Statistical significance calculations

Assignment Help Basic Statistics
Reference no: EM13103901

Tourism is one consideration for CoffeeTime's future, A survey of 1,233 visitors to mumbai last year revealed that 110 visited a small cafe during their visit. Laura claims that 10% of tourists will include a visit to a cafe.

Use a 0.05 significance level to test her claim. Would it be wise for her to use that claim in trying to convince management to increase their advertising spending to travel agents? Explain.

Reference no: EM13103901

Questions Cloud

Values of alpha and beta : The percentage 'y' of impurities per batch in a certain chemical product is a beta random variable with probability density
Probability of finger ridge counts : In the study of fingerprints, an important quantitative characteristic is the total ridge count for the 10 fingers of the individual.
Standard deviation of all possible values : The standard deviation of all possible x values is called the?
Calculate number of containers : A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an average of 90 parts per hour while running.
Statistical significance calculations : Tourism is one consideration for CoffeeTime's future, A survey of 1,233 visitors to mumbai last year revealed that 110 visited a small cafe during their visit.
Probability that a consumer selected at random : What is the probability that a consumer selected at random: a. purchased fewer products than before? b. purchased the same number of products as before?
Is it possible to be successful without information systems : Describe in dtail will it be possible for managers of future to be successful without being information systems literate?
Calculating number of vats : A machine cell uses 242 pounds of a certain material each day. Material is transported in vats that hold 12 pounds each. Cycle time for the vats is about two hours.
Evaluate conditional probability : Trying to come up with the conditional probability for a problem that deals with court cases and number of appeals and reversals for a particular judge.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Make a scatter plot and line chart

Make a scatter plot of Y and X1 using Word. To do this click on insert and then chart. Click on X Y (Scatter). Enter the data from the table.

  Probability results for small and big businesses

A Gallup Poll (June 9 to 12, 2008) interviewed a random sample of 822 adults (18 years or older). The people in the sample were asked about their level of confidence in a variety of institutions in the United States. Here are the results for small..

  Regression analysis for cancer incidence data

Explain why it might be important to look at cancer incidence that is age-adjusted rather than just cancer incidence. Perform simple linear regression on these data and report your finding.

  Claiming probability of appliance manufacturer

An appliance manufacturer claims to have developed a new toaster oven that consumes an average of no more than 250 W. From previous studies, it is believed that power consumption for toaster ovens is normally distributed with a variance of 324 W.

  Determine strong negative and strong positive correlation

What is the difference between strong negative and strong positive correlation? What does zero correlation tell you? Can you share a relationship between two variables that is typically negative?

  Confidence interval for the population mean-margin error

Find a 99% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

  Normality assumption to construct confidence interval

Construct a 90 percent confidence interval for the proportion of all kernels that would not pop.

  Fit of a regression equation to the data

What terms describe the fit of a regression equation to the data? What is the practical use of the regression equation in the real world? Explain with some examples.

  Determining standard error of estimate

Determine the coefficient of determination R 2 . Determine standard error of the estimate s e .

  Preparting chart using z-value

In addition, record the values for the UCL, center line, and LCL. Also, record any points that are out of control. Use a z-value of three.

  Finding median if distribution of data is extremely skewed

Median can be a more suitable measure of central tendency than mean if distribution of data is extremely skewed.

  Finding z-value according to a normal distribution

Assume that a random variable, x, is distributed according to a normal distribution with mean 12 and standard deviation 2. Find the z-value if:

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