c. Compute the value of the test statistic. (Negative amount should be indicated by aminus sign. Round your answer to 3 decimal places.)Value of the test statisticd. What is the conclusion regarding the null hypothesis?(Click to select) Ho. The cost is (Click to select) than$10,000. The cost of weddings in the United States has skyrocketed in recent years. As a result,many couples are opting to have their weddings in the Caribbean. A Caribbean vacationresort recently advertised in Bride Magazine that the cost of a Caribbean wedding wasless than $10,000. Listed below is a total cost in $000 for a sample of 8 Caribbeanweddings. At the 0.005 significance level is it reasonable to conclude the mean weddingcost is less than $10,000 as advertised?9.5 9.1 10.8 9.7 8.5 9.4 8.6 9.4a. State the null hypothesis and the alternate hypothesis. Use a 005 level ofsignificance. (Enter your answers in thousands of dollars.)Ho:μzH₁: N<b. State the decision rule for 0.005 significance level. (Negative amount should beindicated by a minus sign. Round your answer to 3 decimal places.)Reject Ho if t<

From the provided information, Sample size (n) = 8 The claim is that the mean wedding cost is less…

Answered: The cost of weddings in the United…

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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Similar questions

1. If you wanted to conduct a survey to determine the mean shoe size of American adults, how could you collect the data to ensure that you had a simple random sample?
5. 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 a survey, the mean credit score is 702.9. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 32 high-income individuals and found the sample mean credit score to be 719.1 with a standard deviation of 80.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (1) H: μ (2) (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. (3) the null…
USA TODAY (October 14, 2016) reported that Americans spend 4.1 hours per weekday checking work email. This was an estimate based on a survey of 1,004 white-collar workers in the United States. (a) Suppose that you would like to know if there is evidence that the mean time spent checking work email for white-collar workers in the United States is more than half of the 8-hourwork day. What would you need to assume about the sample in order to use the given sample data to answer this question? (Select all that apply.) We would need to assume that all white-collar workers were surveyed or the sample is representative of the population of white-collar workers in the United States.We would need to assume that all observations are dependent or all observations are independent.We would need to assume that the distribution of the population of times is normal or that the sample size is small.We would need to assume that the sample was randomly selected or is representative of the population…
4 Ms. Lisa Monnin is the budget director for Nexus Media Inc. She would like to compare the daily travel expenses for the sales staff and the audit staff. She collected the following sample information. Sales ($) Audit ($) 125 137 147 162 136 142 128 107 130 141 141 108 140 At the 0.01 significance level, can she conclude that the mean daily expenses are greater for the sales staff than the audit staff? Click here for the Excel Data File 1. State the decision rule. (Round your answer to 3 decimal places.) Reject Ho if t> 2. Compute the pooled estimate of the population variance. (Round your answer to 2 decimal places.) Pooled variance 3. Compute the test statistic. (Round your answer to 3 decimal places.) Value of the test statistic 4. State your decision about the null hypothesis. (Click to select) Ho: H₂ Ha 5. Estimate the p-value. (Round your answers to 3 decimal places.) p-value (Click to select) Sales 125 137 147 162 136 142 Audit 128 107 130 141 141 108 140
Previously, an organization reported that teenagers spend 12.5 hours per week, on average, on the phone. The organization thinks that, currently, the mean is lower. Twenty-three randomly chosen teenagers were asked how many hours per week they spend on the phone, with the following results (in hours): 10.4, 10.4, 17.3, 11.2, 10, 15.2, 9.5, 5.8, 12.5, 11.8, 7.3, 10.6, 11.5, 16.2, 16.5, 14.3, 12.3, 9.9, 13.7, 8.6, 11.3, 13, 16.5 Perform a hypothesis test using a 10% level of significance. Step 1: State the null and alternative hypotheses. Ho: pv 12.5 12.5 (So we will be performing a left-tailed Vv test.) Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem. By the Central Limit Theorem, we know that the point estimates are t-distributed with distribution mean and distribution standard deviation Step 3: Find the p-value of the point estimate. = P(tv sv p-value = Step 4: Make a Conclusion About the nulI…
The cities with the highest life expectancy are Nowhereville: 84.6 years; Somewhereopolis: 79.8 years; Kinch City: 79.8 years; Tortuga: 84.6 years; Euler Town: 78.5 years; Godelville: 84.6 years; Sirap: 90.1 years. Find the mean, the median, and the mode. ..... Find the mean. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. The mean life expectancy is years. (Round to the nearest tenth as needed.) B. The mean does not exist. Find the median. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. The median life expectancy is years. (Round to the nearest tenth as needed.) B. The median does not exist. Find the mode. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. The mode life expectancy is years. (Round to the nearest tenth as needed.) O B. The mode does not exist.
It is generally believed that nearsightedness affectsabout 12% of all children. A local elementary school registered 133 incoming kindergarteners. Part A: Describe the sampling distribution model for the sample proportion by identifying its shape and telling its mean and standard deviation.Part B: What is the probability that more than 15% of the incoming kindergarteners are nearsighted?
We want to know if there is a difference between the mean list price of a three bedroom home, μ3, and the mean list price of a four bedroom home, μ4. What is the alternative hypothesis?

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