Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 7, Problem 7.138ACI
a.
To determine
To state: The type-II error.
b.
To determine
To find: The value of β.
c.
To determine
To find: The power of the test.
d.
To determine
To find: The value of β and power for
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
our p value is .03 and you chose your α level to be .05. What kind of error could you be making?
a.
Type I error
b.
Type II error
c.
Type I and Type II error
d.
Neither errors
Find the value of “z sub alpha” z0.15 And for z0.02
Which EWMA chart below will yield ARL performance most close to that of cusum chart with k=1/2 and h=5?
a. L=2.814, lamda=0.10
b. L=2.615, lamda=0.05
c. L=2.998, lamda=0.25
d. L=3.054, lamda=0.40
e. L=2.962, lamda=0.20
Chapter 7 Solutions
Statistics for Business and Economics (13th Edition)
Ch. 7.2 - Which hypothesis, the null or the alternative, is...Ch. 7.2 - Which element of a test of hypothesis is used to...Ch. 7.2 - What is the level of significance of a test of...Ch. 7.2 - What is the difference between Type I and Type II...Ch. 7.2 - List the four possible results of the combinations...Ch. 7.2 - We reject the null hypothesis when the test...Ch. 7.2 - If you test a hypothesis and reject the null...Ch. 7.2 - For each of the following rejection regions,...Ch. 7.2 - Use the applet Hypothesis Test for a Mean to...Ch. 7.2 - Americans favorite sport. The Harris Poll...
Ch. 7.2 - Play Golf America program. The Professional Golf...Ch. 7.2 - Student loan default rate. The national student...Ch. 7.2 - A border protection avatar. The National Center...Ch. 7.2 - Calories in school lunches. A University of...Ch. 7.2 - Libor interest rate. The interest rate at which...Ch. 7.2 - Prob. 7.15ACICh. 7.2 - Authorizing computer users with palm prints....Ch. 7.2 - Jury trial outcomes. Sometimes, the outcome of a...Ch. 7.2 - Intrusion detection systems. The Journal of...Ch. 7.3 - Consider the test of H0: = 7. For each of the...Ch. 7.3 - If a hypothesis test were conducted using = .05,...Ch. 7.3 - For each and observed significance level...Ch. 7.3 - In a test of the hypothesis H0: = 50 versus H0: ...Ch. 7.3 - In a test of H0: = 100 against Ha: 100 the...Ch. 7.3 - In a test of the hypothesis H0: = 10 versus Ha: ...Ch. 7.3 - In a test of H0: = 100 against Ha: 100, the...Ch. 7.3 - In a test of H0: = 75 performed using the...Ch. 7.3 - An analyst tested the null hypothesis that 20...Ch. 7.4 - Consider the test H0: = 70 versus Ha: 70 using...Ch. 7.4 - Suppose you are interested in conducting the...Ch. 7.4 - A random sample of 100 observations from a...Ch. 7.4 - A random sample of 64 observations produced the...Ch. 7.4 - Use the applet Hypotheses Test for a Mean to...Ch. 7.4 - Use the applet Hypotheses Test for a Mean to...Ch. 7.4 - Use the applet Hypotheses Test for a Mean to...Ch. 7.4 - Corporate sustainability of CPA firms. Refer to...Ch. 7.4 - Packaging of a childrens health food. Can...Ch. 7.4 - Stability of compounds in new drugs. Refer to the...Ch. 7.4 - Facial structure of CEOs. Refer to the...Ch. 7.4 - Trading skills of institutional investors. The...Ch. 7.4 - Producers and consumers risk. In quality-control...Ch. 7.4 - Unethical corporate conduct. Refer to the...Ch. 7.4 - Time required to complete a task. When a person is...Ch. 7.4 - Tipping points in daily deal transactions. Refer...Ch. 7.4 - Point spreads of NFL games. During the National...Ch. 7.4 - Revenue for a full-service funeral. According to...Ch. 7.4 - Buy-side vs. sell-side analysts earnings...Ch. 7.4 - Solder-joint inspections. Current technology uses...Ch. 7.4 - Prob. 7.45ACACh. 