Conduct a hypotheses test to determine whether the mean

Assignment Help Basic Statistics
Reference no: EM13608406

In Hamilton County, Ohio the mean number of days needed to sell a home is 86 days (Cincinnati Multiple Listing Service, April, 2012). Data for the sale of 40 homes in a nearby county showed a sample mean of 80 days with a sample standard deviation of 20 days. Conduct a hypotheses test to determine whether the mean number of days until a home is sold is different than the Hamilton county mean of 86 days in the nearby county. Round your answer to four decimal places.

Reference no: EM13608406

Questions Cloud

A how many atoms of helium gas fill a spherical balloon of : a how many atoms of helium gas fill a spherical balloon of diameter 31.0 cm at 18.0degc and 1.00 atm?b what is the
What percentage of the years would average between 21 and : environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in
Company uses a standard cost system and applies overhead on : company uses a standard cost system and applies overhead on a per unit basis. harris company estimated that 30000 units
In the companys accounting system all fixed expenses of the : in the companys accounting system all fixed expenses of the company are fully allocated to products. further
Conduct a hypotheses test to determine whether the mean : in hamilton county ohio the mean number of days needed to sell a home is 86 days cincinnati multiple listing service
Cumberland furniture company manufactures unfinished oak : cumberland furniture company manufactures unfinished oak furniture. cumberland usees a standard cost system. the direct
Tke the specific heat of liquid water to be 4190jkg x k : an insulated beaker with negligible mass contains liquid water with a mass of 0.215 kg and a temperature of 66.8 c. how
The convective heat transfer coefficient of the outside of : a spherical tank aisi 302 stainless steel has an outside diameter of 40cm and a wall thickness of 2cm. it contains
Summer company is considering three capital expenditure : summer company is considering three capital expenditure projects. relevant data for the projects are as follows.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Purchasing the local hardware or sporting goods

Income Trevor is interested in purchasing the local hardware/sporting goods store in the small town of Dove Creek, Montana.

  What is the probability that the wait for the second student

What is the probability that the wait for the second student will be 15 minutes or less (to 4 decimals)? What is the probability that the wait for the second student will be between 15 and 45 minutes (to 4 decimals)?

  Which percentage of nba players have a lower ft

Proportion of free throw attempts that are successful. In the NBA, FT% is normally distributed with a mean of 0.721 and a standard deviation of 0.082. Which percentage of NBA players have a FT% lower than 0.784?

  Find probability that task will take eight minutes

The task will take between 8 minutes & 11 minutes. Find this probability. The engineer would also like to know what the time is such that 40% of the task times are less than this value.

  Steps for constructing the control chart

Place the steps below in the correct order for the construction of a control chart.

  Skew the mean to the right

For a given level of significance, if the sample size is increased: the power of the test will increase we will have more responses to log and calculate it will skew the mean to the right it has no effect on the direct results.

  Determining regression-range

What measurements assesses the amount of variance of change in the dependent variable reflected by changes in the independent variable?

  Seamstress performing at an acceptable quality level

A sample has just been taken with the following lengths: 21.25, 22.0, 21.5, 20.75, 21.25, 21.35, 21.35, 21.35, 21.35, 21.35, 21.35, and 21.35. Is the new seamstress performing at an acceptable quality level?

  Use these data and test to see whether the mean number of

three different assembly methods have been proposed for a new product. a completely randomized three different assembly

  Home what is the method to prove a cumulative distribution

what is the method to prove a cumulative distribution function of frechet distribution?complete

  Conclude the total sum of square in single factor anova

An independent researcher has decided to study variations in TV viewing habits among three American cities. She has managed to randomly sample households in Chicago, Atlanta, and Minneapolis and gather data on the daily "on" times for households o..

  Compute the autocorrelations of the income series

Compute the autocorrelations of the income series for the first 10 time lags. Is the behavior of the autocorrelations consistent with your choice in part b?

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