Concept explainers
A sample of 50 lenses used in eyeglasses yields a sample
Test whether the true average thickness of such lenses is other than 3.20 or not.
Answer to Problem 57SE
There is sufficient evidence to suggest that the true average thickness of such lenses is something other than desire.
Explanation of Solution
Given info:
For checking the thickness of the lenses 50 samples were taken. The mean thickness of the sample is 3.05 mm. The standard deviation is 0.34. The desired true average thickness of the lenses is 3.2 mm.
Calculation:
Step 1: parameter of interest
Let
Step 2: Null hypothesis:
That is, the thickness of the lenses is 3.2 mm.
Step 3: Alternative hypothesis:
That is, the thickness of the lenses differs from 3.2 mm.
Step 4: Test statistic:
Software procedure:
Step by step procedure to obtain the test-statistic value using the MINITAB software:
- Choose Stat > Basic Statistics > 1-Sample Z.
- In Summarized data, enter the sample size as 50 and mean as 3.05
- In Standard deviation, enter 0.34
- In Perform hypothesis test, enter the test mean as 3.2
- Check Options; enter Confidence level as 95%.
- Choose not equal in alternative.
- Click OK in all dialogue boxes.
Output using the MINITAB software is given below:
From the MINITAB output, the test statistic value is –3.12.
Step 5: P-value:
From the output of step 3, the P-value is given by 0.0018.
Step 6: Decision:
If
If
Conclusion:
Here, the P-value is less than the level of significance.
That is,
By rejection rule, reject null hypothesis.
Step 7: Interpretation:
Thus, it can be concluded that there is sufficient evidence to support that the thickness of the lenses differs from 3.2 mm at 5% level of significance.
Want to see more full solutions like this?
Chapter 8 Solutions
EBK PROBABILITY AND STATISTICS FOR ENGI
- Negate the following compound statement using De Morgans's laws.arrow_forwardQuestion 6: Negate the following compound statements, using De Morgan's laws. A) If Alberta was under water entirely then there should be no fossil of mammals.arrow_forwardNegate the following compound statement using De Morgans's laws.arrow_forward
- Characterize (with proof) all connected graphs that contain no even cycles in terms oftheir blocks.arrow_forwardLet G be a connected graph that does not have P4 or C3 as an induced subgraph (i.e.,G is P4, C3 free). Prove that G is a complete bipartite grapharrow_forwardProve sufficiency of the condition for a graph to be bipartite that is, prove that if G hasno odd cycles then G is bipartite as follows:Assume that the statement is false and that G is an edge minimal counterexample. That is, Gsatisfies the conditions and is not bipartite but G − e is bipartite for any edge e. (Note thatthis is essentially induction, just using different terminology.) What does minimality say aboutconnectivity of G? Can G − e be disconnected? Explain why if there is an edge between twovertices in the same part of a bipartition of G − e then there is an odd cyclearrow_forward
- Let G be a connected graph that does not have P4 or C4 as an induced subgraph (i.e.,G is P4, C4 free). Prove that G has a vertex adjacent to all othersarrow_forwardWe consider a one-period market with the following properties: the current stock priceis S0 = 4. At time T = 1 year, the stock has either moved up to S1 = 8 (with probability0.7) or down towards S1 = 2 (with probability 0.3). We consider a call option on thisstock with maturity T = 1 and strike price K = 5. The interest rate on the money marketis 25% yearly.(a) Find the replicating portfolio (φ, ψ) corresponding to this call option.(b) Find the risk-neutral (no-arbitrage) price of this call option.(c) We now consider a put option with maturity T = 1 and strike price K = 3 onthe same market. Find the risk-neutral price of this put option. Reminder: A putoption gives you the right to sell the stock for the strike price K.1(d) An investor with initial capital X0 = 0 wants to invest on this market. He buysα shares of the stock (or sells them if α is negative) and buys β call options (orsells them is β is negative). He invests the cash balance on the money market (orborrows if the amount is…arrow_forwardDetermine if the two statements are equivalent using a truth tablearrow_forward
- Question 4: Determine if pair of statements A and B are equivalent or not, using truth table. A. (~qp)^~q в. р л~9arrow_forwardDetermine if the two statements are equalivalent using a truth tablearrow_forwardQuestion 3: p and q represent the following simple statements. p: Calgary is the capital of Alberta. A) Determine the value of each simple statement p and q. B) Then, without truth table, determine the va q: Alberta is a province of Canada. for each following compound statement below. pvq р^~q ~рл~q ~q→ p ~P~q Pq b~ (d~ ← b~) d~ (b~ v d) 0 4arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill