User Account

All Pages

Standard deviation goal

Assignment Help Business Economics
Reference no: EM131589155

From the data below:

1.4 -2.9 2.1 5 3.5 -6.3 3.2 -4.1 4.5 5 -1.8 4.5

a. State the appropriate null and alternative hypotheses to be used to determine if the standard deviation goal is being met.

b. Report the critical value(s) for this test using a significance level of 5%.

c. Report the test statistic.

d. Draw a conclusion and in one sentence interpret your results.

Reference no: EM131589155

Questions Cloud

Drop the euro and return to its own currency : 1. Why would a nation "dollarize" another country's currency instead of having its own? 2. Why might Greece want to drop the euro and return to its own.
Write a java program the displays the state bird and flower : Write a Java program the displays the State bird and flower. You should use your IDE for this exercise. You should also use Java classes
Organization marketing department : Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.
Discuss juvenile who violated the law in 1860 : Suppose you were a juvenile who violated the law in 1860 and were subsequently sent to a house of refuge or reformatory
Standard deviation goal : State the appropriate null and alternative hypotheses to be used to determine if the standard deviation goal is being met.
Create a java class named headphone to represent a headphone : Create a Java class named HeadPhone to represent a headphone set - Create a TestHeadPhone class that constructs at least
Examine key methods of marketing for retailing : Select one (1) of these methods and apply it to a retail business in which you are interested. Provide justification for your selection.
Many states experience high levels of correctional turnover : Many states experience high levels of correctional turnover. What challenges does high turnover present to the correctional organization
Expain professional ethics and responsibilities of employees : Expain professional ethics and responsibilities of employees to the community and professional ethics and responsibilities of intermediaries;

Reviews

Write a Review

Business Economics Questions & Answers

  The long-term nature of the employment relationship

The long-term nature of the employment relationship: motivates household members to seek market work in order to earn an income. reduces the sensitivity of wage rates to changes in demand and supply.

  Decide whether it should hot-patch

A state highway department is trying to decide whether it should “hot-patch” a short section of an existing county road or resurface it. If the hot-patch method is used, approximately 300 cubic meters of material would be required at a cost of $700 p..

  Equilibrium price-quantity and price elasticity of demand

The demand for a product is Qd = 100 - 4P +3Px and supply is Qs = 10 +2P, where Q is the quantity of the product in thousands of units, P is the price of the product, and Px is the price of another good. When Px = 40, the equilibrium price of the pro..

  Putting price ceiling on medical service

Instead of putting price ceiling on medical service, some states (e.g. Texas) put cap on malpractice lawsuit compensation. In your opinion, does medical litigation promote the practice of defensive medicine?

  Pure competition makes society better off

Which characteristic would best be associated with pure competition and is a reason why economists suggest pure competition makes society better off?

  Efficient means of setting optimal patent life

We suggested above that an annually increasing renewal fee would be an efficient means of setting optimal patent life. Similarly, suppose that owners who wanted to restrict future use of their property had to pay a fee for each year that the restrict..

  Private practice needs a van to carry crew and equipment

A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,700 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..

  Draw the indifference curve for each consumer

Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X+2Y UB(X,Y) = X*Y The initial endowments are: A: X = 2; Y = 8 B: X = 2; Y = 8 a) Using an Edgeworth Box, graph the initial allocation and draw t..

  Understanding terms enhance management performance

How will understanding these terms enhance management performance? Be specific in view of impact.

  Monetary policy is clearly superior to fiscal policy

Monetary policy is clearly superior to fiscal policy in that it suffers less from..

  The rate at which one input may be substituted

The rate at which one input may be substituted for another input in the production process, while total output remains constant

  When economic profit is positive

If it is easy for a firm to get into or exit from a market, then a firm in that market will be able to earn positive economic profits. When economic profit is positive,

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