Determine the p-value for this test is there sufficient

Assignment Help Basic Statistics
Reference no: EM13575221

Consider the hypothesis test given by:

H0: μ = 530
H1: μ ≠ 530

In a random sample of 85 subjects, the sample mean is found to be x(bar) = 522.3. Also, the  population standard deviation is σ = 29.

Determine the P-value for this test. Is there sufficient evidence to justify the rejection of H0 at the α = 0.01 level? Explain.

Reference no: EM13575221

Questions Cloud

Mickelson corporation will pay a 290 per share dividend : mickelson corporation will pay a 2.90 per share dividend next year. the next company pledges to increase its dividend
At the 005 significance level is there sufficient evidence : a certain researcher thinks that the proportion of women who say that female bosses are harshly critical is greater
In the past the 10 persons employed in the production of : barberry inc. manufactures a product called fruta. the company uses a standard cost system and has established the
Calculate the weighted average cost of capital on the basis : calculate the weighted average cost of capital on the basis of historical market value weights forlong-term debt
Determine the p-value for this test is there sufficient : consider the hypothesis test given byh0 mu 530h1 mu ne 530in a random sample of 85 subjects the sample mean is found
The worldwide credit card inc uses standards to control the : the worldwide credit card inc. uses standards to control the labor time involved in opening mail from card holders and
Price ratio analysis for internet companies given the : price ratio analysis for internet companies given the information below for hooyah corporation compute the expected
The next dividend payment by zyx hnc will be 285 per share : the next dividend payment by zyx hnc will be 2.85 per share. the dividends are anticipated to maintain a 4.5 percent
Anton company purchased the hair company on january 1 year : questions 1 2 and 3 inter-relate. 1 is anton company as of january 1 year 1. 2 shows the situation on december 31 year

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining algebra and graphing

A person is planning on saving money according to a rigid savings schedule. Saving plan A is to make an initial deposit of $400 and then deposit $20 per month into the account.

  Create onfidence interval for population proportion to test

Construct a 90% confidence interval for the population proportion, p, in order to test the claim from a confidence interval point of view. What is the best point estimate for p?

  Finding total cost-total revenue-and profit

For monthly volume of 300 tables, find out total cost, total revenue, and profit.

  Information of five step hypothesis

At Kelsey High School, Mrs. O'brien noted that the students were waiting too long in line for their lunches. After collecting some data, Ms. O'brien determined the mean wait time was 10 minutes.

  Diamonds and hearts are red and clubs and spades are black

Diamonds and Hearts are red and Clubs and Spades are black. Suppose you randomly select three cards from the deck. The outcome of interest is the colour of each of the selected cards.

  What conclusion can be draw

In a study , the average age of the male candidates who were affected , was 38.20 whereas the average age of the female subjects was calculated to 34.976 with the standard deviation of 156.91 and 116.16 respectively

  Information about statistics-chi square

Give an example of some data that you could analyze with a Chi Square. Discuss the level of measurement that you would need to use this test.

  Do volume differ for male athletes who participate in sports

Given below are heart volume measurements taken on male athletes. Do heart volumes differ for male athletes who participate in different sports?

  Lines-slopes and graphs

The slopes of the lines parallel to X axis and Y axis are. The slope of the line parallel to the line y = 10x and passing through origin

  Find the deviation score for a person scoring in the test

For the midcourse PSYC105 test M = 39 (out of 60) and SD = 11.2. What is the deviation score for a person scoring 33 in the test? Complete the formula and show your working and answer.

  What is the correct statistical decision in case

A 99% confidence interval for the proportion () of all Lewisburg residents whose annual income exceeds $80,000 extends from 0.10 to 0.18. what is the correct statistical decision in this case?

  Advantages of anova

What are the advantages of ANOVA over the mean test and what are the disadvantages? Where would I use this in my everyday life?

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