Identify the null and alternative hypotheses

Assignment Help Basic Statistics
Reference no: EM131167590

Suppose a well-known baseball player states that, at this stage of his career, he is a "300 hitter" or better. That is, he claims that he gets a hit in at least 30% of his at-bats. Over the next month of the baseball season, this player has 105 at-bats and gets 33 hits.

a. Identify the null and alternative hypotheses from the player's point of view.

b. Is there enough evidence from this month's data to reject the null hypothesis at the 5% significance level?

c. We might raise two issues with this test. First, does the data come from a random sample from some population? Second, what is the relevant population?

Discuss these issues. Do you think the test in part b is valid? Is it meaningful?

Reference no: EM131167590

Questions Cloud

Evaluating two projects for year capital budget : A firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:
Analyze the benefits afforded to health care marketers : Based on your review of the Learnscape scenario titled "Learnscape 2: Patient Engagement", analyze the benefits afforded to health care marketers that understand the importance of establishing core values.
What conditions is the statement accurate : Consider this statement: "Devoting a larger share of national output to investment would help to restore rapid productivity growth and rising living standards." Under what conditions is the statement accurate?
Which type of epithelium lines the trachea : The neural control centers for respiration connect to the diaphragm by way of: Which 2 bones make up the floor of the nasal cavity
Identify the null and alternative hypotheses : Identify the null and alternative hypotheses from the player's point of view. - Is there enough evidence from this month's data to reject the null hypothesis at the 5% significance level?
Difference between equity and assets : What is the difference between equity and assets? Why is equity under liabilities?
Golden rule of capital accumulation : Show that if owners of capital save all their income and workers consume all their income, the economy reaches the golden rule of capital accumulation. Explain the results.
Determine the total amount of manufacturing overhead : Determine the total amount of: manufacturing overhead. Determine the total amount of: product costs. From the information, determine the total amount of: period costs.
Explain the capital asset pricing model : Explain the Capital Asset Pricing Model and how it is used in a professional setting. (100 words max.)

Reviews

Write a Review

Basic Statistics Questions & Answers

  It is known that the standard deviation of the population

1. the average price of homes sold in the u.s. in the past year was 220000. a random sample of 81 homes sold this year

  Number of cars crossing a bridge in forty

A Poisson distribution was fitted to data for the number of cars crossing a bridge in forty successive 6-minute intervals of time. The sample mean was calculated from the data to be ??¯ = 2.875 and this value was used as an estimate of the populat..

  Evaluate how useful consumer panels

Evaluate how useful consumer panels are in determining the most appropriate marketing mix components at the various stages of the PLC.

  Topic on probability

The condition for the question is that the deck of cards has 52 cards and among them are 12 face cards. What is the probability of choosing 6 face cards out of 8 chosen. Thru Binomial distribution holds( meaning with replacement)

  Probability of a defective component

A company ships computer components in boxes that contain 20 iteams. Assume the probability of a defective component is .4. use the geometric distribution to find the probability that the first defect is found in the third or fourth component test..

  What is the probability that at least 2 of the presidents

what is the probability that at least 2 of the presidents of the united states have died on the same day of the year?

  Find the probability that the sum is exactly 4 twice when

1. find the probability distribution for x the sum of a fair four sided die and and fair sixsided die. b for x from

  Estimate the true avarage percentage of shrinkage for

the primary property of the alloys used for teeth filling is the percent of shrinkage on driving. for a certain alloy

  Developed a new screening program

Federated South Insurance Company has developed a new screening program for selecting new sales agents. Given the expected improvement, what is the probability that 19 or more reach their minimum sales goals

  In a game you pay 2 to play per game it is possible to win

in a game you pay 2 to play per game. it is possible to win 2 4 or 8 with respective probabilities 75216 20216 1216.a.

  Regression analysis to investigate relationship-value-income

Use regression analysis to investigate the relationship between value and income. Discuss your findings. Use regression analysis to investigate the relationship between value and revenue. Discuss your findings.

  Evaluate if provincial data converge toward national data

Measure the convergence of annual provincial data relative to the national. I have data for per capita annual income for two provinces and I have to compare them with the per capita national data and evaluate if the provincial data converge toward..

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