sreh, Ihe, bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. if a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file Fowle. Based upon past studies, the opulation standard deviation is assumed known with o4 minutes. Is the premium rate justified? Click on the datafile logo to reference the data. DATA file Formulate the null and alternative hypotheses for this application, Select your anwer Select your answer Compute the value of the test statistic (to 2 decimals). -What is the p-value (to 4 decimals)? - Using a= 0.01, is a premium rate justified for this client? Select your answer
sreh, Ihe, bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. if a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file Fowle. Based upon past studies, the opulation standard deviation is assumed known with o4 minutes. Is the premium rate justified? Click on the datafile logo to reference the data. DATA file Formulate the null and alternative hypotheses for this application, Select your anwer Select your answer Compute the value of the test statistic (to 2 decimals). -What is the p-value (to 4 decimals)? - Using a= 0.01, is a premium rate justified for this client? Select your answer
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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Transcribed Image Text:Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer
mean survey time is necessary, a premium rate is charged. A sample of 35 surveys provided the survey times shown in the file Fowle. Based upan past studies, the
population standard deviation is assumed known with o =4 minutes. Is the premium rate justified?
Click on the datafile logo to reference the data.
DATA File
a. Formulate the null and alternative hypotheses for this application,
Hot
Ha:
Select your answer
Select your answer
b. Compute the value of the test statistic (to 2 decimals).
c. What is the p-value (to 4 decimals)?
d. Using a 0.01, is a premium rate justified for this client?
Select your answer
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