A marketing researcher wants to estimate the mean savings ($) reallzed by shoppers who showroom. Showrooming is the practice of inspecting products in retail stores and then purchasing the products online at alower price. A random sample of 100 shoppers who recently purchased a consumer electronics Item online after making a visit to a retail store ylelded a mean savings of $58 and a standard devlation of $55. Is thereevidence that the population mean savings for all showroomers who purchased a consumer electronics item is different from $50 at a 5% level of significance?Step 1: The null hypothesis is Ho:1. H-$50v Step 1: The alternative hypothesis Is H:2. 2 $50Step 2: The value of the test statistics is3. ps $50Step 3: The lower critical value isNote: If thero is one critical value, one of the "lower critlcal value" or "upper .critical value" should benone".4. H# $50Step 3: The upper critical value isNote: If there is one critical value, one of the "lower critical value" or "upper critical value" should be 6. > $50none".OS$ >f s7.-1.9842N Step 3. The p-value is8. 0.14909. 0.1965NStep 4: You should10.1.4545VStep 5: Your should conclude that11.1.984212.5.500013.reject Ho14.not reject Ho15. there is enough evidence to conclude that the population mean savings for all showroomers whopurchased a consumer electronies item is different from $50.16. there is not enough evidence to conclude that the population mean savings for all showroomers whopurchased a consumer electronics item is different from S50.17. there is enough evidence to conclude that the population mean savings for all showroomers whopurchased a consumer electronics item is not different from $50.18. there is not enough evidence to conclude that the population mean savings for all showroomers whopurchased a consumer electronies item is not different from S50.

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Answered: A marketing researcher wants to…

