Perform a one-tailed test

Assignment Help Finance Basics
Reference no: EM131214137

The mean SAT score in mathematics, , is . The standard deviation of these scores is. A special preparation course claims that its graduates will score higher, on average, than the mean score. A random sample of students completed the course, and their mean SAT score in mathematics was . At the level of significance, can we conclude that the preparation course does what it claims? Assume that the standard deviation of the scores of course graduates is also .

Perform a one-tailed test. Then fill in the table below.

Carry your intermediate computations to at least three decimal places, and round your responses as specified in the table. (If necessary, consult a list of formulas.)

The null hypothesis:

H0:

The alternative hypothesis:

H1:

The type of test statistic:The value of the test statistic:

(Round to at least three decimal places.)

The critical value at the level of significance:

(Round to at least three decimal places.)

Can we support the preparation course's claim that its graduates score higher in SAT?YesNo

Reference no: EM131214137

Questions Cloud

What height represents the first quartile : In a survey of men in a certain country (ages 20-29), the mean height was 66.5 inches with a standard deviation of 2.9 inches. a) What height represents the 80th percentile? b) What height represents the first quartile?
What is the probability that none of the people : a.) What is the probability that none of the people are independent? b.) What is the probability that fewer than five people are independent?  c.) What is the probability that more than two people are independent?
Identify the computers operating system : Identify the computer's operating system, version of operating system, processor, and total memory (RAM) installed. Exploring the Activity Monitor (Screenshot and written response required).
How long will it take to perform a full backup of the data : Given a tape backup device based on LTO-2 technology (200 GB per tape and 24 megabytes per second (MB/s) transfer rate), how long will it take to perform a full backup of the data?
Perform a one-tailed test : A random sample of students completed the course, and their mean SAT score in mathematics was . At the level of significance, can we conclude that the preparation course does what it claims? Assume that the standard deviation of the scores of cour..
How much work must be done to stop the car : What is the kinetic energy of a 2,030 kg car that is traveling at 98.0 km/h? answer must be given in kJ, How much work was done to give the car this kinetic energy, assuming that the car starts from rest? Answer must be given in kJ and How much w..
What have been the driving forces of growth in china : What have been the driving forces of growth in China? View on YouTube: Riding China's reforms to riches - 18 Dec 08 (3:08 minutes). How did industrial development help the Chinese to become affluent?
Find the current i by using the superposition theorem : If R1 = 5Ω , R2 = 10Ω, Vs = 10V, and IS = 3A in the circuit of given figure, find the current i by using the superposition theorem.
What factors contribute to the leadership self-efficacy : How do the women in this study compare with the demographic profiles of African American women-owned businesses who have participated in the educational program designed for existing businesses positioned for growth?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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