The null and alternate hypotheses are: H0 : μd ≤ 0 H1 : μd > 0 The following sample information shows the number of defective units produced on the day shift and the afternoon shift for a sample of four days last month. Day 1 2 3 4 Day shift 11 12 13 19 Afternoon shift 9 10 14 15 At the 0.025 significance level, can we conclude there are more defects produced on the day shift? Hint: For the calculations, assume the day shift as the first sample. State the decision rule. (Round your answer to 2 decimal places.) Compute the value of the test statistic. (Round your answer to 3 decimal places.) What is the p-value? multiple choice 1 Between 0.05 and 0.10 Between 0.001 and 0.005 Between 0.005 and 0.01 What is your decision regarding H0? multiple choice 2 Do not reject H0 Reject H0
The null and alternate hypotheses are: H0 : μd ≤ 0 H1 : μd > 0 The following sample information shows the number of defective units produced on the day shift and the afternoon shift for a sample of four days last month. Day 1 2 3 4 Day shift 11 12 13 19 Afternoon shift 9 10 14 15 At the 0.025 significance level, can we conclude there are more defects produced on the day shift? Hint: For the calculations, assume the day shift as the first sample. State the decision rule. (Round your answer to 2 decimal places.) Compute the value of the test statistic. (Round your answer to 3 decimal places.) What is the p-value? multiple choice 1 Between 0.05 and 0.10 Between 0.001 and 0.005 Between 0.005 and 0.01 What is your decision regarding H0? multiple choice 2 Do not reject H0 Reject H0
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
The null and alternate hypotheses are:
H0 : μd ≤ 0
H1 : μd > 0
The following sample information shows the number of defective units produced on the day shift and the afternoon shift for a sample of four days last month.
Day | ||||
1 | 2 | 3 | 4 | |
Day shift | 11 | 12 | 13 | 19 |
Afternoon shift | 9 | 10 | 14 | 15 |
At the 0.025 significance level, can we conclude there are more defects produced on the day shift? Hint: For the calculations, assume the day shift as the first sample.
-
State the decision rule. (Round your answer to 2 decimal places.)
-
Compute the value of the test statistic. (Round your answer to 3 decimal places.)
-
What is the p-value?
multiple choice 1
-
Between 0.05 and 0.10
-
Between 0.001 and 0.005
-
Between 0.005 and 0.01
-
What is your decision regarding H0?
multiple choice 2
-
Do not reject H0
-
Reject H0
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education