Completing test at level of significance

Assignment Help Basic Statistics
Reference no: EM1318327

A manufacturer of floor mops would like his product to last 700 hours, on the average. He hopes the mean number of hours is not a lot less than 700 (people will not continue to buy his product) or a lot more than 700 (people would seldom have to buy the product). However, the manufacture has reason to believe the mean may have changed. A random sample of 48 items shows that X (bar) = 675 and s = 77 hours.

a) Complete the test at the 5% level of significance.

b) What type of error may have been made?

c) What is the probability of committing this error?

Reference no: EM1318327

Questions Cloud

Explain one sample z test for p-value approach : Find out the test statistic P-value, and critical value, and state the final conclusion. The mean IQ score of statistic professors is less than 120. Sample data: n = 46. Suppose that = 17, and the significance level is = 0.05.
Evaluate the equation of the line : Evaluate the Equation of the line which passes through the two given points and Write down the equations of the line described in the following questions
Make a matrix to display the information : Make a matrix to display the information
Concerns of potential investor : What business models are open to a food-product importer? What steps should Kalin take to position his company for the next phase of early-stage-growth? What would be the concerns of a potential investor?
Completing test at level of significance : Complete the test at the 5% level of significance.
X-intercept of the given equation : Identification of the Slope, y-intercept, and x-intercept of the given equation
Identification of the slope and y-intercept : Identification of the Slope and y-intercept, and x-intercept of the given equation
Difference in interest rates paid by two states : A bond analyst is analyzing interest rates for corresponding municipal bonds issued by two different states.  At  α = .05, is there a difference in interest rates paid by two states?
Case study of soda dispensing systems : Soda Dispensing Systems Inc. (SDS) was owned by two shareholders, each of whom owned half the stock. One shareholder was president and the other was vice president. Their shareholders' agreement stated that neither could commit corporate property ..

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