Scenario: A researcher believes that elementary school teachers who are women earn less than their male counterparts. She collects data from elementary school teachers and finds that among a random sample of 100 teachers who are women, the mean yearly salary is $57,600 with a standard deviation of $1,000. The mean salary for a random sample of 225 elementary school teachers who are men is $58,800 with a standard deviation of $1,100. Conduct a hypothesis test to assess the researcher's claim. Question: Calculate and report the test statistic t for this hypothesis test.
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A: Given, For mechanical engineers: mean=46300 n=42 s.d =3420 For electrical engineers: mean=46800 n=60…
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A: Mechanical Engineer n1 = 50x1 = 46300s1 = 3450 Electrical Engineern2 = 58x2 = 46800s2 = 4230…
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A: Mechanical Engineer n1 = 50 x1 = 46300 s1 = 3450 Electrical Engineer n2 = 58 x2 = 46800 s2 = 4230
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A: Hypotheses:H0: σ² = 36H1: σ² ≠ 36(Note: The value 36 comes from squaring the standard deviation of…
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A: n1=12,x1¯=82.3,s1=4.7n2=16,x2¯=76.9,s2=6.8
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A: From the given information,Sample size = 25,Sample mean = -$23Sample standard deviation =$16
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A: Given information: n=36x¯=129000s=22000 Confidence level is 99% Significance level is 1%-0.01…
Q: he Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious…
A: Given that, x¯=129000,s=22000,n =36 Degree of freedom: df=n-1 = 36-1 = 35
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- A report states that the mean yearly salary offer for students graduating with a degree in accounting is $48,722. Suppose that a random sample of 50 accounting graduates at a large university who received job offers resulted in a mean offer of $49,870 and a standard deviation of $3900. Do the sample data provide strong support for the claim that the mean salary offer for accounting graduates of this university is higher than the national average of $48,722? Ho: μ = Ha: (Put in the correct symbol and value) ✓ Select an answer a not = P-value: = ↑ Based on the above we choose to Select an answer Question Help: Post to forum Submit QuestionThe College Board reports that the scores on the math SAT were normally distributed with a mean of 525. A random sample of 15 students at your high school had a mean of 550 and a sample standard deviation of 105. What values of the sample mean would lead to rejection of the null hypothesis at the 0.01 level of significance?The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It is an attractive alternative to getting an MBA for students wanting a career in investment. A student of finance is curious to know if a CFA designation is a more lucrative option than an MBA. He collects data on 36 recent CFAS with a mean salary of $145,000 and a standard deviation of $36,000. A sample of 47 MBAS results in a mean salary of $135,000 with a standard deviation of $24,000. Assume that H, is the population mean for individuals with a CFA designation and u, is the population mean of individuals with MBAS. (You may find it useful to reference the appropriate table: z table or t table) a. Set up the hypotheses to test if a CFA designation is more lucrative than an MBA at the 10% significance level. O Họ: 41- H2 = 0; HA: H1 - H2# 0 O Ho: 1-4220; HA H1 - 4200 b-1. Calculate the value of the test statistic. Do not assume that the population variances are…
- A Two-Sample Hypothesis TestThe mean number of English courses taken in a two-year time period by male and female college students is believed to be about the same. An experiment is conducted and data are collected from 29 males and 16 females. The males took an average of three English courses with a standard deviation of 0.8. The females took an average of four English courses with a standard deviation of 1.0. Are the means statistically the same? (Assume a 5% level of significance.)Useful tools:Normal Distribution Calculatort-Distribution Calculator 1. Which of the following null and alternative hypotheses match this scenario? A---H0:Δμ=0H0:Δμ=0Ha:Δμ≠0Ha:Δμ≠0 B---H0:Δμ≠0H0:Δμ≠0Ha:Δμ=0Ha:Δμ=0 C---H0:Δμ=0H0:Δμ=0Ha:Δμ>0 2. Which type of test should be applied? A---The alternative hypothesis indicates a right-tailed test. B---The alternative hypothesis indicates a left-tailed test. C---The alternative hypothesis indicates a two-tailed test. 3. Which type of distribution should be…A local business offers test-taking courses for