At the 0.01 level of significance, can it be concluded that John is overestimated his sales? … (ie. his sales might be less than he claimed
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(b) The team at the Natural-Life company goes out to the city to sell daily. John is a member of the team. He claims that on average, he sells $50,000 worth of their product to each store that he visits per week. The new manager is wary of this claim and believes he may be overstating his sales. To test the claim, the manager took a random sample of 27 stores that the sales representative usually visits weekly and found that the mean amount earned was $48,950 with a standard deviation of $1,250.
At the 0.01 level of significance, can it be concluded that John is overestimated his sales? … (ie. his sales might be less than he claimed)
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- The director of special events for Sun City believed that the amount of money spent on fireworks displays for the Fourth of July was predictive of attendance at the Fall Festival held in October. She gathered the following data to test her suspicion. 4th of July ($000) Fall Festival (000) 4th of July ($000) Fall Festival (000) 10.6 5.7 9.0 9.5 8.5 6.4 10.0 13.1 12.5 12.4 7.5 6.6 9.0 10.2 10.0 10.1 5.5 6.0 6.0 6.1 12.0 11.1 12.0 7.5 8.0 7.5 10.5 10.9 7.5 8.4 a-1. Compute and report the regression equation that predicts “fall festival attendance” with “amount spent on Fourth of July fireworks”. (Round your answers to 2 decimal places.) Fall = ________+________ (July $ on Fireworks) a-2. Report the coefficient of determination. (Round your answer to 2 decimal places.) R2_________% a-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.) Regression…A well-known psychology graduate program claims that their Ph.D. graduates get higher-paying jobs than the national average. Last year's figures for salaries paid to all graduates with a psych Ph.D. on their first job showed a mean of $6.20 per hour. A random sample of 10 graduates from last year's class of psychology Ph.D.s showed the following hourly salaries for their first job: $5.40 $6.30 $7.20 $6.80 $6.40 $5.70 $5.80 $6.60 $6.70 $6.90 (a) What is the alternative hypothesis? (b) What is the null hypothesis? (c) What can you conclude about the psychology graduate program's claim? Use an alpha level = .052tailed. (d) What error might you be making by your conclusion in part (c)? (e) If you were only concerned with evaluating whether salaries increased, how would this effect the power of your experiment?A contributor for the local newspaper is writing an article for the weekly fitness section. To prepare for the story, she conducts a study to compare the exercise habits of people who exercise in the morning to the exercise habits of people who work out in the afternoon or evening. She selects three different health centers from which to draw her samples. The 57 people she sampled who work out in the morning have a mean of 4.8 hours of exercise each week. The 56 people surveyed who exercise in the afternoon or evening have a mean of 4.2 hours of exercise each week. Assume that the weekly exercise times have a population standard deviation of 0.8 hours for people who exercise in the morning and 0.3 hours for people who exercise in the afternoon or evening. Let Population 1 be people who exercise in the morning and Population 2 be people who exercise in the afternoon or evening. Step 1 of 2: Construct a 95 % confidence interval for the true difference between the mean amounts of time…
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- Does it seem to you that people tend to be absent more on some days of the week than on others? Recently, a major biotechnology firm collected data with the hope of determining whether or not its employees were more likely to be absent (due to personal reasons or illness) on some weekdays than on others. The firm examined a random sample of 150 employee absences. The distribution of these 150 absences is shown in the table below. The observed frequency for each category (each weekday) is shown in the first row of numbers. The second row of numbers contains the frequencies expected for a sample of 150 employees if employee absences at the firm are equally likely on each of the five weekdays. The bottom row of numbers contains the following value for each of the categories.Does it seem to you that people tend to be absent more on some days of the week than on others? Recently, a major biotechnology firm collected data with the hope of determining whether or not its employees were more likely to be absent (due to personal reasons or illness) on some weekdays than on others. The firm examined a random sample of 130 employee absences. The distribution of these 130 absences is shown in the table below. The observed frequency for each category (each weekday) is shown in the first row of numbers. The second row of numbers contains the frequencies expected for a sample of 130 employees if employee absences at the firm are equally likely on each of the five weekdays. The bottom row of numbers contains the following value for each of the categories. Answer the following to summarize the test of the hypothesis that employee absences at this firm are equally likely on each of the five weekdays. Use the 0.10 level of significance for the test. (a)…A golf pro claims that his mean golf score is 63. A sportswriter wants to test the claim that his mean score is higher 63. Would this be a left-tailed, right-tailed, or two-tailed test?
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