st each of the following by performing the steps in hypothesis testing. 1. The mean sales of 50 sales executives who showed aggressiveness in e-marketing was P6,820,000 with a standard deviation of P250,000, while 50 sales executives who showed aggressiveness in the social media has a mean sales of P6,500,000 with a standard deviation of P280,000. Test the hypothesis that sales executives who showed aggressiveness in e-marketing have higher sales than the other sales executives at 0.05.
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- The National Coalition on Healthcare suggests that the mean annual premium that a health insurer charges an employer for a health plan covering a family of four averaged $13,000 in 2009. A sample of 30 families of four yields a mean annual premium paid by their employer to be $13,500 with a sample standard deviation of $300. We are interested in whether the mean annual premium that a health insurer charges an employer for a health plan covering a family of four is different from $13,000 using a significance level of 0.10. Select one: a. tdata = 9.129, do not reject Ho. b. tdata = 9.129, reject Ho. c. tdata = -9.129, do not reject Ho. O d. tdata = 4.156, reject Ho.A marketing consultant is hired by a major restaurant chain wishing to investigate the preferences and spending patterns of lunch customers. The CEO of the chain hypothesized that the average customer spends at least $13.50 on lunch. A survey of 25 customers sampled at one of the restaurants found the average lunch bill per customer to be ?¯=$14.50 . Based on previous surveys, the restaurant informs the marketing manager that the standard deviation is ?=$3.50 . To address the CEO’s conjecture, the marketing manager carried out a hypothesis test of ?0:?=13.50 vs. ??:?>13.50 and obtained a ?‑value = 0.77. The marketing chooses a significance level of ?=0.10. If he uses this significance level throughout his work, how often will he reject a true null hypothesis? Group of answer choices a.He will reject 10% of all true null hypotheses. b. He will reject 1% of all true null hypotheses. c. He will reject 5% of all true null hypotheses. d. He will not reject 10% of all true null…A sample of 76 female workers and another sample of 48 male workers from a state produced mean weekly earnings of $743.50 for the females and $777.63 for the males. Suppose that the population standard deviations of the weekly earnings are $80.05 for the females and $88.68 for the males. The null hypothesis is that the mean weekly earnings are the same for females and males, while the alternative hypothesis is that the mean weekly earnings for females is less than the mean weekly earnings for males. Directions: • Label your answers with the correct statistical symbols. • If you use the Ti, identify which function and values you used to calculate. If you solve by hand, show all steps 2.5 The significance level for the test is 1%. What is/are the critical value(s)? 2.6. What is the value of the test statistic, rounded to three decimal places? 2.7. What is the p-value for this test, rounded to four decimal places? 2. 8. Using the p-value approach, do you reject or fail to reject the null…
- A telemarketing company knows that the daily average sales is 20. A new telemarketer who has just started with the company claims that the target of 20 sales per day is an unreasonably high target. From the 100 telemarketers working for you, you select a random sample of 16 and calculate the mean and the standard deviation of sales for a day to be 18.5 and 3.2 respectively. Is there any validity in the statement made by the new telemarketer? Test at the 5% level of significance.Logan and Brian began arguing about who did better on their tests, but they couldn't decide who did better given that they took different tests. Logan took a test in Art History and earned a 76.8, and Brian took a test in English and earned a 68.9. Use the fact that all the students' test grades in the Art History class had a mean of 71.9 and a standard deviation of 11.6, and all the students' test grades in English had a mean of 61 and a standard deviation of 9.4 to answer the following questions.a) Calculate the z-score for Logan's test grade.z=z= [Round your answer to two decimal places.] b) Calculate the z-score for Brian's test grade.z=z= [Round your answer to two decimal places.]c) Which person did relatively better? Logan Brian They did equally well.A personnel psychologist has to decide which of three employees to place in a particular job that requires a high level of coordination. All three employees have taken tests of coordination, but each took a different test. Employee A scored 15 on a test with a mean of 10 and a standard deviation of 2; Employee B scored 350 on a test with a mean of 300 and a standard deviation of 40; and Employee C scored 108 on a test with a mean of 100 and a standard deviation of 16. (On all three tests, higher scores mean greater coordination.) Which employee has the best coordination? (hint: convert raw scores to z scores and compare) Select one: a. Employee A b. Employee B c. Employee C Clear my choice
- Barron's has collected data on the top 1,000 financial advisers. Company A and Company B have many of their advisers on this list. A sample of 16 of the Company A advisers and 10 of the Company B advisers showed that the advisers managed many very large accounts with a large variance in the total amount of funds managed. The standard deviation of the amount managed by the Company A advisers was s1 = $583 million. The standard deviation of the amount managed by the Company B advisers was s2 = $488 million. Conduct a hypothesis test at ? = 0.10 to determine if there is a significant difference in the population variances for the amounts managed by the two companies. What is your conclusion about the variability in the amount of funds managed by advisers from the two firms? State the null and alternative hypotheses. H0: ?12 ≠ ?22 Ha: ?12 = ?22 H0: ?12 ≤ ?22 Ha: ?12 > ?22 H0: ?12 = ?22 Ha: ?12 ≠ ?22 H0: ?12 > ?22 Ha: ?12 ≤ ?22 Find the value of the test statistic.…A pharmaceutical company needs to know if its new cholesterol drug, Praxor, is effective at lowering cholesterol levels. It believes that people who take Praxor will average a greater decrease in cholesterol level than people taking a placebo. After the experiment is complete, the researchers find that the 46 participants in the treatment group lowered their cholesterol levels by a mean of 19.5 points with a standard deviation of 4.9 points. The 37 participants in the control group lowered their cholesterol levels by a mean of 18.4 points with a standard deviation of 4.1 points. Assume that the population variances are not equal and test the company's claim at the 0.02 level. Let the treatment group be Population 1 and let the control group be Population 2. Step 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.The mean work week for engineers in start-up companies is claimed to be about 59 hours with a standard deviation of 6 hours. Kara, a newly hired engineer hopes that it's not (she wants it to be shorter). She asks 10 engineers in start-ups for the lengths of their mean work weeks. Their responses are 70; 45; 55; 60; 65; 55; 55; 60; 50; 55.a. Is the newly hired engineer testing a mean or a proportion? mean proportion Correct b. The null hypothesis (or company claim), in symbols, is μ=μ=Correct.c. If the claim is correct, what is the probability that a sample mean would be as low as Kara's mean?Incorrect %Give your answer as a percentage accurate to one decimal place.
- 2. Alfred scored 82 in a quiz in English for which the average Score of the class was 75 with a standard deviation of 10. He also took a quiz in Statistics and scored 70 for which the average score of the class was 55, and the standard deviation was 14. Relative to other students in the class, did Alfred do better in English or Statistics?Two groups of students took the same test. Group A is having a mean of 60 marks and a standard deviation of 5 markS. Group B is having a mean of 60 marks and a standard deviation of 10 marks. Which of the statements below is correct? A. Group A students have a wider spread in performance than that in group B B. Group B students have a wider spread in performance than that in group A C. Group A students have the same spread in performance than that in group B D. None of the above AA recent study found that 61 children who watched a commercial for potato chips featuring a celebrity endorser ate a mean of 39 grams of potato chips as compared to a mean of 28 grams for 51 children who watched a commercial for an alternative food snack. Suppose that the sample standard deviation for the children who watched the celebrity-endorsed commercial was 21.2 grams and the sample standard deviation for the children who watched the alternative food snack commercial was 12.7 grams. What is the test statistic? tSTAT= __________ (Round to two decimal places as needed.)