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A credit card company wants to evaluate the usage of their card, 20 randomly selected credit card holders were surveyed, and the mean amount they charged in the past twelve months was found to be $2017, while the standard deviation was $867. Use a 0.025 significance level to evaluate the claim that the mean amount charged by all credit card holders was greater than $1750.
a. State the null and alternate hypotheses.
Ho : H1:
b. State the decision rule.
c. Compute the value of the test statistic.
d. Compute the p-value.
e. What is your decision regarding the null hypothesis?
Describe the between-subjects design, and identify four appropriate sampling methods used to select independent samples.
Some people have described her restaurant as a café. Some have referred to her as a pizzeria, whilst others suggest its best to describe her restaurant as
Assume that the number of left-handers is a binomial random variable. (Refer to the formula for mean and standard deviation for binomial prob. Distribution)
What percentage of states have an infant mortality rate between 5 and 7? percent? Round your answer to two decimal places.
Within 3% and using 90% confidence, with no estimate for the population proportion, how large should our sample be?
One school district whose dropout rate has always been very close to the national average reports that 210 of their 1782 high-school students dropped out last year. Is their experience evidence that the dropout rate may be increasing? Explain.
(i) List all of the different possible samples, and then find the range in each sample.
If Molly and Kathleen wishes to make a profit of $5,000 for summer, how many pupils do they require to enrol?
use the following information to answer the question. suppose that a recent poll of american households about pet
Make a table giving the estimated regression coefficients, standard errors, t statistics, and P-values.- Describe how the coefficients and P-values change for the four models.
a. Fit the logistic regression model using scores {0, 0.5, 1.5, 4, 7} for alcohol consumption. Check goodness of fit. b. Test independence using the likelihood-ratio test for the model in (a). (The trend test of Section 2.5.1 is the score test for ..
A small company, with four employees, needs to form an interview panel. How many ways can a committee of two people be selected from the four employees?
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