What is the test value for their claim

Assignment Help Mathematics

Reference no: EM13180162

An averaged department store sells 350 mens suits per year. The mens suit departments at a particular national chain of stores claim they sell more than the industry average. In 35 of their stores they sold on the average 430 suits per year with a population standard deviation of 40. What is the test value for their claim?

possible answers

0.34
2.00
6.92
11.83

Reference no: EM13180162

Questions Cloud

What is the sample space : What is the Sample Space? and Find the sets corresponding to the events: A = "hand is in the first four hours." B = "Hand is between 2nd and 8th hours inclusive"; and D = "hand is in an odd hour"?

What is the probability that the other one is also a boy : Mr X has two children. One of them is a boy born on tuesday.What is the probability that the other one is also a boy?

What restriction on federal employees are contained : What restriction on federal employees are contained in the the Antideficiency Act and the Government Performance Results Act addresses performance plans and reports

How many rectangles can sam make : Sam purchased 1000m2 of material and needed to cut it into rectangles of area 200cm2 for a patchwork quilt. This can be done with no waste. How many rectangles can Sam make.

What is the test value for their claim : In 35 of their stores they sold on the average 430 suits per year with a population standard deviation of 40. What is the test value for their claim?

Compute net income as a percentage of net sales : Compute net income as a percentage of net sales in each year and compute the percentage change in each of the above items from 2010 to 2011. Use a + or - to indicate increase or decrease.

Find the private marginal benefit : Smartphones require superconductors, and the production of superconductors is heavily polluting due to the use of many chemicals in the process. The damages to society are given by Ds = 10x2.a) Find the private marginal benefit, the private margina..

What is the marginal abatement cost : Plant B was constructed 2 months ago; it has a pollution abatement cost of 10c2. Assume that neither plant is initially engaging in pollution abatement. The per unit benefit to a unit of pollution abatement is constant at $1500. Unless told otherw..

Compute the coefficient of determination : )TLC Lawn Care, Inc. provides fertilizer and weed control services to residential customers. Its seasonal services package, regularly priced at $250, includes several chemical spray treatments. As part of an effort to expand its customer base, TLC..

User Account

All Pages