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A statistician was testing the following hypotheses:
Ho: μ = 500 vs. Ha: μ ≠ 500.
The p-value approach was to be used. A sample of size 49 gave a sample mean of 508. Given that σ = 30.2, and α = 0.01, find the p-value, and write your conclusion.
Estimate the percentage who weigh more than 180 pounds? Assume that we want 96% confidence that the error is no more than 1.5 percentage points.
11% of all books sold are romance genre. If the bookstore sells 316 books on a given day, what is the probability that fewer than 40 are romances, at least 25 are romances, between 25 and 40 are romances?
What is the probability that among 10 true hypertensives at least 50% are being treated appropriately and are complying with this treatment?
An independent-measures t test produced a t statistic with df=20. If the same data had been evaluated with an analysis of variance, what would be the df values for the F-ratio?
Utilizing the .05 level, do the results support the psychologists' theory. Elucidate your answer to somebody whom has never had a course in statistics.
Use the expected collision payment to determine the collision insurance premium that would enable the company to break even on the policy.
Waiting time is normally distributed. Calculate the value of the test statistic for your random sample rounded to two decimal places?
Find a 90% confidence interval for the difference between the proportion of men and the proportion of women who approved of Reagan's performance. What assumption do you make to use this method?
To be 99% sure that we will not be late in completing the project, what is the requested completion time in work-days?
Graph the p.d.f and show that the probability of the part failing in the first 200 weeks is 1/8
What is the difference between statistical significance and practical significance? Why is statistical significance not necessarily of practical important difference to a business decision?
Describe the independent variable and the dependent variables?
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