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Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic, P-value, critical value(s), and state the final conclusion that addresses the original claim.
In a manual on how to have a number one song, it is stated that a song must be no longer than 210 seconds. A simple random sample of 40 current hit songs results in a mean length of 242.2 sec and a standard deviation of 53.81 sec. Use a 0.05 significance level and the accompanying Minitab display to test the claim that the sample is from a population of songs with a mean greater than 210 sec. What do these results suggest about the advice given in the manual?
Minitab display
One-Sample T
Test of mu = 210 vs> 210
N 40 Mean 242.20 StDev 53.81 SE Mean 8.51 95% Lower Bound 227.86 T 3.78 P 0.000
What are the hypotheses?
Select and generate your assignment portfolio. The S&P/ASX 200 index is comprised of several sub-indices, including the following: 0) XPJ: The S&P/ASX 200 A-REIT Index 1) XDJ
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