Jim Mead is a veterinarian who visits a Vermont farm to examine prize bulls. In order to examine a bull, Jim first gives the animal a tranquilizer shot. The effect of the shot is supposed to last an average of 65 minutes, and it usually does. However, Jim sometimes gets chased out of the pasture by a bull that recovers too soon, and other times he becomes worried about prize bulls that take too long to recover. By reading journals, Jim has found that the tranquilizer should have a mean duration time of 65 minutes, with a standard deviation of 15 minutes. A random sample of 8 of Jim's bulls had a mean tranquilized duration time of close to 65 minutes but a standard deviation of 26 minutes. At the 1% level of significance, is Jim justified in the claim that the variance is larger than that stated in his journal? Find a 95% confidence interval for the population standard deviation. (a) What is the level of significance? State the null and alternate hypotheses. Ho: σ2 = 225; H1: σ2 ≠ 225Ho: σ2 = 225; H1: σ2 > 225 Ho: σ2 > 225; H1: σ2 = 225Ho: σ2 = 225; H1: σ2 < 225 (b) Find the value of the chi-square statistic for the sample. (Round your answer to two decimal places.) What are the degrees of freedom? What assumptions are you making about the original distribution? We assume a binomial population distribution.We assume a uniform population distribution. We assume a exponential population distribution.We assume a normal population distribution. (c) Find or estimate the P-value of the sample test statistic. P-value > 0.1000.050 < P-value < 0.100 0.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.010P-value < 0.005
Jim Mead is a veterinarian who visits a Vermont farm to examine prize bulls. In order to examine a bull, Jim first gives the animal a tranquilizer shot. The effect of the shot is supposed to last an average of 65 minutes, and it usually does. However, Jim sometimes gets chased out of the pasture by a bull that recovers too soon, and other times he becomes worried about prize bulls that take too long to recover. By reading journals, Jim has found that the tranquilizer should have a mean duration time of 65 minutes, with a standard deviation of 15 minutes. A random sample of 8 of Jim's bulls had a mean tranquilized duration time of close to 65 minutes but a standard deviation of 26 minutes. At the 1% level of significance, is Jim justified in the claim that the variance is larger than that stated in his journal? Find a 95% confidence interval for the population standard deviation.
State the null and alternate hypotheses.
(b) Find the value of the chi-square statistic for the sample. (Round your answer to two decimal places.)
What are the degrees of freedom?
What assumptions are you making about the original distribution?
(c) Find or estimate the P-value of the sample test statistic.
(d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis?
(e) Interpret your conclusion in the context of the application.
(f) Find the requested confidence interval for the population standard deviation. (Round your answers to two decimal place.)
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Interpret the results in the context of the application.
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