What is the p-value associated with the test statistic

Assignment Help Basic Statistics
Reference no: EM132515245

The owner of a local nightclub has recently surveyed a simple random sample of n = 300 customers of the club. She would now like to determine whether or not the mean age of her customers is over 35. If so, she plans to alter the entertainment to appeal to an older crowd. If not, no entertainment changes will be made. Suppose she found that the sample mean was 35.5 years and the population standard deviation was 5 years. What is the p-value associated with the test statistic?

Reference no: EM132515245

Questions Cloud

What is the total cost that should be assigned to the job : Copy Center pays an average wage of $11 per hour to employees for printing, what is the total cost that should be assigned to the job
Formulate the null and alternative hypothesis : Formulate the null and alternative hypothesis, and test at the 5% significance level.
Determine the carrying value of the note at december : Determine the Carrying Value of this note at December 31, 2021, immediately after the 2nd cash payment has been received by Pitchfork.
What is the opportunity cost of accepting the offer : The additional cost of the label is estimated at $1.00 per crate. What is the opportunity cost of accepting the offer
What is the p-value associated with the test statistic : Suppose she found that the sample mean was 35.5 years and the population standard deviation was 5 years. What is the p-value associated with the test statistic
Find the economic value added equals : Invested capital is $11,450,000; current liabilities equal $325,000; and weighted average cost of capital is 17.5%; the economic value added (EVA) equals
Determine the amount of overhead applied to a job : Mesa's total estimated overhead is $200,000 and estimated direct labor is $100,000. Determine the amount of overhead applied to a job which used
What is the probability that at most 51 will favor the new t : If 100 residents are randomly selected and asked about their stance, what is the probability that at most 51 will favor the new tax?
Compute the total manufacturing costs added during period : Minstrel uses a predetermined overhead rate of 150% of direct labor cost. Compute the total manufacturing costs added during the period

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