A pharmaceutical company would like to investigate the response time of a COVID-19 rapid test. The company claims that the response time is 16 minutes. To investigate this claim, the company decided to consider the response time of a random sample of 20 tests. Given: The response times has a normal distribution with a standard deviation of σ=2. The company wishes to test this claim at α=0.01 level of significance. The value of the test statistic is z=1.92 a) The sample mean is x¯=16.86. Construct a 99% confidence interval for the mean response time of a COVID-19 rapid test, by answering the following questions (Round answer to 4 decimal places): The margin of error is: _________ The confidence interval is: (_______ ;_________) b) Calculate the p-value __________ The company may conclude that the response time _____ (differs/does not differ) from 16 minutes at α=0.01 level of significance c) The company would like to increase the sample size so that the sample mean is within 0.8 minutes of the true mean with 99% confidence. The new required sample size is ________
A pharmaceutical company would like to investigate the response time of a COVID-19 rapid test. The company claims that the response time is 16 minutes. To investigate this claim, the company decided to consider the response time of a random sample of 20 tests. Given: The response times has a normal distribution with a standard deviation of σ=2. The company wishes to test this claim at α=0.01 level of significance. The value of the test statistic is z=1.92 a) The sample mean is x¯=16.86. Construct a 99% confidence interval for the mean response time of a COVID-19 rapid test, by answering the following questions (Round answer to 4 decimal places): The margin of error is: _________ The confidence interval is: (_______ ;_________) b) Calculate the p-value __________ The company may conclude that the response time _____ (differs/does not differ) from 16 minutes at α=0.01 level of significance c) The company would like to increase the sample size so that the sample mean is within 0.8 minutes of the true mean with 99% confidence. The new required sample size is ________
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
A pharmaceutical company would like to investigate the response time of a COVID-19 rapid test. The company claims that the response time is 16 minutes. To investigate this claim, the company decided to consider the response time of a random sample of 20 tests.
Given:
- The response times has a
normal distribution with a standard deviation of σ=2. - The company wishes to test this claim at α=0.01 level of significance.
- The value of the test statistic is z=1.92
a) The sample mean is x¯=16.86. Construct a 99% confidence interval for the mean response time of a COVID-19 rapid test, by answering the following questions (Round answer to 4 decimal places):
- The margin of error is: _________
- The confidence interval is: (_______ ;_________)
b) Calculate the p-value __________
The company may conclude that the response time _____ (differs/does not differ) from 16 minutes at α=0.01 level of significance
c) The company would like to increase the
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman