A car dealer claims that the average price of 2012 Ford Taurus is more than $9000. The population standard deviation of 2012 Ford Taurus car price is $450. You suspect the dealer’s claim and took a sample of 33 cars and found the average car price to be $9100. Test the dealer’s claim at 1% level of significance by both the

A car dealer claims that the average price of 2012 Ford Taurus is more than $9000. The population standard deviation of 2012 Ford Taurus car price is $450. You suspect the dealer’s claim and took a sample of 33 cars and found the average car price to be $9100. Test the dealer’s claim at 1% level of significance by both 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

What does it mean when you have standard deviations of 27 35 and 32 and its effect on the validitity of the data you are accessing to interpret for statistical anaylsis?
Low-fat or low-carb? Are low-fat diets or low-carb diets more effective for weight loss? A sample of 77 subjects went on a low-carbohydrate diet for six months. At the end of that time, the sample mean weight loss was 4.7 kilograms with a sample standard deviation of 7.16 kilograms. A second sample of 79 subjects went on a low-fat diet. Their sample mean weight loss was 2.6 kilograms with a standard deviation of 5.90 kilograms. Can you conclude that the mean weight loss differs between the two diets? Let 4, denote the mean weight lost on the low-carb diet and u, denote the mean weight lost on the low-fat diet. Use the a = 0.01 level and the TI-84 Plus calculator. Compute the -value. Round the answer to four decimal places. Determine whether to reject H0 State a conclusion
You have have sampled five production lines operating and you wish to estimate the sample standard deviation of the five lines. Given the data below, provide your estimate of the sample standard deviation to the first decimal point, that is, 0.9 instead of 1. Month Production Line 1 51 Line 2 145 Line 3 70 Line 4 119 Line 5 92
Fuel efficiency of Prius: Fueleconomy.gov, the official US government source for fuel economy information, allows users to share gas mileage information on their vehicles. The histogram below shows the distribution of gas mileage in miles per gallon (MPG) from 14 users who drive a 2012 Toyota Prius. The sample mean is 53.3 MPG and the standard deviation is 5.2 MPG. Note that these data are user estimates and since the source data cannot be verified, the accuracy of these estimates are not guaranteed. (a) The EPA claims that a 2012 Prius gets 50 MPG (city and highway mileage combined). Do these data provide strong evidence against this estimate for drivers who participate on fueleconomy.gov? The test statistic is: __________________(please round to two decimal places)The p-value:___________________________ for this hypothesis test is: (please round to four decimal places)(c) Please comment on the primary thing that is wrong about the following statement: There is sufficient evidence…
According to the USDA, the mean intake of calories of males 20-39 is 2716 with a standard deviation of 72.8Would you find it unusual to have a sample mean of 2750 or higher for a sample size of 35? Why?
It says itz wrong for test statistic
... ... ... ..
A random sample of 64 shoppers showed that they spend an average of $27.31 per visit at the Sunday Mornings Bookstore. The standard deviation of the population is $2.14. Find the 90% confidence interval of the true mean. Please include all work showing how you found your answer.
A machine used to fill gallon-sized paint cans is regulated so that the amount of paint dispensed has a mean of 128 ounces and a standard deviation of 0.40 ounce. You randomly select 45 cans and carefully measure the contents. The sample mean of the cans is 127.9 ounces. Does the machine need to be reset? Explain your reasoning. it is that you would have randomly sampled 45 cans with a mean equal to 127.9 ounces, because it within the range of a usual event, namely within of the mean of the sample means.
Almost all medical schools in the United States require applicants to take the Medical College Admission Test (MCAT). On one exam, the scores of all applicants on the biological sciences part of the MCAT were approximately Normal with mean 9.4 and standard deviation 2.6. For applicants who actually entered medical school, the mean score was 10.6 and the standard deviation was 1.7. (a) What percent of all applicants had scores higher than 11? (b) What percent of those who entered medical school had scores between 8 and 12?