Illustrate what is your conclusion about the claim made

Assignment Help Business Economics
Reference no: EM1346337

New diet program claims that participants will lose on average at least 25 pounds during the first week of the program. A random sample of 100 people participating in the program showed a sample mean weight loss of 4 pounds. The sample standard deviation was 9 pounds. Illustrate what is your conclusion about the claim made by the diet program? [five-step hypothesis test]

A production line operates with a filling mean weight of 20 pt. per container (not sure about the population standard deviation). Either overfilling or under-filling is a serious problem, and the production line should be shut down if either occurs. A quality control inspector samples 25 items every two hours and at that time makes the decision of whether to shut the line down for adjustment. If a sample mean of 22 pt. and a standard deviation of be 1 pt. was found, do you think it is overload (too much)? What action would you recommend with a 0.05 level of significance?

Step 1: Hypotheses, H0 and H1

Step 2: What is the level of significance? What test?

Step 3: Compute the test statistic

Step 4: Find the critical value from the table.

Step 5: What is your conclusion?

Reference no: EM1346337

Questions Cloud

Describe the communication processes : Find and describe the communication processes that the manager uses or used in a work group and explain what could the manager have done to more effectively apply the communication process?
Use of multicultural and intercultural communication : How can you use multicultural communication, intercultural communication and intracultural communication in your life
Prepare an income statement and a balance sheet : Based on the financial data below, make an income statement & a balance sheet for Joe's Fly by Night Oil firm for the year ended December 31, 2011.
Describe how attitudes can affect your communication : Describe How Attitudes Can Affect your Communication with Non-Natives - Explain what are the prevailing attitudes in your culture
Illustrate what is your conclusion about the claim made : Illustrate what is your conclusion about the claim made by the diet program
What role does conflict play in group communication : Explain what role does conflict play in group communication and explain what role does conflict play in group communication?
Difference between arithmetic and geometric averages : Please explain and define in your own terms the difference between arithmetic and geometric averages.
Maintaining the company record of eps growth : Keystone corporation just announced record 2011 EPS of dollar 5.00, up dollar .25 from last year. This is 10th consecutive year that firm has increased its EPS, an enviable record.
Why would you sell these items through retail stores : Why would you sell these items through retail stores, or would you try direct marketing.

Reviews

Write a Review

Business Economics Questions & Answers

  Economys capacity to produce

According to the production function, with 300 labor hours, Illustrate what is this economy's capacity to produce.

  Event of a rejection

Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.

  What is directly included in the calculation of the gdp

Which of the subsequent is directly included in the calculation of the GDP?

  Elucidate how much output is being produced

Why is it important to know Elucidate how much output is being produced

  What is the maximum amount by which funds provide

Illustrate what is the maximum amount by which funds provide can be increased as a result of bank A's new loan

  Unlike the physical supply chain

Unlike the physical supply chain, inefficiencies characterize the financial supply chains of most companies.

  Goods where the price of apples is always

Consider a consumer with $10 to spend on these 2 goods where the price of apples is always $2 every.

  Doctors are considering forming a new medical group

A group of 20 doctors are considering forming a new medical group also has asked you to prepare a report on whether they should build a facility in an area.

  Determine the quantity demand and the quantity supplied

Determine the quantity demanded, the quantity supplied, and the magnitude

  Factors that might explain acme hospital

Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.

  Total output in a single-good economy

Assume that in 1984 the total output in a single-good economy was 7000 buckets of chicken.

  What occurs when a new technology makes another one obsolete

Explain what occurs when a new technology makes another one obsolete in terms of economic profit?

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