Critical value used for testing the claim

Assignment Help Basic Statistics
Reference no: EM13105196

A recent survey of gasoline prices indicated that the national avedrage was $4.098 per gallon. The Dallas Automobile Club claimed that gasoline in Texas was significantly lower than the national average. A survey covering 0 different suburbs in Dallas found the average price of gasoline to be $3.924 per gallon with a population standard deviation of $0.053. What critical value shoiuld be used to test the claim using a = 0.01?

a) 1.26

b) 2.33

c) -1.26

d) -2.33

Reference no: EM13105196

Questions Cloud

Explain confidence interval for true mean : The standard deviation of test scores on a certain achievement test is 10.5. A random sample of 150 scores on this test had a mean of 72.8.
What angle is the electric force vector acting : A charge of -5 micro-coulombs is placed at x = 0 cm, y = 0 cm. Another charge of -5 micro-coulombs is placed at x = +22 cm, y = -50 cm. When measured counter-clockwise from the x axis, what angle is the electric force vector acting on the charge a..
Recommend the best decision using the decision tree approach : Residents of Mill River have found memories of ice skating at at a local park. An artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents.
Analysing a drilling decision using an interactive model : What indicates that we have positive value of perfect information and what is the expected value of perfect information on reserves?
Critical value used for testing the claim : A survey covering 0 different suburbs in Dallas found the average price of gasoline to be $3.924 per gallon with a population standard deviation of $0.053. What critical value shoiuld be used to test the claim using a = 0.01?
How long is required to reach this height : A stone is thrown vertically upward with a speed of 16.0 m/s. How fast is it moving when it reaches a height of 12 m? How long is required to reach this height?
Explanation of confidence intervals : What do confidence intervals represent? What is the most controllable method of increasing the precision of or narrowing the confidence interval? What percentage of times will the mean, or population proportion, not be found within the confidence ..
Explain how issue-legal case associates to nature-sources : Write a 700- to 1,050-word analysis of article or legal case and be prepared to explain how issue in article or legal case associates to nature, sources, and functions of law.
By how much are the electrons deflected : (a) In what direction are the electrons deflected? toward the negative plate toward the positive plate (b) By how much are the electrons deflected after passing through these plates?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the probability for uniform distribution

The random variable x is known to be uniformly distributed between 70 and 90. The probability of x having a value between 80 to 95 is

  Modal selling price of houses

(a) Find the median cost of houses at Coal City in 1988. (b) Find the modal selling price of houses at Coal City in 1988.

  Population standard deviations

Assume the population standard deviations are not the same. At the .05 significance level, is there a difference in the mean waiting time?

  Standard error of the difference between two proportions

The results of a recent poll on the preference of shoppers regarding two products are shown below.

  Proportion of applicants who fail the test

As a condition of employment, Fashion Industries applicants must pass a drug test. Of the last 220 applicants 14 failed the test. Develop a 99 percent confidence interval for the proportion of applicants that fail the test. Would it be reasonable ..

  Essential to many research designs

Discuss why sampling is essential to many research designs, and why, if done correctly may be more accurate than attempting census measurement.

  Population mean weight of athelete

At the 5% level of significance, can we infer that the population mean weight of athletic men is lower than the population mean weight of non-athletic men by more than 2 pounds?

  Reconsidering the sample-size estimation

Suppose the organizers of the study are reconsidering their sample-size estimate. How many participants should be enrolled in each of the active and control intervention groups to achieve 80% power if a two-sided test is used with α = .05

  Mttf and standard deviation

Failure times for a randomly failing component are 3.3, 14.3, 27.1, 41.3, and 92.2 hours. Find the MTTF and standard deviation using: a) moment estimation. b) maximum likelihood estimation.

  What is the population standard deviation

A population of scores has p = 44. In this population, an X value of 40 corresponds to z = - 0.50. What is the population standard deviation.

  Information about probability question

Each salesperson at stiles compton is rated either below average, average, or above average with respect to sales ability. Each salesperson is also rated with respect to his or her potential for advancement.

  Fault tree analysis

Assume the probability of a tire blowout is 0.102% per 50,000 miles of use and that a person travels 13,000 miles per year in a car. Assume that the probability of loss of control is 30% if the blowout occurs on the front tires and 15% for the rea..

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