Find adequate evidence to mean annual wage of people

Assignment Help Basic Statistics
Reference no: EM13108910

Florida Department of Labor and Employment Security reported state mean annual wage was $26,133 (Naples Daily News, Feb. 13, 1999). Hypothesis test of wages by county can be performed to see whether mean annual wage for particular county diers from state mean. Sample of 550 individuals from Collier County illsutrated sample mean annual wage of $25,457. Suppose that = $7600, is there adequate evidence to conclude that mean annual wage of people from this county is signicantly dierent than state mean?

Reference no: EM13108910

Questions Cloud

Compute the lowest-cost source of funding for glenwood : Compute the lowest-cost source of funding for Glenwood National Bank and the next cheapest source for borrowing over the next three days (today, tomorrow and the next day). Illustrate what are the relative advantages and disadvantages of each of t..
Find out the dh for the given reaction : find out the ΔH rxn for the given reaction as C 3 H 4 (g) + 2 H 2 (g) → C 3 H 8 (g)
Testing assumptions : For its validity, all hypothesis testing depends heavily on the assumption that the sample that is used was drawn using probability sampling techniques.
Spreadsheet model to find the best order quantity : The circulation manager of The New York Times in State College, PA is trying to decide how many copies of the upcoming Sunday edition of the paper to order so as to meet the demand of local customers.
Find adequate evidence to mean annual wage of people : Suppose that = $7600, is there adequate evidence to conclude that mean annual wage of people from this county is signicantly dierent than state mean?
Illustrate what happens if the data entered is wrong : Illustrate what happens if the data entered is wrong? Analytical tools suffer from the GIGO (garbage in, garbage out) weaknesses and thus an analysis based on these numbers can be flawed.
Compute the molarity of the solution : Compute the a)molarity of the solution, b)molality of the solution, c) mole fraction of Ammonia.
Errors and their implications : It has been said that from the point of view of the general population, Type I errors are particularly undesirable. This has been used as a justification for setting alpha at such low levels as .05 and .01.
Random sampling distribution test : An automobile manufacturer advertises that the mean petrol consumption of its new hybrid car does not exceed 4.6 litres per 100 km. An independent company decides to test the manufacturer's claim by selecting a random sample of 16 vehicles and mea..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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