:) For each of the situations below, define the parameter (proportion or mean) and write the null and alternative hypotheses in terms of parameter values. Example: We want to know if the proportion of up days in the stock market is 50%. Answer: Let p the proportion of up days. Ho: p = 0.5 vs. HA P# 0.5. : (a) Last year, customers spent an average of $45.82 per visit to the company's website. Based on a random sample of purchases this year, the company wants to know if the mean this year has changed. Let (p, p, μ, or x)= the of customer spending per visit to the website. ; HA Ho: (b) A pharmaceutical company wonders if their new drug has a cure rate lower than the 30% reported by the placebo. Let Ho: (p, p, μ, or )= the ; HA: Ho: of patients cured by the new drug. (c) A bank wants to know if the percentage of customers using their website has changed from the 40 % that used it before their system crashed last week. Let (p, p, μ, or ) the ; HA: of customers using the bank website.
:) For each of the situations below, define the parameter (proportion or mean) and write the null and alternative hypotheses in terms of parameter values. Example: We want to know if the proportion of up days in the stock market is 50%. Answer: Let p the proportion of up days. Ho: p = 0.5 vs. HA P# 0.5. : (a) Last year, customers spent an average of $45.82 per visit to the company's website. Based on a random sample of purchases this year, the company wants to know if the mean this year has changed. Let (p, p, μ, or x)= the of customer spending per visit to the website. ; HA Ho: (b) A pharmaceutical company wonders if their new drug has a cure rate lower than the 30% reported by the placebo. Let Ho: (p, p, μ, or )= the ; HA: Ho: of patients cured by the new drug. (c) A bank wants to know if the percentage of customers using their website has changed from the 40 % that used it before their system crashed last week. Let (p, p, μ, or ) the ; HA: of customers using the bank website.
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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