7.4 - Salaries of postgraduates. The Economics of...Ch. 7.5 - a. Consider testing H0: = 80. Under what...Ch. 7.5 - For each of the following rejection regions,...Ch. 7.5 - A random sample of n observations is selected from...Ch. 7.5 - A sample of five measurements, randomly selected...Ch. 7.5 - Suppose you conduct a 1-test for the null...Ch. 7.5 - Performance-based logistics. Refer to the Journal...Ch. 7.5 - Accidents at construction sites. In a study...Ch. 7.5 - Lobster trap placement. Refer to the Bulletin of...Ch. 7.5 - Radon exposure in Egyptian tombs. Refer to the...Ch. 7.5 - Performance of stock screeners. Recall, from...Ch. 7.5 - Oxygen bubble velocity in a purification process....Ch. 7.5 - Shopping vehicle and judgment. Refer to the...Ch. 7.5 - Minimizing tractor skidding distance. Refer to the...Ch. 7.5 - Crude oil biodegradation. Refer to the Journal of...Ch. 7.5 - Increasing hardness of polyester composites....Ch. 7.5 - Arsenic in smelters. The Occupational Safety and...Ch. 7.6 - Suppose a random sample of 100 observations from a...Ch. 7.6 - Suppose the sample in Exercise 7.64 has produced...Ch. 7.6 - A statistics student used a computer program to...Ch. 7.6 - Refer to Exercise 6.441 (p. 332), in which 50...Ch. 7.6 - For the binomial sample sizes and null...Ch. 7.6 - Use the applet Hypotheses Test for a Proportion to...Ch. 7.6 - Use the applet Hypotheses Test for a Proportion to...Ch. 7.6 - Customer participation in store loyalty card...Ch. 7.6 - Fraud survey of Asia-Pacific firms. The opinions...Ch. 7.6 - TV subscription streaming. Streaming of television...Ch. 7.6 - Gummi Bears: Red or yellow? Companies that produce...Ch. 7.6 - Toothpaste brands with the ADA seal. Consumer...Ch. 7.6 - Vacation-home owners. The National Association of...Ch. 7.6 - Organic-certified coffee. Coffee markets that...Ch. 7.6 - Dehorning of dairy calves. For safety reasons,...Ch. 7.6 - Effectiveness of skin cream. Ponds Age-Defying...Ch. 7.6 - Prob. 7.78ACICh. 7.6 - Prob. 7.79ACICh. 7.6 - Prob. 7.80ACACh. 7.6 - Prob. 7.81ACACh. 7.7 - Let X02 be a particular value of X2 Find the value...Ch. 7.7 - A random sample of n observations is selected from...Ch. 7.7 - A random sample of seven measurements gave x=9.4...Ch. 7.7 - Refer to Exercise 7.841. Suppose we had n = 100,...Ch. 7.7 - A random sample of n = 7 observations from a...Ch. 7.7 - Trading skills of institutional investors. Refer...Ch. 7.7 - Lobster trap placement. Refer to the Bulletin of...Ch. 7.7 - Prob. 7.89ACBCh. 7.7 - Oil content of fried sweet potato chips. Refer to...Ch. 7.7 - Strand bond performance of pre-stressed concrete....Ch. 7.7 - Drug content assessment. Refer to the Analytical...Ch. 7.7 - Jitter in a water power system. Refer to the...Ch. 7.7 - Cooling method for gas turbines. During periods of...Ch. 7.7 - Why do small firms export? The Journal of Small...Ch. 7.8 - a. List three factors that will increase the power...Ch. 7.8 - Prob. 7.97LMCh. 7.8 - Prob. 7.98LMCh. 7.8 - Prob. 7.99LMCh. 7.8 - Refer to Exercise 7.99. a. Find for each of the...Ch. 7.8 - Prob. 7.101LMCh. 7.8 - Prob. 7.102ACICh. 7.8 - Prob. 7.103ACICh. 7.8 - Prob. 7.104ACICh. 7.8 - Prob. 7.105ACICh. 7.8 - Prob. 7.106ACICh. 7.8 - Prob. 7.107ACICh. 