A survey of 267 restaurant owners and managers was released by Long RangeSystems, LLC (LRS), a leading supplier of technology that enhances the guestexperience for businesses. According to the study, the average wait per party is23 minutes.You suspect the wait time at your favorite local restaurant is longer than theindustry standard. You survey a random sample of 30 customers which yields anaverage wait time of 27 minutes with a standard deviation of 12.1 minutes.Is there evidence to say that your favorite local restaurant has a longer averagewait time than 23 minutes?What type of error might have been made?

Given that Sample size n =30 Sample mean=27 Standard deviation =12.1

Answered: A survey of 267 restaurant owners and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.2. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 39 high-income individuals and found the sample mean credit score to be 725.5 with a standard deviation of 80.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a-0.05 level of significance. State the null and alternative hypotheses. Mỹ l H₂: (Type integers or decimals. Do not round)
At BYU-Idaho there has been a lot of interest in the performance of students in online classes. Generally, administrators are interested to know if there is a difference in the learning of students who take an online course compared to those who take a traditional course. A study was done to see if the grade received in the course is related to the type of course. Researchers collected the grades of randomly selected students who were taking a traditional Business Statistics class and compared those with the grades earned by randomly selected students who were taking an online Business Statistics class. The data are shown in the table below. Grade A B с D F You want to determine if a student's grade and the type of course he or she is enrolled in are independent. Use a level of significance of a = 0.01. State the null and alternative hypothesis for this test. O Ho: Traditional and online courses are not independent. H₂: Traditional and online courses are independent. O Ho: Traditional…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 700.1. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 45 high-income individuals and found the sample mean credit score to be 713.4 with a standard deviation of 84.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) e%3D Make a conclusion regarding the hypothesis. the null hypothesis. There…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 704.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 36 high-income individuals and found the sample mean credit score to be 714.9 with a standard deviation of 81.7. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H V H1: H V (Type integers or decimals. Do not round.) Identify the t-statistic. to (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. V the null hypothesis.…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 702.4. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 41 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 80.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a= 0.05 level of significance. State the null and alternative hypotheses. Ho H H₁ H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value= (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…
A newly hired basketball coach promised a high- paced attack that will put more points on the board than the team's previously tepid offense historically managed. After a few months, the team owner looks at the data to test the coach's claim. He takes a sample of 36 of the team's games under the new coach and finds that they scored an average of 101 points with a standard deviation of 6 points. Over the past 10 years, the team had averaged 99 points. What is(are) the appropriate critical value(s) to test the new coach's claim at the 1% significance level? -2.438 -2.438 and 2.438 2.326 2.438
Kendra, the Human Resources manager for Moore Manufacturing wants to determine whether the employee retention rate is higher for the company's Eastern Division than it is for the Western Division. A random sample of 25 employees from Moore Manufacturing's Eastern Division (group 1) has an average time with the company of 4.8 years and a standard deviation of 1.1 years. A random sample of 23 employees from Moore Manufacturing's Western Division (group 2) has an average time with the company of 4.1 years and a standard deviation of 0.9 years. Conduct a hypothesis test at 0.02 significance. Round answers to 4 decimal places where appropriate. The Null and Alternative Hypothesis are: Ho: mew1 = mew2 and H1: mew1 > mew2. The appropriate distribution is Student's t. What is the test statistic? What is the p-value? State the appropriate conclusion based on the information.
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 704.9. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 33 high-income individuals and found the sample mean credit score to be 717.9 with a standard deviation of 83.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the g = 0.05 level of significance. State the null and alternative hypotheses. Ho: µ 704.9 H1: µ > 704.9 (Type integers or decimals. Do not round.) Identify the t-statistic, to = (Round to two decimal places as needed.)
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 43 high-income individuals and found the sample mean credit score to be 723.3 with a standard deviation of 84.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…
A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 705.8. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 37 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 81.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Họ: H H1: H (Type integers or decimals. Do not round.)
According to a report published by the USDA 3 years ago, a typical American consumes an average of 26 pounds of ice cream per year. A researcher at the USDA would like to determine if the average amount of ice cream consumed each year by a typical American has changed since the original report was published. The researcher collected data from a random sample of 65 Americans and found that the mean amount of ice cream consumed each year by the sample was 25.54 pounds with a standard deviation of 1.64 pounds. Using α=0.02, test the hypothesis that the mean amount of ice cream consumed each year by a typical American is different than 26 pounds. Use the p-value method. State the null and alternative hypothesis for this test. H0= H1= Determine the test statistic for the hypothesis test. Round the solution to four decimal places. =

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

SEE MORE TEXTBOOKS