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A vinyl siding company claims that the mean time to install siding on a medium-size house is at most 20 hours with a standarddeviation of 3.7 hours. A random sample of 40 houses sided in the last three years has a mean installation time of 20.8 hours.
1) At the 0.05 significance level, can a claim be made that it takes longeron average than 20 hours to side a house?
2) State the null and alternate hypotheses
3) State the decision rule
4) Compute the value of the test statistic
5) Formulate the decision rule
6) What is your decision regarding the null hypothesis and interpret.
A contingency table has 5 rows and 4 columns. How many degrees of freedom are there?
Mattel Corporation produces a remote-controlled car that requires three AA batteries. The mean life of these batteries in this product is 35 hours with a standard deviation of 5.5 hours. As part of its testing program Sony tests samples of 16 batt..
Provide an example of an independent sample and or a related sample that might be appropriate for use in your organization.
Draw the decision tree and perform a decision tree analysis of Steeley Associates decision situation using expected monetary value and what is the value of the information provided by Bernard Consultants (EVSI)? Give a recommendation as to whether ..
An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of 3.3 emails per hour. Assume the arrival of these emails is approximated by the Poisson distribution.
If the mean times for both George and Julia are actually the same, what is the probability that George will be let go?
Complete the ANOVA table. Carry out a test of hypothesis on each of regression coefficients. Could you delete any of the variables?
Describe the optimal solution to a linear programming problem. comprise the following constraints from a two -variable linear program.
An advantage of the permutation test over the t test for a difference in means, can Permutation tests be used for tests when we believe the two populations differ under the null hypothesis.
The sample mean is 50, the t-critical value is 1.96, and the standard error of the sample mean is 2.
A professor of math refutes the claim that the average student spends 3 hours studying for the midterm exam. Which hypothesis is used to test the claim?
A better case can be made that observation 13 (Los Arboles) is an outlier. Describe what this means in plain terms.
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