7 - Specify the differences between a large-sample and...Ch. 7 - Complete the following statement; The smaller the...Ch. 7 - Which of the elements of a test of hypothesis can...Ch. 7 - If you select a very small value for when...Ch. 7 - If the rejection of the null hypothesis of a...Ch. 7 - A random sample of 20 observations selected from a...Ch. 7 - A random sample of 175 measurements possessed a...Ch. 7 - A random sample of n = 200 observations from a...Ch. 7 - A t-test is conducted for the null hypothesis H0 :...Ch. 7 - A random sample of 41 observations from a normal...Ch. 7 - Effectiveness of online courses. The Survey of...Ch. 7 - Prob. 7.119ACBCh. 7 - Latex allergy in health care workers. Refer to the...Ch. 7 - Latex allergy in health care workers (contd)....Ch. 7 - Made in the USA survey. Refer to the Journal of...Ch. 7 - Beta value of a stock. The beta coefficient of a...Ch. 7 - Accuracy of price scanners at Walmart. Refer to...Ch. 7 - Paying for music downloads. If you use the...Ch. 7 - Prob. 7.126ACBCh. 7 - Prob. 7.127ACBCh. 7 - Prob. 7.128ACICh. 7 - Prob. 7.129ACICh. 7 - Drivers use of the Lincoln Tunnel. The Lincoln...Ch. 7 - Prob. 7.131ACICh. 7 - Prob. 7.132ACICh. 7 - Prob. 7.133ACICh. 7 - Prob. 7.134ACICh. 7 - Prob. 7.135ACICh. 7 - Prob. 7.136ACICh. 7 - Prob. 7.137ACICh. 7 - Prob. 7.138ACICh. 7 - Prob. 7.139ACICh. 7 - Prob. 7.140ACICh. 7 - Prob. 7.141ACICh. 7 - Prob. 7.142ACICh. 7 - Prob. 7.143ACICh. 7 - Ages of cable TV shoppers. Cable TVs Home Shopping...Ch. 7 - Factors that inhibit learning in marketing. What...Ch. 7 - Prob. 7.146ACACh. 7 - The hot tamale caper. Hot tamales are chewy,...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Spacers are manufactured to the mean dimension and tolerance shown in Figure 29-12. An inspector measures 10 spacers and records the following thicknesses: 0.372" 0.376" 0.379" 0.375" 0.370" 0.373" 0.377" 0.378" 0.371" 0.380" Which spacers are defective (above the maximum limit or below the minimum limit)? All dimensions are in inches.arrow_forwardFind the mean hourly cost when the cell phone described above is used for 240 minutes.arrow_forwardPlease circle your answers. Thank you in advanced!arrow_forward
- 1.56 Longleaf pine trees. The Wade Tract in Thomas County, Georgia, is an old-growth forest of longleaf pine trees (Pinus palustris) that has survived in a relatively undisturbed state since before the settlement of the area by Europeans. A study collected data on 584 of these trees. One of the variables measured was the diameter at breast height (DBH). This is the diameter of the tree at 4.5 feet, and the units are centimeters (cm). Only trees with DBH greater than 1.5 cm were sampled. Here are the diameters of a random sample of 40 of these trees: PINES 27 10.5 13.3 26.0 18.3 52.2 9.2 26.1 17.6 40.5 31.8 47.2 11.4 2.7 69.3 44.4 16.9 35.7 5.4 44.2 2.2 4.3 7.8 38.1 2.2 11.4 51.5 4.9 39.7 32.6 51.8 43.6 2.3 44.6 31.5 40.3 22.3 43.3 37.5 29.1 27.9 (a) Find the five-number summary for these data. (b) Make a boxplot. (c) Make a histogram. (d) Write a short summary of the major features of this distribution. Do you prefer the boxplot or the histogram for these data?arrow_forwardThe acceptable level for insect filth in a certain food item is 5 insect fragments (larvae, eggs, body parts, and so on) per 10 grams. A simple random sample of 50 ten-gram portions of the food item is obtained and results in a sample mean of x = 5.3 insect fragments per ten-gram portion. Complete parts (a) through (c) below. H = 5 (Round to three decimal places as needed.). o: = 0.316 (Round to three decimal places as needed.) (c) What is the probability a simple random sample of 50 ten-gram portions of the food item results in a mean of at least 5.3 insect fragments? P(x2 5.3) = (Round to four decimal places as needed.)arrow_forwardIn a population with o = 6, a score of X = 48 corresponds to z = 1.25. The mean for this population is u =arrow_forward
