A sample of n = 25 taxi drivers was selected at random to draw conclusions about their average daily wages. Individual records are assumed to be independent normally distributed with unknown population standard deviation. Sample summaries were found as Mean = 83.80 and Sample SD = s = 12.5 1. At significance level a = 1%, is there sufficient evidence to conclude that the population average is below 90? Show critical value, test statistic, and state the rejection rule that explains your decision 2. At significance level a = 10%, is there evidence to conclude that the population average is above 80? Show critical value, test statistic, and state the rejection rule that explains your decision 3. Estimate the population average with confidence C = 0.95. Show critical value, margin of error, and confidence limits

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A sample ofn =
wages. Individual records are assumed to be independent normally distributed with unknown population
25 taxi drivers was selected at random to draw conclusions about their average daily
standard deviation.
Sample summaries were found as
Mean = X = 83.80 and Sample SD = s=12.5
1%, is there sufficient evidence to conclude that the population average
1. At significance level a =
is below 90?
Show critical value, test statistic, and state the rejection rule that explains your decision
2. At significance level a =
10%, is there evidence to conclude that the population average is above
80?
Show critical value, test statistic, and state the rejection rule that explains your decision
3. Estimate the population average with confidence C = 0.95.
Show critical value, margin of error, and confidence limits
Solution
Transcribed Image Text:A sample ofn = wages. Individual records are assumed to be independent normally distributed with unknown population 25 taxi drivers was selected at random to draw conclusions about their average daily standard deviation. Sample summaries were found as Mean = X = 83.80 and Sample SD = s=12.5 1%, is there sufficient evidence to conclude that the population average 1. At significance level a = is below 90? Show critical value, test statistic, and state the rejection rule that explains your decision 2. At significance level a = 10%, is there evidence to conclude that the population average is above 80? Show critical value, test statistic, and state the rejection rule that explains your decision 3. Estimate the population average with confidence C = 0.95. Show critical value, margin of error, and confidence limits Solution
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