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

Heather recently switched her primary doctor to one specializing in caring for elderly patients. On her new doctor's website, it says that the mean systolic blood pressure among elderly females is 115 millimeters of mercury (mmHg). Heather believes the value is actually higher. She bases her belief on a recently reported study of 13 randomly selected, elderly females. The sample mean systolic blood pressure was 125 mmHg, and the sample standard deviation was 25 mmHg. C Assume that the systolic blood pressures of elderly females are approximately normally distributed. Based on the study, at the 0.05 level of significance, can it be concluded that u, the population mean systolic blood pressure among elderly females, is greater than 115 mmHg? Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.) (a) state the null hypothesis Ho and the alternative hypothesis H₁. 1 H₂ : 0…
Parents of teenage boys often complain that auto insurance costs more, on average, for teenage boys than for teenage girls. A group of concerned parents examines a random sample of insurance bills. The mean annual cost for 36 teenage boys was $672. For 23 teenage girls, it was $559. From past years, it is known that the population standard deviation for each group is $180. Determine whether or not you believe that the mean cost for auto insurance for teenage boys is greater than that for teenage girls. Conduct a hypothesis test at the 5% level. State the distribution to use for the test. (Round your answers to two decimal places.) What is the test statistic? (If using the z distribution round your answer to two decimal places, and if using the t distribution round your answer to three decimal places.) What is the p-value? (Round your answer to four decimal places.) i. ii. ii.
An article in a local town newspaper discusses the results of state test scores in their town. The reporter headlines, "The students in this town don't have the necessary skills. The overall student population is less than what is reported at the state level" The state test says that a score of 261 or higher on its test reflects the student has the skills needed to graduate. A local town newspaper conducted a random sample of 200 students and found the mean to be 257 and a standard deviation of 41 points. a. State the null (H0) and alternative (Ha) hypotheses. b. Give the standard score for the data. c. Find the P-value for this significance test. e. Sketch your results on the standard Normal distribution f. Summarize the conclusion in the context of this problem.
A newly hired basketball coach promised a high- paced attack that will put more points on the board than the team's previously tepid offense historically managed. After a few months, the team owner looks at the data to test the coach's claim. He takes a sample of 36 of the team's games under the new coach and finds that they scored an average of 101 points with a standard deviation of 6 points. Over the past 10 years, the team had averaged 99 points. What is(are) the appropriate critical value(s) to test the new coach's claim at the 1% significance level? -2.438 -2.438 and 2.438 2.326 2.438
A bottled water distributor wants to determine whether the mean amount of water contained in 1-gallon bottles purchased from a nationally known water bottling company is actually 1 gallon. You know from the water bottling company specifications that the standard deviation of the amount of water is 0.02 gallon. You select a random sample of 50 bottles, and the mean amount of water per 1-gallon bottle is 0.992 gallon. What is the test statistic?
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.
............
A survey found that the mean commute time is 25.4 minutes for the fifteen largest U.S. cities.The Austin, TX, chamber of commerce feels that Austin's commute time is less. A survey of 25 randomly selected commuters had a mean of 22.1 minutes with a standard deviation of 5.3minutes. At the 10% level, does the survey data suggest that Austin commute time is significantly less than the national average?Your answer should have the following: 1). Significance Level: Alpha =2). Sample Size: n = 3). Sample X =