Determine that the new algorithm has a lower average time

Assignment Help Basic Statistics

Reference no: EM131813604

Question: Authors of a computer algebra system wish to compare the speed of a new computational algorithm to the currently implemented algorithm. They apply the new algorithm to 50 standard problems; it averages 8.16 seconds with standard deviation 0.17 second. The current algorithm averages 8.21 seconds on such problems. Test, at the 1% level of significance, the alternative hypothesis that the new algorithm has a lower average time than the current algorithm.

Reference no: EM131813604

Questions Cloud

Describe a political cartoon from the defendants perspectie : If you were a potential juror, what, if any, effect would daily front page editorials and cartoons of this nature have on you?

Prepare the summary, adjusting and closing entries : Prepare the summary, adjusting and closing entries for each of the transactions listed

Find the mean household income of regular readership : A magazine publisher tells potential advertisers that the mean household income of its regular readership is $61,500. An advertising agency wishes to test.

Record the above given transactions in journal entries : Learned Corporation recorded the following transactions for the just completed month. Record the above transactions in journal entries. You must show your work

Determine that the new algorithm has a lower average time : Authors of a computer algebra system wish to compare the speed of a new computational algorithm to the currently implemented algorithm.

Analyze the need for diversity awareness in communications : Analyze the need for diversity awareness in communications. Describe the level of diversity awareness in your organization's climate.

Determine the amount of cash conchita martinez received : On December 31, 2012, Conchita Martinez Company signed a $1,040,000 note to Sauk City Bank. Determine the amount of cash Conchita Martinez received

Explain the clear evidence reasoning in support of judgement : In addition, your essay should include clear evidence and ample reasoning in support of your overall judgement of the text.

What is the net present value and irr of the investment : Probabilities, Inc. is considering the following investment. What is the net present value and IRR of the investment

User Account

All Pages