Loose Leaf for Statistical Techniques in Business and Economics

17th Edition

ISBN: 9781260152647

Author: Douglas A. Lind

Publisher: McGraw-Hill Education

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Chapter 10, Problem 32CE

A recent article in Vitality magazine reported that the mean amount of leisure time per week for American men is 40.0 hours. You believe this figure is too large and decide to conduct your own test. In a random sample of 60 men, you find that the mean is 37.8 hours of leisure per week and that the standard deviation of the sample is 12.2 hours. Can you conclude that the information in the article is untrue? Use the .05 significance level. Determine the p-value and explain its meaning.

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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Chapter 10, Problem 31CE

Chapter 10, Problem 33CE

Chapter 10 Solutions

Loose Leaf for Statistical Techniques in Business and Economics

Ch. 10 - Heinz, a manufacturer of ketchup, uses a...Ch. 10 - Prob. 2SR Ch. 10 - For Exercises 14, answer the questions: (a) Is...Ch. 10 - Prob. 2E Ch. 10 - Prob. 3E Ch. 10 - For Exercises 14, answer the questions: (a) Is...Ch. 10 - For Exercises 58: (a) State the null hypothesis...Ch. 10 - For Exercises 58: (a) State the null hypothesis...Ch. 10 - For Exercises 58: (a) State the null hypothesis...Ch. 10 - For Exercises 58: (a) State the null hypothesis...

Ch. 10 - The mean life of a battery used in a digital clock...Ch. 10 - Given the following hypotheses: H0:10H1:10 A...Ch. 10 - Given the following hypotheses: H0:=400H1:400 A...Ch. 10 - The Rocky Mountain district sales manager of Rath...Ch. 10 - The management of White Industries is considering...Ch. 10 - Prob. 13E Ch. 10 - Most air travelers now use e-tickets. Electronic...Ch. 10 - A machine is set to fill a small bottle with 9.0...Ch. 10 - Given the following hypotheses: H0:20H1:20 A...Ch. 10 - Given the following hypotheses: H0:=100H1:100 A...Ch. 10 - The amount of water consumed each day by a healthy...Ch. 10 - The liquid chlorine added to swimming pools to...Ch. 10 - A Washington, D.C., think tank announces the...Ch. 10 - Hugger Polls contends that an agent conducts a...Ch. 10 - Prob. 5SR Ch. 10 - Refer to Table 104 and the example just completed....Ch. 10 - Prob. 22E Ch. 10 - Prob. 23E Ch. 10 - Prob. 24E Ch. 10 - According to the local union president, the mean...Ch. 10 - Rutter Nursery Company packages its pine bark...Ch. 10 - A new weight-watching company, Weight Reducers...Ch. 10 - Dole Pineapple Inc. is concerned that the 16-ounce...Ch. 10 - According to a recent survey, Americans get a mean...Ch. 10 - A statewide real estate sales agency, Farm...Ch. 10 - According to the Census Bureau, 3.13 people reside...Ch. 10 - A recent article in Vitality magazine reported...Ch. 10 - Prob. 33CE Ch. 10 - Prob. 34CE Ch. 10 - A recent study revealed the typical American...Ch. 10 - The postanesthesia care area (recovery room) at...Ch. 10 - www.golfsmith.com receives an average of 6.5...Ch. 10 - During recent seasons, Major League Baseball has...Ch. 10 - Watch Corporation of Switzerland claims that its...Ch. 10 - Listed below is the annual rate of return...Ch. 10 - Many grocery stores and large retailers such as...Ch. 10 - For a recent year, the mean fare to fly from...Ch. 10 - The publisher of Celebrity Living claims that the...Ch. 10 - A United Nations report shows the mean family...Ch. 10 - Prob. 45CE Ch. 10 - The American Water Works Association reports that...Ch. 10 - A cola-dispensing machine is set to dispense 9.00...Ch. 10 - The owners of the Westfield Mall wished to study...Ch. 10 - The following null and alternate hypotheses are...Ch. 10 - An insurance company, based on past experience,...Ch. 10 - A national grocers magazine reports the typical...Ch. 10 - Prob. 52DA Ch. 10 - Refer to the Lincolnville School District bus...

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