StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Stats Problems - Report Example

Cite this document
Summary
This paper 'Stats Problems' tells that The alternate hypothesis involves not equal to sign (≠). Therefore, the test is a two-tailed (non-directional) test and the α = 0.005 is divided equally between the two tails of the critical region that is α/2 = 0.0025Since the p-value (0.0005) is less than the 0.01 significance level. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
Stats Problems
Read Text Preview

Extract of sample "Stats Problems"

7-5 # 14 pg 372 Using Table 7-2 on page 371, n ≥ 47 The minimum sample size needed to be 95% confident that the sample standard deviation s is within20% of σ is 47. #18 pg 373 µ = 5.670 g, σ = 0.062 g, n = 24, s = 0.049 g Degree of freedom = n – 1 = 24 – 1 = 23 = 38.08, = 11.69 95% Confidence Interval Estimate of σ 0.038 g< σ < 0.069 g Based on this result, we have 95% confidence that the limits 0.038 g and 0.069 g contain the true value of σ, the standard deviation of the weights of quarters made with new equipment. This interval includes the standard deviation of 0.062 g of the weights of quarters currently minted. Therefore, the new equipment does not appear to produce a standard deviation that is clearly lower than the standard deviation of 0.062 g from the old equipment. Even though the standard deviation of the sample (o.o49 g) is less than the current standard deviation of o.062 g, it is not low enough to be significant. Based on that available data, the new equipment does not appear to be effective in reducing the variation of the weights. #24 pg 374  n = 10, s = 0.477 (Using Excel function STDEV) Degree of freedom = n – 1 = 10 – 1 = 9 = 19.023, = 2.700 95% Confidence Interval Estimate of σ 0.328 < σ < 0.871 Based on this result, we have 95% confidence that the limits 0.328 and 0.871 contain the true value of σ, the standard deviation of the waiting times (in minutes) of customers at the Jefferson Valley Bank. 8-2 #24 pg 404 The alternate hypothesis involves not equal to sign (≠), therefore the test is two-tailed (non-directional) test and the α = 0.005 is divided equally between the two tails of the critical region that is α/2 = 0.0025 The critical z values are ±2.81. #26 pg 405 = 152/580 = 0.262, p = 0.25, q = 1 – 0.25 = 0.75, n = 580 = = 0.67 # 40 pg 405  It was claimed that about 34% of smokers experience sleeping difficulty. However, data suggested that it is not equal to 34%. 8-3 #6 pg 414 = 0.1593, p = 0.20, q = 1 – 0.20 = 0.80, n = 703 (a) The test statistic is = = -2.698 (b) The critical value for left tailed test is z = -1.645 (c) The p-value is p-value = 0.0035 (d) Reject null hypothesis. (e) Based on the preceding results, we can conclude that 15.93% is significantly less than 20% for all such hypothesis tests. The reason for this is that p-value (0.0035) is less than 0.05 significance level. #14 pg 415 = 58/1520 = 0.0382, p = 0.058, q = 1 – 0.058 = 0.942, n = 1520 The Null and alternate hypothesis are The level of significance, α is .01. The test statistics is == -3.31 The p-value is 0.0005. Since the p-value (0.0005) is less than the 0.01 significance level. Therefore, The decision is to reject the null hypothesis. The result suggests that the claim that fewer job applicants now use drugs is true. #24 pg 417 = 0.183, p = 0.27, q = 1 – 0.27 = 0.73, n = 785 The Null and alternate hypothesis are The level of significance, α is .01. The test statistics is == -5.41 The p-value is less than 0.0001. Since the p-value (< 0.0001) is less than the 0.01 significance level. Therefore, The decision is to reject the null hypothesis. The result suggests that the claim that the rate of smoking among those with four years of college is less than the 27% rate for the general population is true. The college graduates smoke at a lower rate than the others may be because of awareness that smoking is injurious for health. 8-4 #14, pg 424 µ = 4.50, σ = 2.87, α = 0.05, = 1.753, n = 73 The Null and alternate hypothesis are The level of significance, α is .05. The test statistics is = = -8.18 The p-value is less than 0.0001. Since the p-value (< 0.0001) is less than the 0.05 significance level. Therefore, The decision is to reject the null hypothesis. Bonds claim that last digits come from a population with a mean of 4.50 is not true. Based on the results, it appears that the distances were accurately measured. #18 pg 425  µ = 1.8 g, σ = 0.30 g, α = 0.05, = 1.71, n = 15 The Null and alternate hypothesis are The level of significance, α is .05. The test statistics is = = -1.30 The p-value is 0.1946. Since the p-value (0.1946) is greater than the 0.05 significance level. Therefore, The decision is to retain the null hypothesis. The claim that bumblebee bats are from the same population with a known mean of 1.8 g is true. The bats appear to come from the same population of bumblebee bats. 8-5 #14 pg 432 µ = 7 years, s = 2.4 years, α = 0.05, = 6.8 years, n = 21 The Null and alternate hypothesis are years years The level of significance, α is .05. The degree of freedom is 20. The test statistics is = = -0.38 The p-value is 0.3533. Since the p-value (0.3533) is greater than the 0.05 significance level. Therefore, The decision is to retain the null hypothesis. The claim that the mean life span of desktop PCs is less than 7 years in not true. #20 pg 433 µ = 700, s = 95.9, α = 0.05, = 660.3, n = 18 The Null and alternate hypothesis are The level of significance, α is .05. The degree of freedom is 17. The test statistics is = = -1.76 The p-value is 0.0970. Since the p-value (0.0970) is greater than the 0.05 significance level. Therefore, The decision is to retain the null hypothesis. The claim that these credit ratings are from a population with a mean that is equal to 700 is true. No, the results do not indicate that everyone will be eligible for a car loan. In this case, that the Bank of Newport requires accredit rating of 700 or higher for a car loan the alternate hypothesis will be and the p-value for one tail test is 0.0485, which is less than the 0.05 significance level. Therefore, the decision will be to reject null hypothesis. This means that the claim that these credit ratings are from a population with a mean that is equal to 700 is not true. #26 pg 434  µ = 0.3, s = 0.168, α = 0.05, = 0.295, n = 16 The Null and alternate hypothesis are The level of significance, α is .05. The degree of freedom is 15. The test statistics is = = -0.12 The p-value is 0.4533. Since the p-value (0.4533) is greater than the 0.05 significance level. Therefore, The decision is to retain the null hypothesis. The claim of a cereal lobbyist that the mean for all cereals is less than 0.3 g is not true. 8-6 # 12, pg 442 σ = 43.7 ft, s = 52.3 ft, α = 0.05, n = 81 The Null and alternate hypothesis are The level of significance, α is .05. The degree of freedom is 80. The critical values are = 106.6, = 57.15 The test statistics is = = 114.59 Since the test statistic (114.59) is greater than the critical value = 106.6 (that is in the critical region). Therefore, The decision is to reject the null hypothesis. The claim that the new production line has errors with a standard deviation different from 43.7 ft is true. The new production method appears to be worse than the old method. #16 pg 443  σ = 2.5 in, s = 1.187 in, α = 0.05, n = 18 The Null and alternate hypothesis are The level of significance, α is .05. The degree of freedom is 17. The critical value is = 8.672 The test statistics is = = 3.83 Since the test statistic (3.83) is in the critical region. Therefore, The decision is to reject the null hypothesis. The claim that heights of female supermodels vary less than the heights of woman in general is true. . Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Stats Problems Report Example | Topics and Well Written Essays - 1250 words, n.d.)
Stats Problems Report Example | Topics and Well Written Essays - 1250 words. https://studentshare.org/physics/1721900-stats-problems
(Stats Problems Report Example | Topics and Well Written Essays - 1250 Words)
Stats Problems Report Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/physics/1721900-stats-problems.
“Stats Problems Report Example | Topics and Well Written Essays - 1250 Words”. https://studentshare.org/physics/1721900-stats-problems.
  • Cited: 0 times

