Solution-Is enough evidence to support the claim

Is enough evidence to support the claim

Assignment Help Accounting Basics

Reference no: EM132615238

Problem 1: A coach claims that all players can run more than 1.5 miles. A random sample of 17 players finds that they can run an average of 1.7 miles with a standard deviation of 0.6 miles. Is there enough evidence to support the claim at α of 0.01? Assume the population is normally distributed.

Option 1: Yes, since p of 0.094 is less than 0.01, reject the null. Claim is null, so is supported

Option 2: No, since p of 0.094 is less than 0.01, reject the null. Claim is alternative, so is not supported

Option 3: Yes, since p of 0.094 is greater than 0.01, reject the null. Claim is alternative, so is supported

Option 4: No, since p of 0.094 is greater than 0.01, fail to reject the null. Claim is alternative, so is not supported

Reference no: EM132615238

Questions Cloud

The time value of money-preparing for home ownership : Upon graduating from Argosy University with a degree in Finance, John Simple found a great job as a banking officer with Capital Two Bank in Dallas.

Find acceleration of system and set up hamilton equations : A block of mass m1 rests on a frictionless horizontal plane, this is pulled by a string of negligible mass is attached to hanging block of mass m2

Has child protective services run its course : Has Child Protective Services "run its course" like some critics suggest? Or should it be revamped? How would you revamp such a service?

Determine what rate of interest is implicit in the agreement : On 1 July 2019, Bronzed Aussie Ltd sells a caravan to Cairns Ltd. Determine what rate of interest is implicit in the agreement

Is enough evidence to support the claim : Is enough evidence to support the claim at a of 0.01? Assume the population is normally distributed. A coach claims that all players can run more than 1.5 miles

Analyze malware using appropriate procedures : Identify and analyze malware using appropriate procedures, tools and techniques and Distinguish and critically compare malware delivery and spreading techniques

How can a business use target costing to reduce costs : How can a business use target costing to reduce costs and plan profits? What is value-engineering, and what role does it play in target costing?

Identify the theory you intend to use : Identify the theory you intend to use and give a short explanation of the theory. Explain how it applies to the case of the juvenile identified in the original.

Determining the direction of motion of the object : Describe a few examples in which the force of friction exerted on an object is in the direction of motion of the object.

User Account

All Pages

Is enough evidence to support the claim

Reference no: EM132615238

Reference no: EM132615238

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT