A hypothesis test was conducted at the level of significance

Reference no: EM13204123

A researcher wanted to determine if the average size of farms in two counties in Pennsylvania were different. He samples 8 farms in Indiana County and determines the average size of a farm is 191 acres with a standard deviation of 38 acres. He then samples 10 farms in Greene County and determines the average size of a farm is 199 acres with a standard deviation of 12 acres. A hypothesis test was conducted at the 5% level of significance.

Reference no: EM13204123

Questions Cloud

How much money will you receive when you sell the bond : How much money will you receive when you sell the bond? If yields were 10.8 percent, how much would you receive?

What is zylexs total interest expense per year : What dollar amount of interest per bond can an investor expect to receive each year from Zylex Corp and what is Zylex's total interest expense per year associated with this bond issue?

Depict a polynomial that represents the area : Write a polynomial A(x) that represents the area. Find A(5). Selling shirts. If a vendor charges p dollars each for rugby shirts, then he expects to sell 2000 - 100p shirts at a tournament.

Would higher or lower rates increase the incomes of agents : Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents. Explain, distinguishing between the short run and the lo..

A hypothesis test was conducted at the level of significance : He then samples 10 farms in Greene County and determines the average size of a farm is 199 acres with a standard deviation of 12 acres. A hypothesis test was conducted at the 5% level of significance.

How could fomc achieve an increase in short-term interest : Suppose the FOMC meets and decides it wants to raise short-term interest rates in the economy. The FOMC directs the Federal Reserve System (Fed) to implement contractionary monetary policy that reduces the banking system's reserves.

Depict a digram of the info it provides : draw a digram of the info it provides or how to go about solving it???help plzz even if it isnt by 2marrow i would like to know how to do it thx

How much will the company have to set aside in 4 years : Southwestren Moving and storage wants to have enough money to purchase a new tractor-trailor in 5 years at a cost of $290,000. If the company set aside $100,000 in 2 years and $75,000 in 3 years how much will the company have to set aside in 4 yea..

Calculate the equilibrium value of real gdp : The table reports data on real GDP, consumption, investment, government spending, and aggregate expenditures for a closed economy with fixed taxes. Use the information in the table to answer the following questions. Values are in billions of dolla..

User Account

All Pages