Claim of hypothesis testing in statistics

Assignment Help Business Economics
Reference no: EM133067399

In a food aid program, coordinators want to make sure that each food hag contains exactly 10 kilograms of food. They collected a sample of 64 bags and weighted each bag. The obtained a mean of i: : 10.3 and a standard deviation of s : 1.6 in their sample. Can they conclude that on average food bags contain 10 kilograms of food? Use the statistical tools learned in class to answer this question.

(a) Translate the research claim into the a claim of hypothesis testing in statistics.

(b) Calculate a con?dence interval using the rule-of-thumb we used in class.

(c) Carefully state the conclusion from your analysis.

Reference no: EM133067399

Questions Cloud

Case study-indonesia-asia stumbling giant : Indonesia is a vast country. Its 220 million people are spread out over some 17 ,000 islands that span an arc 3,200 miles long from Sumatra in the west to Irian
Prepare the journal entries to record the transfer : In order to minimize the losses that Dubious will incur operating lease was signed to another party for five years. Prepare journal entries to record transfer
What is perception of special education : What is your perception of special education as a student then and your perception of teaching students with exceptionalities now.
Employees labour supply decisions : Employees at the QuickFast car factory have access to a generous retirement pension once they turn 65. Employees can work a maximum of 365 days a year, and they
Claim of hypothesis testing in statistics : Can they conclude that on average food bags contain 10 kilograms of food? Use the statistical tools learned in class to answer this question.
What is the direct labour budget for all eyes : The required production level in the fourth quarter is 32,000 cameras. What is the direct labour budget for All Eyes in the fourth quarter
How does the graphic novel kindred represent racism : How does the graphic novel "Kindred" represent racism and how it functions?
What amount should creative sound systems report : Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, What amount should Creative Sound Systems report
Identify three examples of auctions used in finance : Identify three examples of auctions used in finance, e-comnlerce, andfor e-games. Explain the following in-depth: 1' The need for an auction to uncover value in

Reviews

Write a Review

Business Economics Questions & Answers

  Determine the interest rate

(a) Set up the cash flows. (b) Determine the interest rate (nominal and effective) for the lease.

  What is the optimal production level

a) What is the optimal production level, Q*, and what is the profit at Q*? b) A 30% tariff is imposed on imported solar panels. Assuming demand stays the same,

  What are the security concerns with using the cloud

What are the security concerns with using the Cloud? Please be thorough in your responses.

  System of system of the balance of payments accounting

Explain briefly the system of system of the Balance of Payments Accounting for a country, including an explanation of the current account, the capital account, and the financial account.

  Background of management positions chemical refineries

A chemical company is interviewing two people to become its risk manager. One has a background of management positions chemical refineries.

  What are the major trade policies for each country

Compare and contrast the major trade policies of the United States with those of another country. Please include sources. What are the major trade policies for each country? Which policy in each country do you think is most important and why?

  Long-term capacity planning requirements

How does unethical business practices devalue the quality of the experience a customer has with a product or service.

  Provide current employment, the marginal product of the last

The wage in Mexico is $5. The wage in the U.S. is $20. Provide current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.

  Find the equilibrium price and quantity

a) Find the equilibrium price and quantity b) Calculate the price elasticity of demand and supply

  Q1 the country of numidia does not trade with any other

q1. the country of numidia does not trade with any other country. its gdp is 20 billion. its government collects 4

  Compared to charging one price for each product

What is the reason that bundling allows the firm to increase revenues compared to charging one price for each product?

  Advanced analysis-dollar value of the deadweight loss

ADVANCED ANALYSIS Assume the following values for the figures below: Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $45 per bag. What is the total surplus when output level Q2 is being produced? What is the dollar value of ..

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