Find bounds on the p value associated with hypothesis test

Assignment Help Basic Statistics
Reference no: EM131751179

Question: Fuel Consumption and Cars Coalbed methane is an important source of natural gas in the United States. The Powder River coalfield has approximately 2500 wells, each producing on average 159,350 cubic feet of gas per day. To maintain sufficient storage facilities, the mean well output is carefully monitored. A random sample of 11 wells was obtained, and the daily methane output for each was recorded. The sample mean was x¯ = 163,288 cubic feet and the standard deviation was σ = 8792 cubic feet. Assume the distribution of methane output per well per day is normal, and use a = 0.01.

a. Is there any evidence to suggest the mean methane output per well per day has increased?

b. Find bounds on the p value associated with this hypothesis test.

Reference no: EM131751179

Questions Cloud

How much is your monthly payment : You have decided to buy a car for $34,700 and finance it at 5.36% for 36 months.
Analyze media availability to determine costefficient method : Analyze media availability to determine cost-efficient methods of communicating with potential students within the country and within the geographic region.
Term coverage now and becomes uninsurable : If a person buys term coverage now and becomes uninsurable, what are the alternatives for dealing with a potential business continuation problem?
What was the major reason for employees loyalty : In the past, many workers chose to stay with their employer until retirement. What was the major reason for employees' loyalty?
Find bounds on the p value associated with hypothesis test : Fuel Consumption and Cars Coalbed methane is an important source of natural gas in the United States. The Powder River coalfield has approximately 2500 wells.
What will artie? monthly payments? be : He makes a down payment of ?$3,000 and the dealer gives him an? add-on loan, charging him an annual interest rate of 8.3?%. If he takes out a 5?-year ?loan
What should be hawaiian dividend payout ratio year : According to the residual dividend policy, what should be Hawaiian's dividend payout ratio this year?
What sacrifices would a business have to make : What sacrifices would a business have to make if the disaster recovery process were turned over to a government agency?
Examine dioxin level in the blood of residents : Public Health and Nutrition High levels of the chemical dioxin, ingested through food and air, can cause diabetes, immune disorders, and cancer.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Bar graph depicting business travelers impression

USA snapshot presented a bar graph depicting business travelers' impression of wait times in airport security lines over the past 12 months. Statistics were derived from Travel Industry Association of American Business Traveler Survey of 2034 resp..

  A survey is being planned to determine the mean amount of

a survey is being planned to determine the mean amount of time corporation executives watch television. a pilot survey

  The p-value corresponding to the observed

A study of the number of business lunches that executives in the insurance and banking industries claim as deductible expenses per month was based on random samples and yielded the following results:

  A proposal has been presented to the government of

a proposal has been presented to the government of newfoundland and labrador to build a new section of highway that

  Standard error of mean-confidence interval

Use the information given to calculate the standard error of the mean. Mean systolic blood pressure for a sample of n=324 men is =123.5, and the standard deviation is s=9.

  In a poisson probability problem the rate of errors is one

in a poisson probability problem the rate of errors is one every two hours. to find the probability of three defects in

  Find the mean and the sampling or nonsampling error

Find the mean and the sampling/nonsampling error. Calculate the mean and standard deviation for the probability distribution you developed.

  What can be said about the secretarys hypothesis

The Secretary of Welfare hypothesizes that the average district office has 5% or fewer fraudulent or ineligible recipients. A sample of 10 offices reveals a mean of 4.7% with a standard deviation of 1.2%. What can be said about the secretarys hypo..

  Advertising expenditures-coffee time price index

Laura wanted to build a multiple regression model based on advertising expenditures and Coffee Time's price index. Based on the selection of all normal values, she obtained the following:

  Standard error and sampling size

Mr. James McWhinney, president of Daniel-James Financial Services, believes there is a relationship between the number of client contacts and the dollar amount of sales.

  What is the expected value of profit

An investor is considering an investment in a company. She estimates probability 0.25 of a $39,194 loss, probability 0.20 of a $18,234 profit, probability

  Describe the environments impact on race

Describe the environments impact on race, poverty, and disempowerment. Explain how this impacts human inequality and how it creates a community of haves and have nots.

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