What is the decision rule

Assignment Help Basic Statistics
Reference no: EM131893792

Chicken Delight claims that 92% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 80 orders revealed that 72 were delivered within the promised time. At the 0.01 significance level, can we conclude that less than 92% of the orders are delivered in less than 10 minutes?

a. What is the decision rule? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)

Reject H0 if z < 

b. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round the intermediate values and final answer to 2 decimal places.)

Value of the test statistic  

c.What is your decision regarding the null hypothesis?   (Click to select)

Cannot reject

Reject

H0 : π ≥ 0.92

Reference no: EM131893792

Questions Cloud

Probability that this stock will produce return : Which one of the following best describes the probability that this stock will produce a return of 22 percent or more in a single year?
Factors related to organizational culture and innovation : Explain why Mattels managers were able to slowly change decision making over time and what kinds of cognitive errors contributed
Calculate the percentage of individuals : The average american spent 4.4 hours per day watching television during 1996. Suppose the standard deviation is 2.1 hours
Modify the recursive descent compiler for the language : COMP4403/COMP7402 - Compilers and Interpreters Assignment. Modify the recursive descent compiler for the language PL0 to add a skip statement
What is the decision rule : At the 0.01 significance level, can we conclude that less than 92% of the orders are delivered in less than 10 minutes?
What is your total dollar return on investment : What is your total dollar return on this investment? What is your rate of return over this six-month holding period?
Null hypothesis of equality of population means : State the critical (tabled) value of t that would be used to reject the null hypothesis of equality of population means, for an independent groups t-test
Discuss at least two reasons for the trade deficit : Discuss at least two reasons for the trade deficit. Note: Your discussion must be based on positive economic analysis. Avoid interjecting your personal opinion.
Test the relevant hypothesis : A random sample of counties will be obtained, and the cost of these goods in each county will be used to test the relevant hypothesis.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Increase and decrease of r-squared

In a regression analysis, if a new independent variable is added and R-squared increases and adjusted R-squared decreases precipitously, what can be concluded?

  Are two groups significantly different-level of significance

Is it sensible to conclude that mean weekly salary of school teachers is lower at .05 level of significance? Explain why?

  Hypotheses for right-tailed test- test statistic and p-value

State the hypotheses for a right-tailed test. Obtain a test statistic and p-value assuming equal variances. Interpret these results. Is the difference in mean scores large enough to be important?

  Correlation between midterm scores

In a certain class, midterm score averages out 70 with an SD of 15, as do scores on the final. The correlation between midterm scores and final scores is about 0.40. The scatter diagram is football-shaped.

  Perform a one-way between subjects manova on the data

This problem set introduces you to the use of SPSS for analyzing data with more than one IV and more than one DV to investigate comparison of means.

  Draw sketch and find two-readings for cutoff values

Draw sketch and find the two-readings that are cutoff values separating the rejected thermos from the others. Graph and then note the cut off values.

  Confidence interval for the proportion of females

Representatives from the USDepartment of Labor selected a random sample of 525 from over 10,000records on file and found that 229 are female. The 95% confidence interval for the proportion of females in the US labor force is

  Which type of lettuce would recommend

Determine if the number of lettuce heads harvested for the two lettuce types is independent of the levels of sodium absorption ratios (SAR).

  What is the probability of the event in given case

After testing, asphalt shingles are classified as high, medium, or low grade, and different grade shingles are sold under different warranties.

  Construct a 95 confidence interval to estimate the

suppose the following data are selected randomly from a population of normally distributed values.44 51 43 48 45 57 54

  Percent of confidence intervals

Suppose we had generated 100 confidence intervals. What do you think would happen to the percent of confidence intervals that contained the population mean?

  Estimate the mean and standard deviation of this process

components used in a cellular telephone are manufactured with nominal dimension of .3 mm and lower and upper

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