Conduct a test of mean with a given significance level

Assignment Help Other Subject
Reference no: EM132834978

Assignment: Instructions: Answer the post question, and reply to two classmates ( responses are attached) 175 words per each response.

Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter's value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6 49.5

47.7 46.7

47.6 48.8

50.5 48.6

50.2 51.5

46.9 50.2

47.8 49.9

49.3 49.8

53.1 49.3

49.5 50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level α = 0.05.

In a minimum of 175 words, respond to the following:

• State appropriate null (Ho) and alternative (H1) hypotheses.

• What is the critical value if we work with a significant level α = 0.05?

• What is the decision rule?

• Calculate the test statistic.

• Are the bags indeed being underfilled?

• Should machinery be recalibrated?

Reference no: EM132834978

Questions Cloud

How might you use the evidence-based research : Write a 2-page response to the scholarly, peer-reviewed article you selected. In your response, identify and briefly summarize the article.
Provide necessary journal entries under memorandum method : COMMISERATE received cash subscription for 2,000 shares at par value. Provide necessary journal entries under memorandum method
Assess the effectiveness of your company leadership : Assess the effectiveness of your company's leadership. Discuss the basis of your company's competitive advantage and the potential challenges to its strategy.
Human dynamics that drive negotiation : Describe the positions, interests, and BATNAs. What are the human dynamics that drive the negotiation?
Conduct a test of mean with a given significance level : To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level a = 0.05.
Describe concept of bounded awareness : Describe the concept of Bounded Awareness. How has bounded awareness prevented you from solving a problem (give a specific example)?
What was the average issue price per ordinary share : Subscription receivable-preference share due, due March 1, 2022 125,000. What was the average issue price per ordinary share
Framing and reversal of preferences affected opinions : How has framing and reversal of preferences affected the opinions that you formed and/or decisions that you have made recently?
What would you include in your financial plan : You have been tasked as the health care administrator of a major hospital to create a financial plan for your organization. What would you include in your.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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