- Exhibit 10-11An insurance company selected samples of clients under 18 years of age and over 18 and recorded the number of accidents they had in the previous year. The results are shown below. Under Age 18 Over Age 18 n1 = 500 n2 = 600 Number of accidents = 180 Number of accidents = 150 We are interested in determining if the accident proportions differ between the two age groups. Refer to Exhibit 10.11. The p-value is _____. less than .001 more than .10 .0228 .3arrow_forwardA sociologist wants to determine if the life expectancy of people in Africa is less than the life expectancy of people in Asia. The data obtained is shown in the table below. Africa Asia = 63.3 yr. 1 X,=65.2 yr. 2 o, = 9.1 yr. = 7.3 yr. n1 = 120 = 150arrow_forwardWhat percentage of women that did not receive the treatment showed hair growth of 1-2 inches? Answer: Blank 1: Blank 2: Blank 3: Blank 4: Chp -> & #3 $4 9. 8 6. 3 4. y earrow_forward
- = The table available below shows the costs per mile (in cents) for a sample of automobiles. At α = 0.01, can you conclude that at least one mean cost per mile is different from the others? Click on the icon to view the data table. Let μss, HMS, HLS, Hsuv and μMy represent the mean costs per mile for small sedans, medium sedans, large sedans, SUV 4WDs, and minivans respectively. What are the hypotheses for this test? A. Ho: Hss HMS PLS SUV HMV H₂: Not all the means are equal. B. Ho: Hss HMS = μLS="SUV HMV Ha: Hss HMS HLS #μSUV HMV C. Ho: Not all the means are equal. Ha: ss = μms = μLS = μSUV="MV D. Ho: Hss #HMS # μLS #HSUV # HMV Ha: Hss HMS = μLS="SUV =HMV What is the test statistic? FSTAT= 32.33 (Round to two decimal places as needed.) What is the P-value? P-value= (Round to three decimal places as needed.)arrow_forwardAn experiment was conducted to determine the effect of type of fertilizer on the growth of a certain plant. Three types of fertilizers were tried. The data for growth of the plants (cm) measured after 3 months from the date of seedling is given 1 12.4 13.1 11.1 12.2 11.3 12.1 Type of fertilizer 2 16.1 16.4 17.2 16.6 17.1 16.8 3 31.5 30.4 31.6 32.1 31.8 30.9 Dr. Asieh Abtahl-Faculty of Mathematics and Statistics - Islamic Azad University of Shiraz-Iran (a) Determine the response variable, factors (kind of factor), level, number of treatments, number of replications, number of experiments. (b) Determine the type of design experiment. (c) Write the model of design experiment. (e) Test whether the type of fertilizer has an effect on the growth of the plants. Use α = 0.05. (f) Construct a 99 percent confidence interval estimate of the mean response for fertilizer 2 (g) Which fertilizer have different effect? h- Use Tukey's test to compare pairs of treatment means. Use α = 0.01.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Mathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Mathematics For Machine Technology
Advanced Math
ISBN:9781337798310
Author:Peterson, John.
Publisher:Cengage Learning,
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License