STATISTICAL TECHNIQUES FOR BUSINESS AND
STATISTICAL TECHNIQUES FOR BUSINESS AND
17th Edition
ISBN: 9781307261158
Author: Lind
Publisher: MCG/CREATE
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Chapter 8, Problem 44CE

a.

To determine

Find the standard error of the mean.

b.

To determine

Find the probability that the sample mean is between $3.78 and $3.86.

c.

To determine

Find the probability that the difference between the sample mean and the population mean is less than $0.01.

d.

To determine

Find the likelihood the sample mean is greater than $3.92.

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Consider the hypothesis test Ho: 0 s² = = 4.5; s² = 2.3. Use a = 0.01. = σ against H₁: 6 > σ2. Suppose that the sample sizes are n₁ = 20 and 2 = 8, and that (a) Test the hypothesis. Round your answers to two decimal places (e.g. 98.76). The test statistic is fo = 1.96 The critical value is f = 6.18 Conclusion: fail to reject the null hypothesis at a = 0.01. (b) Construct the confidence interval on 02/2/622 which can be used to test the hypothesis: (Round your answer to two decimal places (e.g. 98.76).) 035
Using the method of sections need help solving this please explain im stuck
Please solve 6.31 by using the method of sections im stuck and need explanation
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