Hypothesis about the population mean

Assignment Help Basic Computer Science

Reference no: EM13871481

The random sample below is obtained to test the following hypothesis about the population mean.

H0: μ ≥1500

H1: μ < 1500

1509	1028	1640	784	1025	271	2384	888	1164
541	2179	1290	1358	1898	486	460	1383	1479
323	739	1088	2439	966	616	564	2086	1181
1473	724	1879	2301	2454	301	1103	2181	986
2532	1026	258	2168	1980	1517	2300	1905	1789
673	2274	2473	2125	1669	1724	1928	2287	1541
689	2071	941	2575	1245	1570	1521	1394	1539
1924	1004	1415	1103	2353	1557	1568	979	1243
1185	1790	1939	2088	1550	854	916	2529	2384
447	349	1116	2056	1384	505	1492	547	1371
1170	242	2042	426	1044	523	2227	1328	1349
2560	1416	585	2372	1261	2340	2560	1867	1035
1112	1052	956	1073	1056	2308	1203	293	2122
1713	493	512	788	770	1210	1915	2148	1522
371	1304	966	1607	1926	426	1716	1741	302

The level of significance of the test is α = 0.05. Compute the relevant test statistic.

This is a(n) _______ (two-tail, upper-tail, lower-tail) test. The test statistic is TS = _______.

a) Lower tail test.|TS| =1.97

Reject H0: μ ≥ 1500. Conclude that the population mean is less than 1500.

b) Lower tail test.|TS| =1.97

Do not reject H0: μ ≥ 1500. Conclude that the population mean is not less than 1500.

c) Lower tail test.|TS| =1.48

Do not reject H0: μ ≥ 1500. Conclude that the population mean is not less than 1500.

d) Upper tail test.|TS| =1.48

Reject H0: μ ≥ 1500. Conclude that the population mean is no greater than 1500.

Reference no: EM13871481

Questions Cloud

Power factor correction example : Problem: A load has 10 A current at a lagging power factor of 50%. Voltage is 120 V, and frequency is 60Hz. What size capacitor must be used to bring power factor to 90%?

The market value of the mcgraw : On July 2, 2009, the McGraw Corporation issued $500,000 of convertible bonds. Each $1,000 bond could be converted into 20 shares of the company's $5 par value stock.

Consider the following hypothesis test : Consider the following hypothesis test. H0: μ ≤40 H1: μ >40

Difference between the freelance and business models : Describe in detail and explain the difference between the freelance and business models

Hypothesis about the population mean : The random sample below is obtained to test the following hypothesis about the population mean. H0: μ ≥1500 H1: μ

Recognizing the unique ways children develop and learn : Summarize your thinking about children's ability to learn and the relationship between learning and development. Describe what you believe is the role adults play in fostering development and learning. As a lifelong learner, identify any questions ab..

What is the beta of bmw relative to dax stock market index : What is the beta of BMW relative to the DAX stock market index? If the euro risk-free rate is 5 percent and the DAX market risk premium is 6 percent, what is the required return on BMW stock when measured against the DAX stock market index?

What are the limits of the act : What are the limits of the Act? As an advanced practice nurse, what policy changes would you recommend to provide health coverage to those who remain uninsured? What effects does this act have on providers and consumers

Discuss the theory of organizational learning : discuss the theory of organizational learning

User Account

All Pages