Is the given problem, a two-tailed or one-tailed test? if one-tailed, determine if it's right or left tailed. 2. An insurance company claims that the mean cost to process a claim is $60. An industry comparison showedthis amount to be larger than most other insurance companies, so the company instituted cost-cutting measures.To evaluate the effect of the cost-cutting measures, the supervisor selected a random sample of 26 claimsprocessed last month and recorded the cost to process each claim. The sample information is reported below (in$).40486356644549 62436153677848545156636958515859573876At the 0.05 significance level, is it reasonable to conclude that the mean cost to process a claim is $60?

Hypothesized Population Mean (µ) = $ 60 The Calculated sample mean is = $ 56.42 Sample standard…

Answered: 2. An insurance company claims that the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Write the null and hypothesis for this test.
A researcher gathered a sample of participants who volunteered for a studying of phobias. She measured anxiety level of participants as they viewed photos of spiders and again when they viewed puppies. Which statistical test is appropriate for this study and why?
would this be a one tail or two tail test?
One personality test available on the World Wide Web has a subsection designed to assess the "honesty" of the test-taker. After taking the test and seeing your score for this subsection, you're interested in the mean score, μ , among the general population on this subsection. The website reports that μ is 148 , but you believe that μ is greater than 148 . You decide to do a statistical test. You choose a random sample of people and have them take the personality test. You find that their mean score on the subsection is 152 and that the standard deviation of their scores is 28 . Based on this information, answer the questions below. What are the null hypothesis ( H0 ) and the alternative hypothesis ( H1 ) that should be used for the test? H0 : μ is H1 : μ is In the context of this test, what is a Type I error?A Type I error is the hypothesis that μ is when, in fact, μ is .Suppose that you decide not to…
The Mean and SD came out wrong
A political scientist claims that 38% of first-year college students characterize themselves as being “moderate” or “middle of the road” as far as their political affiliation is concerned. Believing this claimed value is too high, you survey a random sample of 400 first-year college students and find that 120 characterize themselves as being “moderate” or “middle of the road.” Based on this information, what will the test statistic be? Choose the answer below that is closest to what you calculate, and try not to do a lot of rounding until you get to the very end of your calculations. 1. -0.3 2. -1.2 3. -2.6 4. -3.3 5. None of the other answer options are correct because the test statistic should be positive, not negative.
One personality test available on the World Wide Web has a subsection designed to assess the "honesty" of the test-taker. After taking the test and seeing your score for this subsection, you're interested in the mean score, µ, among the general population on this subsection. The website reports that µ is 142, but you believe that u is less than 142. You decide to do a statistical test. You choose a random sample of people and have them take the personality test. You find that their mean score on the subsection is 135 and that the standard deviation of their scores is 28. Based on this information, answer the questions below. What are the null hypothesis (H) and the alternative hypothesis (H,) that should be used for the test? Ho: u is ? ? |H,: µ is ? H : ? In the context of this test, what is a Type II error? A Type II error is ? v the hypothesis that u is ? v when, in fact, μ is| ? ? Suppose that you decide not to reject the null hypothesis. What sort of error might you be making? ?
One personality test available on the World Wide Web has a subsection designed to assess the "honesty" of the test-taker. After taking the test and seeing your score for this subsection, you're interested in the mean score, µ, among the general population on this subsection. The website reports that u is 148, but you believe that u is greater than 148. You decide to do a statistical test. You choose a random sample of people and have them take the personality test. You find that their mean score on the subsection is 155 and that the standard deviation of their scores is 28. Based on this information, answer the questions below. What are the null hypothesis (H,) and the alternative hypothesis (H,) that should be used for the test? H: u is ? |H;: µ is ? ? In the context of this test, what is a Type I error? A Type I error is ? fact, u is ? v the hypothesis that u is ? v? v. when, in Suppose that you decide to reject the null hypothesis. What sort of error might you be making? ?
One personality test available on the World Wide Web has a subsection designed to assess the "honesty" of the test-taker. You are interested in the mean score, μ , among the general population on this subsection. The website reports that μ is 145, but you have good reason to believe that μ is less than 145. You decide to do a statistical test. You choose a random sample of people and have them take the personality test. You find that their mean score on the subsection is 139 and that the standard deviation of their scores is 28. Based on this information, complete the parts below. (a) What are the null hypothesis H0 and the alternative hypothesis H1that should be used for the test? H0: H1: (b) Suppose that you decide to reject the null hypothesis. What sort of error might you be making? ▼(Choose one) (c) Suppose the true mean score among the general population on the subsection is 136. Fill in the blanks to describe a Type II error. A Type II error…
Describe a study in which you can use both nonparametric and parametric statistics. A researcher has participants expecting to receive either painful or mild electrical shocks during a study wait in a quarter-full waiting room with other participants. He then measures whether they choose to sit next to other participants or if they sit far away on their own. What is the best test to run for this study and why?
The Jaccard's coefficient is appropriate when it is more informative to match negative outcomes between observations. True or False True False
We want to investigate the connection of two factors with IQ. One factor has three levels and the other has two levels. Which of the following tests fits the setting best? You can assume that the other assumptions of the test are valid. Choose one: a.Two-way analysis of variance b.Independence test c.Two-sample t-test

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS