A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to asurvey, the mean credit score is 708.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 43 high-income individuals and found thesample mean credit score to be 723.3 with a standard deviation of 84.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance.State the null and alternative hypotheses.Ho: H(Type integers or decimals. Do not round.)Identify the t-statistic.to = (Round to two decimal places as needed.)Identify the P-value.P-value =(Round to three decimal places as needed.)Make a conclusion regarding the hypothesis.the null hypothesis. Theresufficient evidence to claim that the mean credit score of high-income individuals is

It is given that Sample size n = 43 Sample mean M = 723.3 Sample SD s = 84.6 Level of significance =…

Answered: State the null and alternative…

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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Environmental Protection Agency (EPA) fuel economy estimates for automobile models tested recently predicted a mean of 24.8 mpg and a standard deviation of 6.2 mpg for highway driving. Assume a normal model can be applied. In what interval would you expect the middle 58% of autos to be found? sketch the region in questions. Write a sentence describing what your answer represetns about the problems specifics.
last box is? or is not?
The filling the sentence says "Reject or Fail to Reject" and "Sufficient or Not Sufficient" Please provide the answer for all the parts. Thanks in advance.
Answer these question
answer e
% of all data lies within one standard deviation to the left of mean % of all data lies with two standard deviation to the right of mean
State the hypotheses and identify the claim. Compute the test statistic Find the P-value. Make the decision. Write the conclusion. Assume all populations are normally distributed. Test all claims at 0.05 . Do male and female college students have the same distribution of living arrangements? Suppose that 250 randomly selected male college students and 300 randomly selected female college students were asked about their living arrangements. The results are in the table. Test the claim that male and female college students have the same distribution of living arrangement. Dormitory Apartment With Parents Other Males 72 84 49 45 Females 91 86 88 35
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A standardized exam's scores are normally distributed. In a recent year, the mean test score was 20.6 and the standard deviation was 5.6. The test scores of four students selected at random are 13, 23, 7, and 35. Find the z-scores that correspond to each value and determine whether any of the values are unusual. Question content area bottom Part 1 The z-score for 13 is (Round to two decimal places as needed.) Part 2 The z-score for 23 is (Round to two decimal places as needed.) Part 3 The z-score for 7 is (Round to two decimal places as needed.) Part 4 The z-score for 35 is (Round to two decimal places as needed.) Part 5 Which values, if any, are unusual? Select the correct choice below and, if necessary, fill in the answer box within your choice. A. The unusual value(s) is/are (Use a comma to separate answers as needed.) B. None of the values are unusual.
Assume the samples are random and independent, the populations are nomally distributed, and the population variances are equal. The table available below shows the prices (in dollars) for a sample of automobile batteries. The prices are classified according to battery type. At a = 0.10, is there enough evidence conclude that at least one mean battery price is different from the others? Complete parts (a) through (e) below. E Click the icon to view the battery cost data. (a) Let u1. P2. H3 represent the mean prices for the group size 35, 65, and 24/24F respectively. Identify the claim and state Ho and H. H Cost of batteries by type The claim is the V hypothesis. Group size 35 Group size 65 Group size 24/24F 101 111 121 124 D 146 173 182 278 124 140 141 89 (b) Find the critical value, Fo, and identify the rejection region. 90 79 84 The rejection region is F Fo, where Fo = (Round to two decimal places as needed.) (c) Find the test statistic F. Print Done F= (Round to two decimal places as…
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A researcher wishes to test the effects of excerise on the ability to complete a basic skills test. He designs a pre-test and post-test to give to each participant. You believe that there was a difference in the scores. You believe the population of the differences is normally distributed, but you do not know the standard deviation. When calculating difference use Post-test minus Pre-test. pre-test post-test 63 71 97 94 66 66 41 32 96 97 41 45 79 81 98 106 76 70 63 70 42 47 86 94 Which of the following are the correct hypotheses? O Ho: Hd 2 0 HA: Ha 0(claim) O Ho: Hd = 0 HA: Hd + 0(claim) Given that a is 0.05 the critical value is 2.201 and -2.201 The test statistic is: (round to 3 places) The p-value is: (round to 3 places) The decision can be made to: O reject Ho O do not reject Ho The final conclusion is that: O There is enough evidence to reject the claim that there was a difference in the scores. O There is not enough evidence to reject the claim that there was a difference in…

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