You may need to use the appropriate appendix table or technology to answer this question. Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys from a particular client provided the survey times shown in the file named Fowle. Based upon past studies, the population standard deviation is assumed known with σ = 4 minutes. Is the premium rate justified for this client? 17 11 12 23 20 23 15 16 23 22 18 23 25 14 12 12 20 18 12 19 11 11 20 21 11 18 14 13 13 19 16 10 22 18 23 (a) Formulate the null and alternative hypotheses for this application. H0: μ = 15 Ha: μ ≠ 15 H0: μ ≥ 15 Ha: μ < 15 H0: μ ≤ 15 Ha: μ > 15 H0: μ < 15 Ha: μ ≥ 15 H0: μ > 15 Ha: μ ≤ 15 (b) Compute the value of the test statistic. (Round your answer to two decimal places.) _ (c) What is the p-value? (Round your answer to four decimal places.) p-value = (d) At α = 0.01,what is your conclusion? Do not reject H0. There is sufficient evidence to conclude that the premium rate should be charged. Do not reject H0. There is insufficient evidence to conclude that the premium rate should be charged. Reject H0. There is sufficient evidence to conclude that the premium rate should be charged. Reject H0. There is insufficient evidence to conclude that the premium rate should be charged.

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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You may need to use the appropriate appendix table or technology to answer this question.

Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed in a mean time of 15 minutes or less. If a longer mean survey time is necessary, a premium rate is charged. A sample of 35 surveys from a particular client provided the survey times shown in the file named Fowle. Based upon past studies, the population standard deviation is assumed known with

σ = 4 minutes.

Is the premium rate justified for this client?

17	11	12	23	20	23	15
16	23	22	18	23	25	14
12	12	20	18	12	19	11
11	20	21	11	18	14	13
13	19	16	10	22	18	23

(a)

Formulate the null and alternative hypotheses for this application.

H₀: μ = 15

H_a: μ ≠ 15

H₀: μ ≥ 15

H_a: μ < 15

H₀: μ ≤ 15

H_a: μ > 15

H₀: μ < 15

H_a: μ ≥ 15

H₀: μ > 15

H_a: μ ≤ 15

(b)

Compute the value of the test statistic. (Round your answer to two decimal places.) _____________

(c)

What is the p-value? (Round your answer to four decimal places.)

p-value =____________

(d)

At α = 0.01,what is your conclusion?

Do not reject H₀. There is sufficient evidence to conclude that the premium rate should be charged.

Do not reject H₀. There is insufficient evidence to conclude that the premium rate should be charged.

Reject H₀. There is sufficient evidence to conclude that the premium rate should be charged.

Reject H₀. There is insufficient evidence to conclude that the premium rate should be charged.

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