Test claim average age consumers by test statistics method

Assignment Help Basic Statistics
Reference no: EM13155682

The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken. The average age in the sample was 22.5 years with a standard deviation of 5 years. Assume the population of consumer ages is normally distributed.

a. Using the confidence interval method, test the claim that the average age of consumers is at least 30 years ( α= 0.05).
b. Test the same claim by using the test statistics method ( Z or T test).
c. Test the same claim by using the P-Value method ( Z or T test).

Reference no: EM13155682

Questions Cloud

What mass of magnesium nitrate do you need : prepare 250ml of a .5 mol/L aqueous solution of magnesium nitrae, Mg(N3)2. what mass of magnesium nitrate do you need?
Records reveal pretax financial accounting income : "Black Kitty Company recorded certain revenues of $10,000 and $20,000 on its books in 2007 and 2008, respectively. However, these revenues were not subject to income taxation until 2009. Company records reveal pretax financial accounting income an..
Explain briefly why profit is still likely to be lower : Explain briefly why TOTAL profit (profit from entire sales) is still likely to be lower with this pricing scheme than with perfect price discrimination, despite charging a fixed fee equal to the entire Consumer Surplus of a typical consumer?
Amount torrie repay at the end of third year : Torrie Company borrowed $50,000 on January 2, 2007. This amount plus accrued interest of 5% compounded annually will be repaid at the end of 3 years. What amount will Torrie repay at the end of the third year?
Test claim average age consumers by test statistics method : Using the confidence interval method, test the claim that the average age of consumers is at least 30 years ( α= 0.05). Test the same claim by using the test statistics method ( Z or T test).
Explain what is the nmr spectrum of benzene : What is the NMR spectrum of benzene, Suppose Dewar,Ladenburg,and Kekul?? had had a 13 C NMR spec- trometer.How many signals would the various candidates
How many liters of hydrogen gas will be needed : if 1.67l of oxygen reacts with hydrogen gas to produce liquid water how manny liters of hydrogen gas will be needed.
Asset accounts in the chart of accounts for miller design : How would the asset accounts in the chart of accounts for Miller Design Studio differ if it were a retail company that sold promotional products instead of a service company?
Due to financial hardship : Due to financial hardship, the Nyke shoe company feels they only need to make one size of shoes, regardless of gender or height. They have collected data on gender, shoe size.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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