Decision regarding the null hypothesis and interpret

Assignment Help Mathematics
Reference no: EM13804975

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.

Reference no: EM13804975

Questions Cloud

Kinds of expenses-automated storage and retrieval systems : There are two kinds of expenses we need to look at here: capital and operational. Do a little research and explain what these things are. Now, what will the capital expense be for the ASRS (Automated storage and retrieval systems) ?
Shares of the local hamburger market related issues : If the top three sellers combined to form a single firm, what would happen to the four-firm concentration ratio and to the herfindahl index?
Impact of event to equilibrium price and quantity of event : The following events occur in the market for good B, which is a normal good: Identify the impact of the event to the equilibrium price and quantity of each event.
The wage of dairy worker rises : Assume we are given a demand schedule that is represented by P = 200,  5Q and a supply schedule where P = 110 + 10Q, where P = Price and Q = Quantity. Dairies make low-fat milk from full-cream milk. In the process of making low-fat milk, dairies prod..
Decision regarding the null hypothesis and interpret : At the 0.05 significance level, can a claim be made that it takes longeron average than 20 hours to side a house?
Determine the annual worth over the years : Manager of a computer company plans to spend on new hardware $3.5 million in the first year with amounts decreasing by $0.2 million each year thereafter. Income of the company is expected to be $8.0 million the first year increasing by $0.3 million e..
Systematic decision-making processes : Consider the systematic decision-making processes of your own organization. Respond to the following:
In a regression equationwhat is y hat : In a regression equation, what is y hat
What is the equivalent amount of new income : A company is considering getting involved in electronic commerce. A modest e-commerce package is available for $29,000. If the company wants to recover cost in 2 years, what is the equivalent amount of new income that must be received every 6 months ..

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

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