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Name: CCN and Act-Media provided a television channel targeted to individual
Uploaded: 2024-03-20T07:07:12.000Z
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Description: CCN and Act-Media provided a television channel targeted to individuals waiting in supermarket checkout lines. The population means the time a shopper stands in a supermarket checkout line is 8 minutes, and it is normally distributed. A sample of 120

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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CCN and Act-Media provided a television channel targeted to individuals waiting in supermarket checkout lines. The population means the time a shopper stands in a supermarket checkout line is 8 minutes, and it is normally distributed. A sample of 120 shoppers showed a sample mean waiting time of 8.4 minutes. Assume the population standard deviation (σ) is 3.2 minutes and the marketing team is willing the test the following hypotheses.

H_o: μ ≤ 8

H_a: μ > 8

a) Decide the appropriate type of testing based on above hypotheses and calculate the test statistics.

b) What is the p-value?

c) At α =.01 level of significance, what is your conclusion?

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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