Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Textbook Question
Chapter 7, Problem 24PS
An industrial sewing machine uses ball bearings that are targeted to have a diameter of 0.75 inch. The lower upper specification limits under which the ball bearing can operate are 0.74 inch (lower) and 0.76 inch (upper). Past experience has indicated that the actual diameter of the ball bearings is approximately
a. between the target and the population mean of 0.753?
b. between the lower specification limit and the target?
c. greater than the upper specification limit?
d. less than the lower specification limit?
e. The probability is
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(a) Identify the null hypothesis and alternative hypothesis.
O A. Ho: " =85,000
Нa: μ85,000
D. Hoi u >85,000
Нa: μ≤85,000
(b) Identify the standardized test statistic.
Z=
B. Hoμ≥85,000
Haμ85,000
Haμ≤85,000
(Round the final answer to two places as needed. Round all intermediate values to three places as needed.)
(c) Find the P-value. Use technology.
(Round to three decimal places as needed.)
(d) Decide whether to reject…
I would like to get help to know how to make a report of the multiple regression analysis I performed about 30 employees salaries. it should include a description of the predictice model, pre-analysis, regression analysis, interpretation of the relevant findings and a conclusion with recommendations. thank you
THE QUESTION:
Set up a free RStudio account at posit.cloud. At the start of your R session, you should enter the following commands.
set.seed(1)
e<-rnorm(n = 100,mean = 0,sd = 80)
x<-seq(1,100,1)
y<-10+15*x + e
Follow the examples in the Panopto Videos to use R to obtain the values requested below. (As always, if you round your answers, make sure you do so correctly and keep at least
three decimal places.)
(a) The smallest value of y =
(b) The largest value of y =
(c) The standard deviation of y =
(d) The mean of y =
(e) The median of y =
(f) The correlation between x and y =
(g) Using the variable e as data, the p-value for a test of Ho = 0 vs. Hд μ0 is
ANSWERS I HAVE TRIED
THAT ARE NOT CORRECT ↓
Answer Preview
(BESIDES F, F IS CORRECT)
(A)
-104.123
(B)
1545.84
(C)
448.543
(D)
752.347
(E)
775.533
(F)
(G)
0.987
0.497
PLEASSSEEE DO NOT GIVE ME
BACK THE SAME ANSWERS
THAT I HAVE SAID ARE WRONG
Result
incorrect
incorrect
incorrect
incorrect
incorrect
correct
incorrect
Chapter 7 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
Ch. 7 - Given a normal distribution with =100and=10, if...Ch. 7 - Given a normal distribution with =50and=5, if you...Ch. 7 - For each of the following three populations,...Ch. 7 - The following data represent the number of days...Ch. 7 - The diameter of a brand of tennis balls is...Ch. 7 - Prob. 6PSCh. 7 - According to a mashable post. time spent on...Ch. 7 - Today, full-time college students report spending...Ch. 7 - In a random sample of 64 people, 48 are classified...Ch. 7 - A random sample of 50 households was selected for...
Ch. 7 - The following data represent the responses (Y for...Ch. 7 - A political pollster is conducting an analysis of...Ch. 7 - You plan to conduct a marketing experiment in...Ch. 7 - Prob. 14PSCh. 7 - Prob. 15PSCh. 7 - Prob. 16PSCh. 7 - The Chartered Financial Analyst (CFA) institute...Ch. 7 - A Pew Research Center project on the state of news...Ch. 7 - Why is the sample mean an unbiased estimator of...Ch. 7 - Why does the standard error of the mean decrease...Ch. 7 - Why does the sampling distribution of the mean...Ch. 7 - What is the difference between a population...Ch. 7 - Under what circumstances does the sampling...Ch. 7 - An industrial sewing machine uses ball bearings...Ch. 7 - The fill amount of bottles of a soft drinks is...Ch. 7 - Prob. 26PSCh. 7 - In Problem 7.26, suppose that the mean amount of...Ch. 7 - Prob. 28PSCh. 7 - Prob. 29PS
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- Does Chi-squared(alpha) always represent the right tail of the the chi-square distribution and does Chi-squared(1-alpha) always represent the left tail of the the chi-square distribution. Also, for a standard normal distribution would Z(1-alpha) be equivalent to -Zalpha in represneting the left tail of the standard normal distribution curve because they both have the same z-score. Furthermore, is my understanding correct in the sense that if we have a critical value,say Zalpha, would the area to the right of it will be alpha and to the left of it would be 1-alphaarrow_forwardOne bulb manufacturer claims an average bulb life of 1,600 hours. It is suspected that the actual average is significantly lower. To verify this, a sample of 49 bulbs is selected and the life of each bulb is measured. A sample mean of 1,500 hours and a standard deviation of 120 hours were obtained from them. Can you be sure, at 5% significance, that the mean life is less than what the manufacturer claims?arrow_forwardThe specification calls for the dimension of a certain mechanical part to be 0.55 inches. A random sample of 35 parts taken from a large batch showed a mean 0.54 in. with a deviation of 0.05 in. Can it be concluded, at 1% significance, that the batch of parts meets the required specification?arrow_forward
- A manufacturer produces a wire rope of a certain type, which has a breaking strength of not more than 300 kg. A new and cheaper process is discovered which is desired to be employed, provided that the wire rope thus produced has an average breaking strength greater than 300 kg. If a random sample of 26 wires produced with the new process has given a mean of 304.5 kg and a standard deviation of 15 kg, should the manufacturer adopt the new process?arrow_forwardWe are interested in whether the proportions of female suicide victims for ages 15 to 24 are the same between the white and the black races in the United States. We randomly pick one year to compare the races. The number of suicides estimated in the United States in that year for white females is 4,930. Five hundred eighty-three were aged 15 to 24. The estimate for black females is 330. Forty-one were aged 15 to 24. We will let female suicide victims be our population. (Use α = 0.05.) NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) Part (a) State the null hypothesis. ○ Ho: PW> PB O Ho: PW + PB Ho: Pw≤ PB Ho: PW-PB ○ Ho: Pw PB Part (c) In words, state what your random variable P'w-P'B represents. P'w-P'B represents the average difference of white and black female suicide victims, aged 15 to 24. ○ P'w-P'B…arrow_forwardplease solve this problem step by step and make it quick pleasearrow_forward
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