The station purchased premium-grade gasoline

Assignment Help Other Subject
Reference no: EM13800337

Problem 1. The owner of a gasoline station wants to study gasoline purchasing habits by motorists at his station. He selects a random sample of 60 motorists during a certain week with the following results: the sample mean for purchases was 11.3 gallons, the sample standard deviation was 3.1 gallons, and 11 motorists purchased premium-grade gasoline. At the 0.10 level of significance (i.e., use α = .10),

a. Is there evidence that the population mean gasoline purchase was different from 10 gallons? Use the critical value approach. (7pts)

Critical value approach template:

State the null and alternative hypotheses.

What hypothesis test should you use? Circle one:

State your rejection rule (for the critical value approachmake sure to include your critical value(s)):

Calculate the test statistic (refer to part b).

State your conclusion based on (c) and (d). Circle one: Reject .

b. Is there evidence that fewer than 20% of all motorists at the station purchased premium-grade gasoline? Use the critical value approach.

Critical value approach template:

State the null and alternative hypotheses.

What hypothesis test should you use? Circle one:

State your rejection rule (for the critical value approachmake sure to include your critical value(s)):

Calculate the test statistic (refer to part b).

State your conclusion based on (c) and (d). Circle one: Do not reject .

c. Refer to part (b). If you were using the p-value approach, what would be the rejection rule?

d. Refer to part (b). If you were using the p-value approach, what would be the p-value?

Reference no: EM13800337

Questions Cloud

How much longer would the jump be : An athlete executing a long jump leaves the ground at 28.0 angle and travels 7.80 m a)What was the take off speed? b)If this speed were increased by just 5.0%,how much longer would the jump be
Explain reliability in the firm''s advertisements : Power Fund is a long-standing brokerage firm with a great history of high returns and well-managed growth. The managers at Power Fund repeatedly refer to terms like quality, growth, and reliability in the firm's advertisements. This demonstrates m..
Consumer direct marries purchase metrics to banner ads : Resources: "Yahoo! Consumer Direct Marries Purchase Metrics to Banner Ads" case study in Business Research Methods
Explain what intensity does she measure : This observer is 1.03 km away from the antenna. A second observer hovers in a blimp at an altitude of 561 m and measures the radiation intensity from the antenna when she is 1.37 km from the antenna. What intensity, in milliwatts per square meter,..
The station purchased premium-grade gasoline : Refer to part (b). If you were using the p-value approach, what would be the rejection rule?
Discuss the following concepts and give examples from every : 1. Discuss the following concepts and give examples from everyday life in which you might encounter each concept. Hint: For instance, consider the experiment of arriving for class. Some possible outcomes are not arriving (missing class), arriving on ..
Calculate the output the firm will provide : The firm will encounter no fixed costs, and all revenue is after taxes. As your firm has been granted an exclusive contract, your pricing and output decisions will be those of a monopolist.
What is the sapir-whorf hypothesis : What is the Sapir-Whorf hypothesis
Evaluates an organization''s innovation strategy : Choose an organization that is introducing new products or services. Select an organization according to the following criteria based on team member experience

Reviews

Write a Review

Other Subject Questions & Answers

  Eat candy under unconstrained conditions

The figure below plots the baseline bliss point (open circle) of a child who was given the opportunity to play pinball and eat candy under unconstrained conditions. As you can see, at the bliss point, the child spent 20 minutes eating candy and 10..

  Difference between the us and europe

Discuss one difference between the US and Europe among the many features.in european poiltics.

  Transportation is more complex in global value chains

Transportation is more complex in global value chains. The transportation infrastructure may vary considerably in foreign countries

  Benefits to providing classes from general education

Based on your learning about observational learning in this module, what are the benefits that these students could gain through their inclusion into a regular classroom?

  Prepare this assignment according to the apa guidelines

in an essay of 1000-1250 words discuss the models procedures effectiveness and limitations of the cognitive behavioral

  Illiterate peasant entering chartres cathedral

Imagine you are an illiterate peasant entering Chartres Cathedral in 1250 A.D. Describe something you could learn about Christianity just from viewing one of the stained glass windows

  Eplain the extent and nature of disorder like number of

you have researched the theoretical writings related to your selected mental disorder in the second part of the

  Aging and the elderly

Describe how different societies and technological factors affect how aging is viewed.

  Describe an independent groups experimental approach

Be sure to operationally define both your Independent Variable and your Dependent Variable. Give enough detail to convey your research method. Be sure that you are specifying the comparison that could be made to test this hypothesis.

  Role of nurse educator in higher education

Identify few legal or ethical issue pertaining to the role of the nurse educator in higher education. Describe the potential impact of this issue for the nurse educator, student nurse(s), and the institution.

  Care for a person in respiratory distress

How can you best care for a person in respiratory distress until EMS arrives at the scene?

  Emographics-globalization affect adult education-training

How do FERPA and ADA mandates affect adult education and training? How do situational, dispositional, and institutional barriers affect the adult learning process? How do external and internal factors interact to influence adult learning?

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