Old Faithful is a geyser located in Yellowstone National Park in Wyoming, USA. Millions of travelers come from afar to witness Old Faithful's eruptions each year. The data provided show the waiting time until the next eruption for 272272 Old Faithful eruptions in 1990. Suppose that prior to 1990, travelers to Yellowstone are told that Old Faithful is expected to erupt, on average, every 6969 minutes, and park scientists believe that this average is no longer true. Suppose that, based on historical data available over several decades, the scientists are comfortable assuming that all eruption waiting times have a known standard deviation of 17.24817.248 minutes. 54 74 62 85 55 88 85 51 85 54 84 78 47 83 52 62 84 52 79 51 47 78 69 74 83 55 76 78 79 73 77 66 80 74 52 48 80 59 90 80 58 84 58 73 83 64 53 82 59 75 90 54 80 54 83 71 64 77 81 59 84 48 82 60 92 78 78 65 73 82 56 79 71 62 76 60 78 76 83 75 82 70 65 73 88 76 80 48 86 60 90 50 78 63 72 84 75 51 82 62 88 49 83 81 47 84 52 86 81 75 59 89 79 59 81 50 85 59 87 53 69 77 56 88 81 45 82 55 90 45 83 56 89 46 82 51 86 53 79 81 60 82 77 76 59 80 49 96 53 77 77 65 81 71 70 81 93 53 89 45 86 58 78 66 76 63 88 52 93 49 57 77 68 81 81 73 50 85 74 55 77 83 83 51 78 84 46 83 55 81 57 76 84 77 81 87 77 51 78 60 82 91 53 78 46 77 84 49 83 71 80 49 75 64 76 53 94 55 76 50 82 54 75 78 79 78 78 70 79 70 54 86 50 90 54 54 77 79 64 75 47 86 63 85 82 57 82 67 74 54 83 73 73 88 80 71 83 56 79 78 84 58 83 43 60 75 81 46 90 46 74 Use software to calculate the sample mean (?⎯⎯⎯x¯) for these data. Then, conduct a one‑sample, two‑sided ?z‑test to test the park scientists' claim at the ?=0.05α=0.05 level. Calculate the standard error (SE), ?z‑statistic, and the positive ?z‑critical value for this test. Please round all answers to the nearest three decimal places. ?⎯⎯⎯x¯: SE: ?z‑statistic: ?z‑critical value:
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
Old Faithful is a geyser located in Yellowstone National Park in Wyoming, USA. Millions of travelers come from afar to witness Old Faithful's eruptions each year. The data provided show the waiting time until the next eruption for 272272 Old Faithful eruptions in 1990.
Suppose that prior to 1990, travelers to Yellowstone are told that Old Faithful is expected to erupt, on average, every 6969 minutes, and park scientists believe that this average is no longer true. Suppose that, based on historical data available over several decades, the scientists are comfortable assuming that all eruption waiting times have a known standard deviation of 17.24817.248 minutes.
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Use software to calculate the sample mean (?⎯⎯⎯x¯) for these data. Then, conduct a one‑sample, two‑sided ?z‑test to test the park scientists' claim at the ?=0.05α=0.05 level. Calculate the standard error (SE), ?z‑statistic, and the positive ?z‑critical value for this test. Please round all answers to the nearest three decimal places.
?⎯⎯⎯x¯:
SE:
?z‑statistic:
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