You are conducting a study to test a claim that the mean income of regular casinovisitors is significantly less than $50,000. A random sample of 102 regular casino visitornhad a mean income of $48,043. Do the sample data provide convincing evidence tosupport the claim? Assume o is known to be $22,000. Conduct a hypothesis test using a1% level of significance. Give numeric answers to at least 2 decimal places.What are the correct hypotheses? (Select the correct symbols and values.)Ho:Select an answer v?H1: Select an answerBased on the hypotheses, find the following:Test Statistic =Critical-value%3DThe correct decision is to Select an answer

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Answered: You are conducting a study to test a…

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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If sample data is such that for a one-tailed test of ? you can reject H0 at the 1% level of significance, can you always reject H0 for a two-tailed test at the same level of significance? Explain your answer? A. Yes. If H0 for a one-tailed test is rejected at the 1% level of significance, it will always be rejected for a two-tailed test at the same level of significance. B. No. If H0 for a one-tailed test is rejected at the 1% level of significance, it will never be rejected for a two-tailed test at the same level of significance. C. Yes. The P-value for the two-tailed test could be greater than 0.01. D. No. The P-value for the two-tailed test could be greater than 0.01.
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 704.5. 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 36 high-income individuals and found the sample mean credit score to be 714.9 with a standard deviation of 81.7. 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 V H1: H V (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. V the null hypothesis.…
Pew Research surveyed a random sample of 1,313 U.S. adults in 2011. They asked them: "How important is it, to you personally, to be successful in a high-paying career or profession?" Importance Very important Somewhat important Not important Total Chi-square test Statistic Chi-square total female male 403 408 811 (66.1%) (58.0%)| (61.8%) 158 218 376 (25.9%) (31.0%) (28.6%) 49 77 126 (8.0%) (11.0%) (9.6%) 610 703 1313 (100%) (100%) (100%) df Value P-value 2 9.287 0.0096 We want to test if men and women have the same ideas about the importance of this kind of success. What are the hypotheses?
2. Jim Miller works in the personnel department for a car company. He is told by his supervisor to investigate the difference in the average number of sick days between blue collar workers and whitecollar workers. So he obtained a random sample of 9 blue collar workers and a random sample of 9 white collar workers. He records the results below.At 10% level of significance, is there sufficient evidence to indicate a difference in mean sick days between blue collar workers and white collar workers.
Answer the questions in the images.
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Answer j and k
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 704.9. 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 33 high-income individuals and found the sample mean credit score to be 717.9 with a standard deviation of 83.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the g = 0.05 level of significance. State the null and alternative hypotheses. Ho: µ 704.9 H1: µ > 704.9 (Type integers or decimals. Do not round.) Identify the t-statistic, to = (Round to two decimal places as needed.)
The National Study of the Changing Work Force conducted a study of 2958 wage and salaried workers on issuesranging from relationships with their bosses to household chores. The data were gathered through hour-longtelephone interview with a nationally representive sample. In response to the questions “What does your job meanto you?” 1538 people responded that they “Receive personal satisfaction from success at work.” Let p be thepopulation proportion of people who receive personal satisfaction from success at work. (a) Find a 95% CI for the true value of p. (b) How large of sample is needed if we wish to be 99% confident that the sample proportion of p is within1% of the true population proportion.
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 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 the sample 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. There…
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 705.8. 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 37 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 81.9. 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. Họ: H H1: H (Type integers or decimals. Do not round.)
The Board of Visitors hypothesize that self-esteem is increased by the time spent in college. After completing their junior year, a random sample of students was selected and given the Self-Esteem Adult Survey (SEAS). After completing their senior year they were again tested. What can be conclude with an a of 0.01? junior senior 5.9 2.1 7.2 7.5 7.4 6.9 6.8 6.3 8.5 5.5 6.2 6.4 7.3 4.6 5.2 5.2 a) What is the appropriate test statistic? Related-Samples t-test b) Condition 1: junior Condition 2: senior c) Input the appropriate value(s) to make a decision about Ho. p-value = ; Decision: --Select--- d) Using the SPSS results, compute the corresponding effect size(s) and indicate magnitude(s). If not appropriate, input and/or select "na" below. ; Magnitude: ; Magnitude: ---Select--- d = --Select--- 2 = e) Make an interpretation based on the results. O Students showed significantly less self-esteem in their senior year as opposed to their junior year. O Students showed significantly more…

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