CHECK THESE SAMPLES OF Stats Problems

Unethical Status (Ageincy Problem)

Agency problems arise because of conflicting interest of shareholders and the management or with lenders.... Shareholder-management conflict occurs when managers use the resources of the company for their personal gains rather than pursue the interest of shareholders.... … Usually, the main agency relationship is between shareholder and managers of an organisation and also between shareholders and lenders....
3 Pages (750 words) Case Study

The US Healthcare System: Problems and Proposals

In short, there are problems.... The essay will conclude with some proposals for alleviating the severity of these problems.... There is little debate regarding the goals of a well-functioning and comprehensive national health care system.... Indeed, it is widely agreed that primary goals ought to include the production of well-trained doctors and nurses, the provision of high-quality care, and the delivery of cost-effective care....
8 Pages (2000 words) Essay

Drugs Problem In United States

The essay concerns the problem of drug abuse of American people.... It is mentioned in the text that drugs or psychoactive substances are used to seek relief from cold, hunger, deprivation, anxiety, pain and boredom throughout the history of man.... … The author of the essay stresses that today man has deliberately created new chemical substances and institutionalized their availability for similar uses....
4 Pages (1000 words) Essay

United States Border Control Problems and Solutions

The paper "United States Border Control problems and Solutions" presents a picture of the border control policies, issues, and possible solutions to such issues.... Before and after the 9/11 attacks, the US government has set in place various policies to protect the US against illegal migrants, criminal activities from across the border, and terrorists....
20 Pages (5000 words) Thesis

Parking Problem At Florida State University

It is one of the biggest administrative problems in university.... However, there are some internal administrative problems within the school.... However, there are some internal administrative problems within the school which does raise some doubt over the competency of the school administration.... One of the biggest administrative problems in this regard is “parking problem”.... To combat such problems, some effective and highly efficient strategies can be made which would be beneficial in the long and the short run....
2 Pages (500 words) Essay

Managerical stats problem

ome of the year-end performance data for the 2005 season appear on the data disk in the file NFL stats.... Q3) The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.... 0(business week, special annual issue, spring 2003).... Assume the stock prices are normally distributed. ...
3 Pages (750 words) Speech or Presentation

Educational Problems in United States

The goal of this term paper is to identify the most crucial problems associated with the current educational system of the United States.... Furthermore, the writer of the paper will effectively address these problems thus providing recommendations on how to tackle existing issues....
6 Pages (1500 words) Term Paper

Major Domestic Problem Confronting the United States

), human activities form the basis of all the problems affecting the environment.... This paper "Major Domestic Problem confronting the United States" looks at the social, economic, and health-related effects of overreliance on fossil fuels in energy extraction and the available alternative renewable sources that can be adopted to help counteract these negative effects....
6 Pages (1500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us