Perform the appropriate test and interpret results

Assignment Help Basic Statistics
Reference no: EM132166987

You are studying vacation rentals in a particular area identified by population,1 and population 2. You believe the mean price paid by population 2 should be greater than the mean price paid by population 1. Upon taking random samples of 15 from population one, you calculate a mean of $500 with a variance (s- squared) of $50625. You have 20 random samples from population 2 with a sample mean of $700 in a variance, $52900.

A. Set up appropriate hypotheses.

B. Perform the appropriate test and interpret your results

C. Construct a 95 percent confidence interval that will contain the true difference between the population means

Reference no: EM132166987

Questions Cloud

Analyze the validity and constitutionality of officers jone : The officer then recited the information that was obtained from the trash in an affidavit in support of a warrant to search the defendant's home.
Create a storybird using the theory : Family life educators need to consider issues related theory, research, practice and context! Select one of the theories below based on the first letter.
Florists hypothesized distribution of color preferences : A. Setup hypotheses to test whether or not these data support the florists hypothesized distribution of color preferences
Describe the four purposes of research in criminal justice : Identify and describe the four purposes of research in criminal justice. Explain the relationship among the 4 purposes of research?
Perform the appropriate test and interpret results : A. Set up appropriate hypotheses. B. Perform the appropriate test and interpret your results
Identify the null and alternative hypotheses for test : Identify the null and alternative hypotheses for this test, p value, test statistiv, and conclusion
Explain the purpose of the design : In your own words, explain the purpose of the design, what these type of studies tell you and what they don't tell you and.
Identify the null and alternative hypotheses for test : Identify the null and alternative hypotheses for this test, p value, test statistic, and conclusion.
Discuss the characteristics of a good officer : Interview a current or former police on their views of what makes a "good" police officer and provide your results of the discussion.

Reviews

Write a Review

Basic Statistics Questions & Answers

  How would given change company exposure to each type of risk

The company is thinking of changing its test to use a 10% level of significance. How would this change the company s exposure to each type of risk?

  Find present value given that interest rates are a constant

Find the present value given that interest rates are a constant 6%, vnnpx = 0.4 and Ax(1n) = 0.2. Assuming UDD, find a formula for the present value in terms of end-of-the-year-of-death insurances.

  P value that corresponds to the test statistic

If I test at the 1% level, how would I find the pooled sample proportion, test statistic, and the p value that corresponds to the test statistic.

  How to run a one-way anova with eta in spss

Can someone give me instructions on how to run a one-way ANOVA with Eta in SPSS?

  Discrete probabilities or distributions

Provide an example that follows either a binomial or Poisson distribution, and explain why that example follows that particular distribution.

  Computing p-value for coke fill levels

Assume that cans of Coke are filled so that the actual amounts have a mean of 12.00 oz and a stand. dev. of 0.11 oz. Find the P that a sample of 36 cans will have a mean amount of at least 12.19 oz.

  Suppose there is no cyclical component

Suppose there is no cyclical component. Quarterly billing for water usage is shown below describe summer billing for year 5.

  Determine the p value for the test

For each of the following tests and z values, determine the p-value for the test:- Left-tail test and z = - 1.62- Right-tail test and z = 1.43.

  What percentage of bulbs have lifetimes that lie in range

Standard deviation of 8 hours. what percentage of the bulbs have lifetimes that lie within 1 standard deviation to either side of the mean?

  Recipe brought to america by an immigrant ancestor

Leggo's pesto is make from a recipe brought to America by an immigrant ancestor the present generation refers to as Bisnonna Maria.

  Values of probability based on binomial distribution

Find the probability of exactly 6 Mexican-Americans among 12 jurors.

  True survival curve-kaplan meier survival

Generate survival times X from an exponential distribution with rate lambda=1 with a censoring distribution C being exponential with rate theta = 2/3. Then Plot Kaplan-Meier Survival curve estimates along with true survival curve for n=25,100,1000..

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