User Account

All Pages

What is the decision rule

Assignment Help Basic Statistics
Reference no: EM131887167

A national grocer's magazine reports the typical shopper spends 7 minutes in line waiting to check out. A sample of 17 shoppers at the local Farmer Jack's showed a mean of 6.4 minutes with a standard deviation of 4.3 minutes.

Is the waiting time at the local Farmer Jack's less than that reported in the national magazine? Use the 0.050 significance level.

a. What is the decision rule? (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)

Reject H0: µ ≥ 7 when the test statistic is (Click to select) equal to greater than less than.

b. The value of the test statistic is . (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)

c. What is your decision regarding H0?   Reject H0Do not reject H0

Reference no: EM131887167

Questions Cloud

Create policies to address electronic health record document : Create two policies to address electronic health record documentation. The Completion of Health Records (adhering to TJC timeline)...including various forms.
Calculate the benefit associated with each issue : Calculate the benefit associated with each issue that may generate risk and Calculate the potential costs for each and include reputation risks
Evidence to conclude that residents of wilmington : At the 0.025 level of significance, is that enough evidence to conclude that residents of Wilmington, Delaware, have more income than the national average?
Calculate the expected dividend yield-capital gains yield : Calculate the expected dividend yield (D1/P0), capital gains yield, and total return (dividend yield plus capital gains yield) expected for 2017.
What is the decision rule : Is the waiting time at the local Farmer Jack's less than that reported in the national magazine? Use the 0.050 significance level. a. What is the decision rule?
Describe the rights of a patient : Describe one example of upholding the rights of a patient and how these rights might be violated in your place of employment and what measures you would take.
Formulate the return and risk objective for first year only : Identify the liquidity, time horizon, and unique circumstance constraints. Formulate the Return and Risk Objective for the first year ONLY.
What if anything should we do about this blog entry : How much time and effort should an information technology (IT) department devote to scanning for and analyzing emerging technologies
Significant skill that can assist the interviewer : Why neuro-linguistic programming is a significant skill that can assist the interviewer or interrogator to be successful in obtaining information

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd