Company claim using the p-value

Assignment Help Basic Statistics
Reference no: EM132465195

A pharmaceutical company claims that the average cold lasts an average of 8.4 days. They are using this as a basis to test new medicines designed to shorten the length of colds. A random sample of 106 people with colds, finds that on average their colds last 8.28 days. The population is normally distributed with a population standard deviation of 0.9 days. At α=0.02, what type of test is this and can you support the company's claim using the p-value?

Reference no: EM132465195

Questions Cloud

What is the probability that all students in a simple random : What is the probability that all students in a simple random sample of 25 students own a cell phone?
Standardized test statistic and corresponding p-value : Assume the population standard deviation is 3.3 degrees. Find the standardized test statistic and the corresponding p-value.
What is the present value of expected cash flows : Assuming a risk-free rate of 5%, what is the present value of expected cash flows that Picnic should record on their statement of financial position for 2020?
What are the benefits statistical process control : What are the benefits statistical process control in the healthcare industry?
Company claim using the p-value : At a=0.02, what type of test is this and can you support the company's claim using the p-value?
Determining the frequency of oil changes : In previous studies, it was determined that car age (new, old) is associated with frequency of oil changes, but car size (small, medium, large)
Determining the frequency of oil changes : In previous studies, it was determined that car age (new, old) is associated with frequency of oil changes, but car size (small, medium, large)
What did you learn from the jonestown massacre video : What did you learn from the Jonestown Massacre video documentary that you did not know previously and want to discuss with the class?
Determine amount of liability to recognize on the statement : To determine the amount of liability to recognize on the statement of financial position, Picnic decides to use expected cash flow techniques.

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!

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