Statistics for People Who (Think They) Hate Statistics
Statistics for People Who (Think They) Hate Statistics
6th Edition
ISBN: 9781506333830
Author: Neil J. Salkind
Publisher: SAGE Publications, Inc
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Chapter 9, Problem 3TP
To determine

To explain: The critical value and its implication in statistics.

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The U.S. Bureau of Labor Statistics reports that 11.3% of U.S. workers belong to unions (BLS website, January 2014). Suppose a sample of 400 U.S. workers is collected in 2014 to determine whether union efforts to organize have increased union membership. a.  Formulate the hypotheses that can be used to determine whether union membership increased in 2014.H 0: p H a: p  b.  If the sample results show that 52 of the workers belonged to unions, what is the p-value for your hypothesis test (to 4 decimals)?
A company manages an electronic equipment store and has ordered 200200 LCD TVs for a special sale. The list price for each TV is ​$200200 with a trade discount series of 6 divided by 10 divided by 2.6/10/2. Find the net price of the order by using the net decimal equivalent.
According to flightstats.com, American Airlines flights from Dallas to Chicago are on time 80% of the time. Suppose 10 flights are randomly selected, and the number of on-time flights is recorded. (a) Explain why this is a binomial experiment. (b) Determine the values of n and p. (c) Find and interpret the probability that exactly 6 flights are on time. (d) Find and interpret the probability that fewer than 6 flights are on time. (e) Find and interpret the probability that at least 6 flights are on time. (f) Find and interpret the probability that between 4 and 6 flights, inclusive, are on time.
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