User Account

All Pages

Making the statistical test

Assignment Help Basic Statistics
Reference no: EM131116033

Please answer this question:

A radio station in Myrtle Beach announced that at least 90% of the hotels and motels would be full for the Memorial Day weekend. The station advised listeners to make reservations in advance if they planned to be in the resort over the weekend. On Saturday night a sample of 58 hotels and motels showed 49 with a no-vacancy sign and 9 with vacancies. What is your reaction to the radio station's claim after seeing the sample evidence? Use α=.05 in making the statistical test. What is the p-value?

Reference no: EM131116033

Questions Cloud

What accounting should be made for dividends received : What accounting should be made for dividends received in excess of Hatch's share of investee's earnings subsequent to the date of investment?
Analyze the reach and frequency of social media marketing : To find how marketing media builds and maintain good relationships with customers, and obtain high level of customer loyalty.
Sodium concentration in whole blood : The sodium concentration in whole blood (mEq/L) was determined for two samples of eels. For n = 20 marine eel, s = 40.5; while for n = 20 freshwater eels, s = 32.1.
What disclosures should be made in the investor : When the equity method is applied, what disclosures should be made in the investor's financial statements?
Making the statistical test : What is your reaction to the radio station's claim after seeing the sample evidence? Use α=.05 in making the statistical test. What is the p-value?
Do you believe consumers do behave rationally : Is so, how do you explain impulse buying, buying as a result of advertising or strong sales pitches, buying for purposes of conspicuous consumption, or buying to simply have something bigger and better than someone else?
Determine the unit product cost for tablets : Determine the unit product cost for Tablets using the traditional costing system - determine the unit product cost for Tablets using the activity-based costing system.
Explain why a successful company can lose its marketing edge : Briefly explain why a successful company can lose its marketing edge and end in bankruptcy. Provide an example to substantiate your answer.
Appropriate standard error required : (a) Calculate the appropriate standard error required. (b) Calculate the respective z-score you would use to determine the probability that the sample mean grade will be less than 75.

Reviews

Write a Review

Basic Statistics Questions & Answers

  The distribution of sample means will not be normal even

nurses wondered if birth weights of babies are going up. they knew that the average birth weight of a baby last year

  Determine the probability for legal satisfaction scores

Inmates who are in the state facility and 9 who have legal satisfaction scores of 5 or more. How do determine the probability for this because I have come up weird numbers.

  What is the sample standard deviation of the data

What is the mean of the data? What is the median of the data? What is the sample standard deviation of the data?

  If equilibrium output rises by a total of 250 billion in

if equilibrium output rises by a total of 250 billion in response to an increase in government spending of 25 billion

  Calculate descriptive statistics for each stock

Calculate descriptive statistics for each stock and the S&P 500. Comment on your results. Which stocks are the most volatile? Calculate the value of beta for each stock.

  Find the line of best fit and graph it

Find the line of best fit and graph it on the scatterplot. State the equation of the line - State the slope of the line of best fit. Carefully interpret the meaning of the slope in a sentence or two

  Calculate the mean median and mode

Calculate the mean, median, and mode of the measurements taken in Module 1 SLP. Be sure to express each value of central tendency in units

  Combined dimension in excess

What is the probability that an assembly chosen at random will have a combined dimension in excess of 262?

  Find probability that randomly chosen worker is married

College graduates, and half of the college graduates are married. What is the probability that a randomly chosen worker is: Neither married nor a college graduate?

  Give the formula for test statistic and p-type one error

a. What is the probability of a type I error? b. Give the formula for the test statistic.

  F-test used in the analysis of variance

The F test is used in Analysis of Variance (ANOVA). When would a researcher use an ANOVA? Explain (one paragraph in length).

  Find the probability that three would fail

At a certain University, it was found that historically, 10 percent of Ph.D. students fail the program. In a sample of 5 randomly selected Ph.D. Students, find the probability that 3 would fail.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd