Analyst claim using the p-value

Assignment Help Basic Statistics
Reference no: EM132843689

A travel analyst claims that the mean room rates at a three-star hotel in Chicago is greater than $152. In a random sample of 36 three-star hotel rooms in Chicago, the mean room rate is $165 with a population standard deviation of $41. At α=0.10, can you support the analyst's claim using the p-value?

Group of answer choices

Claim is the null, fail to reject the null as p-value (0.029) is less than alpha (0.10), and cannot support the claim

Claim is the alternative, fail to reject the null as p-value (0.029) is less than alpha (0.10), and can support the claim

Claim is the null, reject the null as p-value (0.029) is less than alpha (0.10), and cannot support the claim

Claim is the alternative, reject the null as p-value (0.029) is less than alpha (0.10), and can support the claim

Reference no: EM132843689

Questions Cloud

Discuss the objectives of managing working capital : Provide a recommendation related to working capital management and improving profitability for a company working at a loss.
What is the smallest number of bulbs : What is the smallest number of bulbs to be purchased so that the succession of light bulbs produces light for at least 40 months with probability at least 0.977
Discuss the risk associated with capital budgeting : Discuss the risk associated with capital budgeting. Choose one type of risk and provide an example as it relates to company operations.
How have the theories we are studying reflected the change : In thinking about our reading about developmental stages please reflect upon previous popular culture (e.g., movies like Bye Bye Birdie, Rebel without a Cause).
Analyst claim using the p-value : A travel analyst claims that the mean room rates at a three-star hotel in Chicago is greater than $152. In a random sample of 36 three
Labor relations handle grievances : Labor Relations handle grievances, arbitrations, charges of unfair labor practices and complaints to state agencies.
Confidence interval for the population mean : If a random sample of 22 cyclists is taken and results in a sample mean of 135 minutes, find a 98% confidence interval for the population mean.
Describe the most critical business processes : Describe the most critical business processes that utilize information systems in your selected company.
What is the probability that in in random 15 minute interval : If the average number of persons coming to reception counter in 15 min interval is 5, then what is the probability that in in a random 15 minute

Reviews

Write a Review

Basic Statistics Questions & Answers

  Permutaion and combination

A group of 3 students is to be selected from a group of 12 students to take part in a class in cell biology.

  Indicators of predictions the homeownership

Suppose you perform a multiple regression to predict crime rate in a state and includes as indicators of predictions the homeownership rate divorce rate

  What inference test should she use

Based on what you now know about statistical inference and using a one-tail alpha (0.025), is Sara's conclusion a logical conclusion? Why or why not?

  Find the pooled variance for the two samples

One sample has a variance of s2=6 and a second sample has a variance of s2=8. If the two samples are the same size (n1=n2), then what is the pooled variance for the two samples?

  What the slope of the regression line tells

Examined the relationship between the number of new birds y and percent of returning birds x for 13 sparrowhawk colonies. Here are the data once again.

  Earth and that the maximum number of children

Suppose that there exist N families on the earth and that the maximum number of children a family has is c. For j = 0, 1, 2, ... , c, let a1 be the fraction

  Discussion on mutual exclusivity

What is the probability of either X or Y occurring? What is the probability that neither X nor Y will happen?

  Why for the statistics class data

Who, what, and why for the statistics class data. Answer the who, what, and why questions for the statistics class data set.

  Amean of 6 minutes and a standard deviation of 124

the time it takes to process phone orders in a small gift shop is normally distributed with a mean of 6 minutes and a

  Problem regarding the maximal chain

Prove it is equivalent to AC that in every partially ordered set, every chain is included in a maximal chain.

  1 a paired difference experiment consists of n 18

1 a paired difference experiment consists of n 18 pairs d5.7 and s2d 256. suppose you wish to detect ?dgt 0.a.

  Zinc chloride battery operates on the reaction

The zinc chloride battery operates on the reaction Zn + Cl2 à ZnCl2. It has been suggested as a possibility for exploitation as a source of power for driving

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