students who are planning to take the Graduate Record Examination (GRE) as part of their graduate school applications. The business promises to produce student test scores that are above the national average. You collect a random sample of 75 local students who have taken the course and calculate that their average GRE score is 1630 with a standard deviation of 320. The average GRE score for all students in the nation is 1590. Conduct a significance test at a=.05 to answer the research question: Does the course significantly improve local student GRE scores? STEP ONE: What are the test requirements/assumptions for this significance test? Check all that apply. Group of answer choices a) Random Sample b) Normal Sampling Distribution c) Interval-ratio variable of GRE scores d) No answer text provided.A report states that the mean yearly salary offer for students graduating with a degree in accounting is $48,722. Suppose that a random sample of 50 accounting graduates ata large university who received job offers resulted in a mean offer of $49.870 and a standard deviation of $3900, Do the sample data provide strong support for the claim that the mean salary offer for accounting graduates of this university is higher than the national average of $48,722? Ho: = H: p Select an answerY (Put in the correct syimbol and value) P value Based on the above we choose to Select an answer
- A technician compares repair costs for two types of microwave ovens (type I and type II). He believes that the repair cost for type I ovens is greater than the repair cost for type II ovens. A sample of 35 type I ovens has a mean repair cost of $80.39. The population standard deviation for the repair of type I ovens is known to be $24.63. A sample of 31 type II ovens has a mean repair cost of $73.47. The population standard deviation for the repair of type II ovens is known to be $10.42. Conduct a hypothesis test of the technician's claim at the 0.05 level of significance. Let i be the true mean repair cost for type I ovens and µz be the true mean repair cost for type II ovens. Step 1 of 5: State the null and alternative hypotheses for the test.The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling exams, the designation often results in a promising career with a lucrative salary. A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and computes a mean salary of $146,000 with a standard deviation of $23,000. Use this sample information to determine the 99% confidence interval for the average salary of a CFA charterholder. Note: Round your final answers to the nearest whole number.A school psychologist was interested in whether students in the chess club scored above or below the mean grade point average (GPA) at her school. She calculated the overall average GPA at the school to be 2.55 with a standard deviation of 0.5 and noted that the distribution was approximately normal. She then figured the average for the 30 students in the chess club. Their mean GPA was 2.76. a. Using the five steps of hypothesis testing, was the group of 30 chess club students' GPA different from students in general at this school? (Use the .05 significance level.) Be sure to sketch the distributions involved. Be sure to fully state the five steps and show ALL calculations/work. b. Additionally, explain the logic of what you did to a person who understands hypothesis testing for studies in which the sample consists of a single individual but is unfamiliar with hypothesis testing involving a sample of more than one individual. (Be sure your explanation includes a discussion of the…
- asapA researcher is conducting a study to determine the mean trough dosage of medication for a population. Assume a previous study was conducted for the same medication and the mean trough dose was found to be 490 mg with a standard deviation of 30 mg. If the researcher wants to be 95% confident the true mean trough dosage of the medication is within 10 mg of the true mean trough dosage, what sample size is needed if the study is predicted to have an 76% retention rate? n = 50 n = 71 n = 47 n = 104Historically, the mean age of all Memphis residents has been 40 years. You believe this has changed. You take a random sample of 130 Memphis residents and find that their mean age is 36 years with a standard deviation of 17 years. Can you conclude that the mean age of all Memphis residents has changed from 40 years. For the hypothesis testing scenario above, compute the test statistic. For the hypothesis testing scenario above, you conclude that the mean age of all Memphis residents has changed from 40 years at the 0.05 significance level. Compute the 95% confidence interval to estimate the mean age of all Memphis residents.