Hypothesis testing for single mean

Reference no: EM1313042

A sample of 100 observations has a mean of 2.99 and a standard deviation s equal to 0.5 Conduct the following test of hypotheses about the corresponding population mean at a level of significance of α = 0.2

Ho: µ = 3.12

Ha: µ not equal 3.12

Reference no: EM1313042

Questions Cloud

Develop standard cost for the direct cost : Develop the standard cost for the direct cost components of a 10 gallon batch of rasberry sherbert. For each direct cost component, the standard cost should Identify the Standard Quantity

Computing probability values using the empirical rule : The ages of cars owned by all employees of a large company have a bell shaped distribution with a mean of 8 years and a standard deviation of 2 years. Using the empirical rule, find the approx. percentage of cars (owned by those employees) that are b..

How much cash does taft have on its balance sheet : The company's current assets consist of cash, inventories, and accounts receivable. How much cash does Taft have on its balance sheet?

Detecting blood types for offspring : Filling out two Punnett squares for a cross between a male with blood type B and a female with blood type AB. Build two Punnett squares and answer the following questions about them.

Hypothesis testing for single mean : A sample of 100 observations has a mean of 2.99 and a standard deviation s equal to 0.5 Conduct the following test of hypotheses about the corresponding population mean at a level of significance of α = 0.2

Evaluate the collins'' debt ratio : Impact of change in credit policy on the debt ratio - what will Collins' debt ratio be after the change in DSO is reflected in the balance sheet?

Impact of change in credit policy on debt ratio : Impact of change in credit policy on the debt ratio - what will Collins' debt ratio (Total debt/Total assets) be after the change in DSO is reflected in the balance sheet?

Developing a punnett square : In turtles, brown shells and the red legs are most prevalent forms of the traits. Occasionally, green shells and yellow legs are examined.

Find the company''s debt ratio : The company is financed entirely with debt and common equity. Find the company's debt ratio

User Account

All Pages