Develop a model to predict gasoline usage

A US consumer lobby wishes to develop a model to predict gasoline usage, as measured by miles per gallon, based on the weight of the car in pounds. The Excel data file contains data on this for fifty recent models.

  Testing for one sample population proportion

What decision should be made regarding the null hypothesis?

  Why is this an optimal strategy

Show that if n ≥ 2k - 1, there is a strategy that assures you of identifying one of 2k - 1 numbers and hence gives a probability of (2k - 1)/n of winning. Why is this an optimal strategy? Illustrate your result in terms of the case n = 9 and k = 3..

  What is the probability of the brown

The makers of the candy M&Ms report that their plain M&Ms are composed of 15% yellow, 10% red, 20% orange, 25% blue, 15% green, and 15% brown. Suppose you randomly select an M&M, what is the probability of the following- It is brown and It is red ..

  Explain example of steady price in regular sales

Some students see a steady price, while others see regular sales that temporarily cut the price. Students are asked the price they would expect to pay. This is an example of?

  Relationship between bananas-apples-vitamin c

A diet is being developed which must contain at least 100 mg of vitamin C. Two fruits are used in this diet. Bananas contain 30 mg of vitamin C and Apples contain 20 mg of vitamin C. The diet must contain at least 100 mg of vitamin C. Which of the..

  Variance of the breakdown cost

What is the company's expected cost for computer breakdowns and the variance of the breakdown cost? What assumption must you make to find the variance? Is this a reason- able assumption?

  Find the degrees of freedom for chi-square distribution

The issue of how much should be spent to solve particular U.S. social problems is a complex matter, and people have diverse and conflicting ideas on these issues.

  Question the leadership development coach

For this assignment, pretend that you are a leadership development coach assigned to help some organizations fix their action learning programs. For each of the scenarios below, explain what you think went wrong and how it could be fixed based on ..

  Branch of the decision tree

Assuming an interest rate of 15%, calculate the NPV at the end of each branch of the decision tree.

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