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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The accompanying table gives amounts of arsenic in samples of brown rice from three different states. The amounts are in micrograms of arsenic and all samples have the same serving size. The data are from the Food and Drug Administration. Use a 0.05 significance level to test the claim that the three samples are from populations with the same mean. Do the amounts of arsenic appear to be different in the different states? Given that the amounts of arsenic in the samples from Texas have the highest mean, can we conclude that brown rice from Texas poses the greatest health problem? Click the icon to view the data. Arsenic Amounts Arkansas California Texas Determine the test statistic. 4.81 4.91 5.02 5.44 5.44 5.42 5.63 5.61 5.63 5.86 5.96 6.06 1.45 3.66 4.04 4.49 4.93 5.08 5.29 5.43 5.42 5.46 5.58 5.55 5.57 5.78 6.64 6.93 6.89 6.85 7.09 7.30 7.49 7.55 7.71 7.72 The test statistic is (Round to two decimal places as needed.) Print Done
Identify the mean, median and mode based from the data below.
State whether the mean, median, mode is being used. a. In 2002,there were as many people aged 25 and younger in the world as there were people age 25 and older. The majority of full time students carry a load of 15 credit hours per semester. The Average annual return on investment is 16.5 percent.
The Economist collects data each year on the price of a Big Mac in various countries around the world. The price of a Big Mac for a sample of McDonalds restaurants in Europe in May 2009 resulted in the following Big Mac prices (after conversion to U.S. dollars): 3.80 5.89 4.92 3.88 2.65 5.57 6.39 3.24The mean price of a Big Mac in the U.S. in May 2009 was $3.57. For purposes of this exercise, assume it is reasonable to regard the sample as representative of European McDonalds restaurants. Does the sample provide convincing evidence that the mean May 2009 price of a Big Mac in Europe is greater than the reported U.S. price? Test the relevant hypotheses using a = .05. Assume a normal distribution of the data. x = S= Ho: μ = Ha: Select an answer (Put in the correct symbol and value) α= P-value: = Based on the above we choose t✓ Select an answer Question Help: Post to forur Reject the null hypothesis B
Secretary of State Roxana Tillerson is worried about malpractice at the 4 processing centers for Green Cards in the country. Green Card applications are given a grade g on a scale 0-100. They are assigned randomly to different centers and thus Tillerson expects all centers to have similar mean scores. She collects the data in the table. #applications 9360 67.27 15.29 1 9870 66.74 14.64 7020 66.94 15.14 3 5040 67.02 14.84 4 rows x 3 columns At this point she just wants to decide whether or not to initiate a deeper investigation into malpractice at all sites. Does she have sufficient evidence for this, at 6% significance? SSTT number (rtol=0.01, atol=0.0001) SSE number (rtol=0.01, atol=0.0001) F. number (rtol=0.01, atol=0.0001) P-val number (rtol=0.01, atol=0.0001) O (a) No, she cannot make a conclusion O (b) Yes, she has enough evidence Select the key assumptions in the test you used. O (a) The populations are independent and therefore their covariances are zero. O (b) All sample sizes…
A consumer research group purchased identical items in eight drugstores. The mean cost for the purchased items was $113.49. The mode was $112. Using the empirical relationship among mean, median, and mode, estimate the median and comment on the skewness of the distribution.
An amusement park keeps track of the percentage of individuals with season passes according to age category. An independent tourist company would like to show that this distribution of age category for individuals buying season passes is different from what the amusement park claims. The tourist company randomly sampled 200 individuals entering the park with a season pass and recorded the number of individuals within each age category. Age Category Child (under 13 years old) Teen (13 to 19 years old) Adult (20 to 55 years old) Senior (56 years old and over) Number of Individuals 56 86 44 14 The tourist company will use the data to test the amusement park’s claim, which is reflected in the following null hypothesis. H0:pchild=0.23H0:pchild=0.23, pteen=0.45pteen=0.45, padult=0.20padult=0.20, and psenior=0.12psenior=0.12. What inference procedure will the company use to investigate whether or not the distribution of age category for individuals with season passes is…
The original data set is in the picture and the question parts needs to be answered as well for the original data set. Read and answer carefully and correctly. Compute the mean, median, and mode for the data. Show your complete work. (b) Compute a 5% trimmed mean for the data, and compare it with the mean computed in part (a). Does the trimmed mean more accurately reflect the general level of the daily rental costs? If 5 will be added to each cost of condominiums, what will be the mean, median and mode? If each cost of condominium will be added by 10 and multiplied by 2, what will be the mean, median and mode?
Suppose the mean price for used cars is $10,198. A manager of a Kansas City used car dealership reviewed a sample of 50 recent used car sales at the dealership in an attempt to determine whether the population mean price for used cars at this particular dealership differed from the national mean. The prices for the sample of 50 cars are shown in the file named UsedCars. 12,400 10,400 12,100 10,000 11,000 8,895 7,675 9,975 6,350 10,470 9,895 11,250 8,795 12,500 9,340 10,150 9,200 9,395 11,000 10,640 10,000 7,500 8,000 10,440 10,200 10,300 9,740 9,280 10,930 8,000 9,000 7,680 9,400 10,730 7,350 12,240 11,970 8,240 9,910 10,080 9,440 8,970 9,500 10,050 10,130 11,400 8,500 7,500 9,090 10,500 (a) Formulate the hypotheses that can be used to determine whether a difference exists in the mean price for used cars at the dealership. H0: ? ≤ 10,198 Ha: ? > 10,198 H0: ? < 10,198 Ha: ? ≥ 10,198 H0: ? = 10,198 Ha: ? ≠ 10,198 H0: ? > 10,198 Ha: ? ≤ 10,198 H0: ? ≥ 10,198…
An automobile repair shop reports that half of the automobiles they repair have a resale value below $ 4,000. In this example, the $4,000 represents which measure of central tendency? It is the mean O median mode range
Forest rangers believe that 30% of trees in a large national forest have a leaf fungus. A survery team will inspect a sample of 200 trees. a. Show the steps needed to justify and use a normal model to describe the percentage of fungus-infected trees that may appear in this sample. b. What proportion of infected trees in this sample would lead you to believe the true proportion of ifected trees is higher than the rangers believe?
A cruise ship charges passengers $3 for a can of soda. Because of passenger complaints, the ship manager has decided to try out a plan with a lower price. He thinks that with a lower price, more cans will be sold, which would mean that the ship would still make a reasonable total profit. With the old pricing, the mean number of cans sold per passenger for a 10-day trip was 10.3 cans. Suppose μ represents the mean number of cans per passenger for the new pricing. What hypotheses should the ship manager test if he wants to determine if the mean number of cans sold is greater for the new pricing plan? O Ho: μ = 10.3 versus H₂: μ> 10.3 O Ho: μ = O Ho: μ = 10 versus Ha: μ 10.3

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