A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive officer (CEO) was at least seven years. A survey of companies reported in The Wall Street Journal found a sample mean tenure of Z = 6.40 years for CEOS with astandard deviation of s= 7.02 years.a. Formulate hypotheses that can be used to challenge the validity of the daim made by the shareholders' group.He : - Select your answer -H.: ul- Select your answer - V7b. Assume 90 companies were included in the sample. What is the p-value for your hypothesis test? Enter negative value as negative number.t-value(to 3 decimals)Pvalue - Select vour answer-VC. At a= 0.01, what is your conclusion?- Select your answer-vthe null hypothesis. We - Select your answer -venough evidence to disprove the shareholder group's claim.

For the given data Perform one sample t test

Answered: A shareholders' group, in lodging a…

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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2. University researchers claim that the average enrollment at four-year colleges is higher than two-year community colleges. Two surveys are undertaken at 35 four-year universities and 35 two-year colleges. The mean enrollment at the four-year institutions was 5,466 with a standard deviation of 8,191. The average enrollment at the two-year schools was 5,068 with a standard deviation of 4,777. Using a 95% confidence level, are the findings of the surveys consistent with the university researchers’ claim? 2. Does the null hypothesis reject H0 or fail to reject H0?
2) A job placement director claims that the average starting salary for nurse is $26000. A sample of 18 nurses has a mean salary of $25620 and a standard deviation of $680. Is there enough evidence to reject the directors claim at a = 5% LOS?
The following contingency table records some information about a sample of visitors to Old Fort William over a long weekend in August. Local Other Canadian Non-Canadian Total Young Child 40 75 35 150 Teen 25 50 20 95 Young Adult Mid Aged Adult 140 85 125 200 465 100 195 380 Senior Adult 120 165 125 410 Total 410 685 405 1500 Given the above information and choosing a level of significance of a = 0.01; you should reject the null hypothesis that there is at least one difference in origins among age groups that is statistically significant. True False
According to the American Academy of Sleep Medicine, a healthy adult should obtain at least 7 hours of sleep per night. But is this happening in New York City- aka "the city that never sleeps" ? A study of 28 NYC adults chosen at random found that the sample mean was 6.73 hours and the sample standard deviation was 0.79 hours. Is there statistically significant evidence that NYC adults, on average, sleep less than 7 hours per night? Is the result "practically significant"?
5. A researcher constructed a 95% confidence interval for the true mean number of years students take to earn a bachelor's degree. His results were (4.319, 4.841). a. What is the point estimate for the average number of years to complete a bachelor's degree? b. Does his interval support or contradict the widely held belief that it takes 4 years to complete a bachelor's degree? Why or why not?
The mean work week for engineers in start-up companies is claimed to be about 59 hours with a standard deviation of 6 hours. Kara, a newly hired engineer hopes that it's not (she wants it to be shorter). She asks 10 engineers in start-ups for the lengths of their mean work weeks. Their responses are 70; 45; 55; 60; 65; 55; 55; 60; 50; 55.a. Is the newly hired engineer testing a mean or a proportion? mean proportion Correct b. The null hypothesis (or company claim), in symbols, is μ=μ=Correct.c. If the claim is correct, what is the probability that a sample mean would be as low as Kara's mean?Incorrect %Give your answer as a percentage accurate to one decimal place.
The Journal of Mid-West Management reviewed a study that showed startingmsalaries for accounting majors averaged $ 22,510, with a standard deviation of $ 2,250. How likely is it that your starting salary is a. more than $21, 000? b. between $24, 000 and $26, 000?
Assume a media agency reports that it takes television streaming service subscribers in the U.S. an average of 6.60 days to watch the entire first season of a television series, with a standard deviation of 4.21 days. Scarlett is an analyst for an online television and movie streaming service company that targets to the 18-50 age bracket. She wants to determine if her company's customers exhibit shorter viewing rates for their series offerings. Scarlett plans to conduct a one-sample ?-z-test, with significance level of ?=0.05α=0.05, to test the null hypothesis, ?0:?=6.60 daysH0:μ=6.60 days, against the alternative hypothesis, ?1:?<6.60 days.H1:μ<6.60 days. The variable ?μ is the mean amount of time, in days, that it takes for customers to watch the first season of a television series. Scarlett selects a simple random sample of 740 customers who watched the first season of a television series from the company database of over 25,000 customers that qualified. She compiles the…
A college admissions officer believes that students enrolling from Shawnee school District have higher SAT scores than those who enroll from West River School District. A sample of 30 students from each district is selected. The average SAT score for the group from the Shawnee district is 656 with a standard deviation of 100. The average SAT score for the group from the West River district is 560 with a standard deviation of 90. Is the belief of the admissions officer substantiated?

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