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Moving companies are required by the government to publish a Carrier Performance Report each year. One of the descriptive statistics they must include is the annual percentage of shipments on which a $50 or greater claim for loss or damage was filed. Suppose two companies, Econo-Move and On-the-Move, each decide to estimate this figure by sampling their records, and they report the data shown in the following table.
Econo-Move On-the-Move
Total shipments sampled 900 750Number of shipments with a claim ≥ $50 162 60
The owner of On-the-Move is hoping to use these data to show that the company is superior to Econo-Move with regard to the percentage of claims filed. Is there evidence the On-the-Move company has less claims?
Using the 0.10 level of significance,
a) State the null hypothesisb) State the alternative hypothesis c) What critical values should be used? d) What is the test statistic? e) What is the p-value?f) Interpret the meaning of the p-value g) Should the null hypothesis be rejected h) What is the conclusion? i) State one of the assumptions needed
In a bag there are 20 marbles. The colors of the marbles are as follows: red - 5; blue - 8; green - 3; yellow - 4.
Given that the mean of 100 observations is 42.5 and that their standard deviation is 6.313, find the sum of the squares of the observations.
Assuming the tires are selected at random from among all tires being produced, how many tires in the shipment of 3000 are expected to have a lifetime that is less than 35,000 miles?
A math course has 2 sections. Section one has 55 students of which 10 received an A. Section two has 45 students of which 11 received an A. If a student was chosen randomly from 100 students
Use the given margin of error, confidence level, and population standard deviation (o) to find the minimum sample size required to estimate an unknown population means (u)
How this event is interpreted? How might a person's mood, personality, or situation influence how he or she interprets this event?
ABC Trucking Company purchased 15 trucks at the same time to start their business. 5 Trucks were purchased from Peterbilt, 5 from Freightliner, and 5 from Kenworth.
If Weight 1 is the weight (in pounds) of a random sample of five men who were accepted as models, and Weight 2 is the weight (in pounds) of a random sample of five men who were rejected as models, which of the following is the appropriate inferenc..
Define the null and alternate hypotheses for the statistical test to find out if there is evidence that average weight of Smoky Bear moving van is more than 12,000 lb.
Based on the Nielsen ratings, the local CBS affiliate claims its 11 p.m. newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers, 36% indicated that they watch the late evening news on this local CBS station. What is t..
What is the probability that an improperly adjusted machine will produce five or more items before it is stopped? What is the average number of items an improperly adjusted machine will produce before being stopped?
After surveying 90 couples, they determined the mean of their sample to be $150 and the standard deviation was $5. What is the 95% confidence interval for the population mean?
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