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point(s) possible An important source of income for a large international banking company is home loans. The loan manager at a branch keeps track of the number of loan applicants who visit the branch's loan department per week. Over the last year, the loan manager accumulated the data shown in the table below. From previous years, the manager believes that the distribution of the number of customers has a Poisson distribution with an average of 3.7 loan applicants per week. Determine if the loan officer's belief is correct using a significance level of 0.01. Number of 1 2 3. 4 5 26 9 Customers Frequencies 1 4 12 13 6 10 State the appropriate null and alternative hypotheses. Choose the correct answer below. O A. Ho: The population is Poisson distributed with mean equal to 3.7 H: The population is not Poisson distributed with mean equal to 3.7. O B. H, The population mean is equal to 3.7. HA: The population mean is not equal to 3.7. O C. H,: The population mean is not equal to 3.7. HA: The population mean is equal to 3.7. O D. Ho: The population is not Poisson distributed with mean equal to 3.7. HA: The population is Poisson distributed with mean equal to 3.7. The test statistic is x = (Round to three decimal places as needed.) The p-value is (Round to three decimal places as needed.)

point(s) possible An important source of income for a large international banking company is home loans. The loan manager at a branch keeps track of the number of loan applicants who visit the branch's loan department per week. Over the last year, the loan manager accumulated the data shown in the table below. From previous years, the manager believes that the distribution of the number of customers has a Poisson distribution with an average of 3.7 loan applicants per week. Determine if the loan officer's belief is correct using a significance level of 0.01. Number of 1 2 3. 4 5 26 9 Customers Frequencies 1 4 12 13 6 10 State the appropriate null and alternative hypotheses. Choose the correct answer below. O A. Ho: The population is Poisson distributed with mean equal to 3.7 H: The population is not Poisson distributed with mean equal to 3.7. O B. H, The population mean is equal to 3.7. HA: The population mean is not equal to 3.7. O C. H,: The population mean is not equal to 3.7. HA: The population mean is equal to 3.7. O D. Ho: The population is not Poisson distributed with mean equal to 3.7. HA: The population is Poisson distributed with mean equal to 3.7. The test statistic is x = (Round to three decimal places as needed.) The p-value is (Round to three decimal places as needed.)

MATLAB: An Introduction with Applications
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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mis question: 4 Submit test point(s) possible An important source of income for a large international banking company is home loans. The loan manager at a branch keeps track of the number of loan applicants who visit the branch's loan department per week. Over the last year, the loan manager accumulated the data shown in the table below. From previous years, the manager believes that the distribution of the number of customers has a Poisson distribution with an average of 3.7 loan applicants per week. Determine if the loan officer's belief is correct using a significance level of 0.01. Number of 3 4 5 26 Customers Frequencies 1 4 12 13 6 10 State the appropriate null and alternative hypotheses. Choose the correct answer below. O A. Ho: The population is Poisson distributed with mean equal to 3.7. HA: The population is not Poisson distributed with mean equal to 3.7. O B. H,: The population mean is equal to 3.7. HA: The population mean is not equal to 3.7. O C. H: The population mean is not equal to 3.7. HA: The population mean is equal to 3.7. O D. Ho: The population is not Poisson distributed with mean equal to 3.7. HA: The population is Poisson distributed with mean equal to 3.7. The test statistic is x =|. (Round to three decimal places as needed.) The p-value is (Round to three decimal places as needed.)
Transcribed Image Text:mis question: 4 Submit test point(s) possible An important source of income for a large international banking company is home loans. The loan manager at a branch keeps track of the number of loan applicants who visit the branch's loan department per week. Over the last year, the loan manager accumulated the data shown in the table below. From previous years, the manager believes that the distribution of the number of customers has a Poisson distribution with an average of 3.7 loan applicants per week. Determine if the loan officer's belief is correct using a significance level of 0.01. Number of 3 4 5 26 Customers Frequencies 1 4 12 13 6 10 State the appropriate null and alternative hypotheses. Choose the correct answer below. O A. Ho: The population is Poisson distributed with mean equal to 3.7. HA: The population is not Poisson distributed with mean equal to 3.7. O B. H,: The population mean is equal to 3.7. HA: The population mean is not equal to 3.7. O C. H: The population mean is not equal to 3.7. HA: The population mean is equal to 3.7. O D. Ho: The population is not Poisson distributed with mean equal to 3.7. HA: The population is Poisson distributed with mean equal to 3.7. The test statistic is x =|. (Round to three decimal places as needed.) The p-value is (Round to three decimal places as needed.)
Draw a conclusion. Choose the correct answer below. O A. Do not reject the null hypothesis, and conclude that the population mean is equal to 3.7. O B. Do not reject the null hypothesis, and conclude that the population is Poisson distributed with mean equal to 3.7. O C. Reject the null hypothesis, and conclude that the population is not Poisson distributed with mean equal to 3.7. O D. Reject the null hypothesis, and conclude that the population mean is not equal to 3.7.
Transcribed Image Text:Draw a conclusion. Choose the correct answer below. O A. Do not reject the null hypothesis, and conclude that the population mean is equal to 3.7. O B. Do not reject the null hypothesis, and conclude that the population is Poisson distributed with mean equal to 3.7. O C. Reject the null hypothesis, and conclude that the population is not Poisson distributed with mean equal to 3.7. O D. Reject the null hypothesis, and conclude that the population mean is not equal to 3.7.
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