In a study of employee stock ownership plans, satisfaction by employees is measured and found to be normally distributed with a mean of 4.89 and a standard deviation of 0.63. If 450 employees are randomly selected, about how many would you expect to have a satisfaction measure of more than 5.94?
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A: Denote μ as the true mean credit score.
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A: Population mean, Sample size, Sample mean, Sample standard deviation, s = 81.1
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A: Given that ; u = 700.4 Sample mean = 716.2 n = 34 s = 81.1 Here we use one sample mean test to…
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A: Sample size n =24 Sample mean=735.6 Standard deviation =74.5 NOTE:- According to bartleby guidelines…
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A: Given, Hypothesised Population Mean, μ= 705.87 Sample Standard Deviation, s = 83.8 Sample Size, n =…
Q: An article in the San Jose Mercury News stated that students in the California state university…
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A: Given data : sample size, n =34 sample mean, x̄ = 716.2 sample standard…
Q: A credit score is used by credit agencies (such as mortgage companies and banks) to assess the…
A:
Q: A credit score is used by credit agencies (such as mortgage companies and banks) to assess the…
A:
Q: A credit score is used by credit agencies (such as mortgage companies and banks) to assess the…
A: The summary of the statistics is, The type of test is right tailed test
In a study of employee stock ownership plans, satisfaction by employees is measured and found to be
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- 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.…During a quality assurance check, the actual contents (in grams) of six containers of protein powder were recorded as 1527, 1532, 1504, 1517, 1528, and 1516. (a) Find the mean and the median of the contents. (b) The third value was incorrectly measured and is actually 1520. Find the mean and the median of the contents again. (c) Which measure of central tendency, the mean or the median, was affected more by the data entry error? ..... (a) The mean is (Round to one decimal place as needed.) The median is (Type an integer or a decimal. Do not round.) (b) The mean is (Round to one decimal place as needed.) The median is (Type an integer or a decimal. Do not round.) (c) After correcting the error, the mean by and the median by The was affected more. (Round to one decimal place as needed.)A study shows that Michigan teachers have measures of job dissatisfaction that are normally distributed with a mean of 3.80 and standard deviation of 0.95. If subjects with scores above 4.0 are to be given more tests, what percentage will fall into that category?
- Suppose there is a city where the mean cost per month of a one-bedroom apartment is $1,500, with a standard deviation of $250. Approximately what percentage of one-bedroom apartments in the city cost between $750 and $1,000?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…In the class of 2019, more than 1.6 million students took the SAT. The distribution of scores on the math section (out of 800) is approximately normal with a mean of 528 and standard deviation of 117. What proportion of students earned scores between 500 and 600 on the SAT math test?
- 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 710.6. 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 48 high-income individuals and found the sample mean credit score to be 723.6 with a standard deviation of 81.2. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.10 level of significance. Click the icon to view the table of critical t-values. State the null and alternative hypotheses. Fill in the correct answers below. Ho: Hyi H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Approximate the P-value. The P-value is in the range Make…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.)During a quality assurance check, the actual contents (in grams) of six containers of protein powder were recorded as 1524, 1526, 1499, 1512, 1532, and 1514. (a) Find the mean and the median of the contents. (b) The third value was incorrectly measured and is actually 1518. Find the mean and the median of the contents again. (c) Which measure of central tendency, the mean or the median, was affected more by the data entry error? (a) The mean is 1517.8. (Round to one decimal place as needed.) The median is 1519 (Type an integer or a decimal. Do not round.) (b) The mean is 1521 (Round to one decimal place as needed.) The median is 1521 (Type an integer or a decimal. Do not round.) (c) After correcting the error, the mean affected more. (Round to one decimal place as needed.) by and the median by The wasA 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 709.6. 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 724.1 with a standard deviation of 81.5. 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: H = 709.6 H1: µ > 709.6 (Type integers or decimals. Do not round.) Identify the t-statistic. tn = (Round to two decimal places as needed.)
