State of illinois on the national math assessment

Assignment Help Finance Basics
Reference no: EM131081367

QUESTION: In Illinois a random sample of 85 eight grade students has a mean score of 265 on a national math assessment test. Based on historical date, the population standard deviation is estimated to be 55. Based on the sample mean of 265, a state administrator declares that the mean score for the eighth graders in state of Illinois on the national math assessment examination is more than 260. At alpha = 0.04, is there enough evidence to support the administrator's claim?

I would like each student to answer one part of the following 5-part question. The next student checks ALL the answers to the previous parts for correctness. If any of them is wrong, the student will correct it and explains in detail to his/her classmates why it was wrong. If answers to all previous parts are correct, the student shall answer the next unanswered part or build on one of the previously posted correct responses. Here are the 5 parts.

  1. Write Ho and Ha mathematically and identify the claim. Then, explain why you set up your hypotheses the way did in enough detail that your classmates who could not do this part correctly can follow and understand your reasoning
  2. Find the standardized test statistic z and its corresponding area under the distribution curve. Explain how you did it.
  3. Find the p-value. Show and explain your work in detail so your classmates who could not do this part can understand and follow your approach
  4. Decide whether to reject Ho or not. Explain your logic in detail
  5. Fully interpret the decision in the context of the original claim

Reference no: EM131081367

Questions Cloud

Question regarding the normal distribution table : If you want to find out the probability that a randomly picked student has scored 85 or above, what is the z value that you should look up on the normal distribution table? Show work
Which of the groups of variables are all direct variables : Which of the following are the two primary methods for obtaining competitive advantage described by Michael Porter? (select the two that apply)
Probability of conceiving a boy : The Genetics and IVF Institute conducted a clinical trial of the YSORT method designed to increase the probability of conceiving a boy. As of this writing, 291 babies were born to parents using the YSORT method, and 239 of them were BOYS.
Evaluate relevance of nursing research to nursing practice : Please review the American Nurses' Association Code of Ethics and the Florida Nurse Practice Act as well as other professional organizations as you develop this paper. The focus of this paper will be on how your role as an advocate will evolve as ..
State of illinois on the national math assessment : Based on the sample mean of 265, a state administrator declares that the mean score for the eighth graders in state of Illinois on the national math assessment examination is more than 260. At alpha = 0.04, is there enough evidence to support the ..
How can stockholders deal with management : How can stockholders deal with management always knowing more than they do in a management buyout? What judge ruled that Dell was worth more than Michael Dell paid to take the company private in 2013?
Summarize information about the available workforce to care : Summarize your comparison of the infant mortality or HIV rates for the U.S. and one developed and one developing country. Include a summary of what the U.S. could learn from your selected comparison countries if they have better rates or what thos..
Questionnaire scores between the two companies : a. Are there differences in questionnaire scores as a result of the using the two widgets? Explain. b. Are there differences in questionnaire scores between the two companies? Explain.
Explain the legal distinction between an agent and a broker : Explain the legal distinction between an agent and a broker. Briefly describe and explain the key features of the following distribution systems in the marketing of property and casualty insurance.

Reviews

Write a Review

Finance Basics Questions & Answers

  Develop a spreadsheet model

Develop a spreadsheet model, and use it to find the project's NPV, IRR, and payback.

  Return on common stock equity

Compute the following: (It is not necessary to use averages for any balance sheet figures involved.)

  Compare the cost of the truck to the cash flow records

Explain how Stephanie should convince her mother that it is inappropriate to call the bank manager and his wife for assistance in getting the loan approval?

  Intrinsic value

Determine intrinsic value of the option and option's time premium at this price.

  Different segments of the market

You need to find Alice 3 stocks to invest in from different segments of the market. The stocks should come from 3 varied sectors of the market: automotive, drug, and retail.

  A 595 percent coupon bond with fifteen years left to

a 5.95 percent coupon bond with fifteen years left to maturity is priced to offer a 6.9 percent yield to maturity. you

  The possible explanations for these patterns

Dorchester, Inc has asked you to help forecast exchange rates for China, Korea and Japan.

  Calculate the after-tax weighted average cost of capital

Given the following data for U&P Company: Debt (D) = $100 million; Equity (E) = $300 Million; rD = 6%; rE = 12% and TC = 30%. Calculate the after-tax weighted average cost of capital (WACC)

  In 1895 the first putting green championship was held the

in 1895 the first putting green championship was held. the winners prize money was 310. in 2010 the winners check was

  Which investment has the higher irr

You are deciding between two mutually exclusive investment opportunities. Both require the same initial investment of $10.5 million. Investment A will generate $2.03 million per year (starting at the end of the first year) in perpetuity.

  Quisco systems has 65 billion shares outstanding and a

quisco systems has 6.5 billion shares outstanding and a share price of 18.00. quisco is considering developing a new

  What is the estimated market value per share

(Common stock valuation, constant growth) You’ve discovered a company that is expected to pay $2.25 dividend at the end of this year.  The dividend is expected to grow forever at a constant rate of 4% a year. The required rate of return for this stoc..

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