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- A deck has "b" black cards and "y" yellow cards. Given that cards are drawn at a random fashion without replacement. Find the average where after drawing a black card it is immediately followed by a yellow cardRecall that Benford's Law clalms that numbers chosen from very large data files tend to have "1" as the first nonzero digit disproportionately often. In fact, research has shown that if you randomly draw a number from a v leading digit is about 0.301. Now suppose you are the auditor for a very large corporation. The revenue file contains millons of numbers in a large computer data bank. You draw a random sample of n = 229 numbers from this file and r 85 have a first nonzero digit of 1. Let p represent the population proportion of all numbers in the computer file that have a leading digit of 1. large data file, the probability of getting a number with "1" as the () Test the dalm that p is more than 0.301. Use a 0.10. (a) what is the level of signifcance? State the null and alternate hypotheses. O Hg: p = 0.301; H p> 0.301 O Hgi P = 0.301; Hip 0.301; Hp- 0.301 O Ho: P= 0.301; H: p- 0.301 (b) what sampling distribution will you use? O The Student's t, since np > 5 and ng > 5. O The…A major credit card company is investigating whether the distribution of the number of credit cards used by its customers has changed from last year to this year. Customers are classified as using 1 card, 2 cards, or more than 2 cards. The company conducts a chi-square goodness-of-fit test to investigate whether there is a change in the distribution of number of cards used from last year to this year. The value of the chi-square test statistic was χ2=7.82 with a corresponding p-value of 0.02. Assuming the conditions for inference were met, which of the following is the correct interpretation of this p-value? There is a 2 percent chance that the company’s claim is correct. A There is a 2 percent chance of obtaining a chi-square value of at least 7.82. B If the null hypothesis were true, there is a 2 percent chance of obtaining a chi-square value of at least 7.82. C If the null hypothesis were true, there is a 2 percent chance that the company’s claim is…
- Fill the following blanks of ANOVA ANOVA Source of SS Variation df MS F Between (a) Groups 2 18 (d) Within 90 Groups (b) (c) Total 12A major credit card company is investigating whether the distribution of the number of credit cards used by its customers has changed from last year to this year. Customers are classified as using 1 card, 2 cards, or more than 2 cards. The company conducts a chi-square goodness-of-fit test to investigate whether there is a change in the distribution of number of cards used from last year to this year. The value of the chi-square test statistic was χ2=7.82χ2=7.82 with a corresponding pp-value of 0.02. Assuming the conditions for inference were met, which of the following is the correct interpretation of this pp-value?A random sample of 160 car crashes are selected and categorized by age. The results are listed below. The age distribution of drivers for the given categories is 18% for the under 26 group, 39% for the 26-45 group, 31% for the 45-65 group, and 12% for the group over 65. Calculate the chi-square test statistic χ2 to test the claim that all ages have crash rates proportional to their driving rates. Age Under 26 26 – 45 46 – 65 Over 65 Drivers 66 39 25 30
- An employment information service claims the mean annual salary for senior level product engineers is $95,000. The annual salaries (in dollars) for a random sample of 16 senior level product engineers are shown in the table to the right. At α=0.05, test the claim that the mean salary is $95,000. Complete parts (a) through (e) below. Assume the population is normally distributed. Annual Salaries: 100,683 96,363 93,511 112,615 82,435 74,211 77,041 80,894 102,398 76,130 104,053 104,040 91,094 82,028 85,015110,258 Identify the claim and state H0 and Ha. H0:___ ___ ____ Ha: ___ ___ ____ (Type integers or decimals. Do not round.) The claim is the________(alternative or null) hypothesis. Use technology to find the critical value(s) and identify the rejection region(s). The critical value(s) is/are t0= ____ , _____ (Use a comma to separate answers as needed. Round to two decimal places as needed.) The standardized test statistic is T=_______________________________…Let XXN(u. 16). How much should the sample size he for testing HeiH = 24 rs. He = 25 ata = 0.025 and ß = 0.409 (a) 77 (b) 48 (c) 35 (d) 28 (e) NoneQUESTION 3 5.42b: Provide the lower bound of the confidence interval. Round your answer to the nearest integer. Hint: L-12, p. 14