Choose the correct conclusion belowA. Yes, market the wax as there is sufficient evidence to conclude the mean tine is less man 55 seconds.B. No do not market the wax as there is sufficient evidence to conclude the mean time is less than 55 seconds. C. Yes, market the wax as there is insufficient evidence to conclude the mean time is less than 56 seconds.D. No do not market the wax as there is insullicient evidence to conclude the mean time is less than 55 seconds Find the P-value. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.A. P-value = 0.0234 (Round to three decimal places as needed.)B. The assumptions and conditions are not met, so the test cannot proceed. A company is developing a new high performance wax for cross country ski racing. In order to justify the price marketing wants, the wax needs to be very fast. Specifically, the mean time to finish their standardtest course should be less than 55 seconds for a former Olympic champion. To test it, the champion will ski the course 8 times. The champion's times (selected at random) are 50.6, 65.2, 46.9, 53.8, 47.4, 46.6,54.9, and 41.6 seconds to complete the test course. Should they market the wax? Assume the assumptions and conditions for appropriate hypothesis testing are met for the sample. Use 0.05 asthe P-value cutoff level.Choose the correct null and alternative hypotheses below.OA. Hoμ> 55HA:μ = 55OC. Ho:μ< 55HA:μ = 55Calculate the test statistic.(Round to three decimal places as needed.)O B. Ho:μ=55HAH> 55D. Ho:μ=55HA-μ< 55

The question is about hypo. testing Given : Data : To find : 1 ) Null and alt. hypo. 2 ) t test…

Answered: A company is developing a new high…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Choose the correct conclusion below

A. Yes, market the wax as there is sufficient evidence to conclude the mean tine is less man 55 seconds.

B. No do not market the wax as there is sufficient evidence to conclude the mean time is less than 55 seconds.

C. Yes, market the wax as there is insufficient evidence to conclude the mean time is less than 56 seconds.

D. No do not market the wax as there is insullicient evidence to conclude the mean time is less than 55 seconds

Find the P-value. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. P-value = 0.0234 (Round to three decimal places as needed.)
B. The assumptions and conditions are not met, so the test cannot proceed.

A company is developing a new high performance wax for cross country ski racing. In order to justify the price marketing wants, the wax needs to be very fast. Specifically, the mean time to finish their standard
test course should be less than 55 seconds for a former Olympic champion. To test it, the champion will ski the course 8 times. The champion's times (selected at random) are 50.6, 65.2, 46.9, 53.8, 47.4, 46.6,
54.9, and 41.6 seconds to complete the test course. Should they market the wax? Assume the assumptions and conditions for appropriate hypothesis testing are met for the sample. Use 0.05 as
the P-value cutoff level.
Choose the correct null and alternative hypotheses below.
OA. Hoμ> 55
HA:μ = 55
OC. Ho:μ< 55
HA:μ = 55
Calculate the test statistic.
(Round to three decimal places as needed.)
O B. Ho:μ=55
HAH> 55
D. Ho:μ=55
HA-μ< 55

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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