Basic Business Statistics, Student Value Edition (13th Edition)
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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Chapter 9, Problem 47PS

a.

To determine

Test whether there is evidence that the population mean cost is less than $3,297 , at 0.05 level of significance.

b.

To determine

Determine and interpret the p-value .

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See data attached. SoftBus Company sells PC equipment and customized software to small companies to help them manage their day-to-day business activities. Although SoftBus spends time with all customers to understand their needs, the customers are eventually on their own to use the equipment and software intelligently. To understand its customers better, SoftBus recently sent questionnaires to a large number of prospective customers. Key personnel—those who would be using the software—were asked to fill out the questionnaire. SoftBus received 82 usable responses, as shown in the file. You can assume that these employees represent a random sample of all of SoftBus's prospective customers. SoftBus believes it can afford to spend much less time with customers who own PCs and score at least 4 on PC Knowledge. Let's call these the "PC-savvy" customers. On the other hand, SoftBus believes it will have to spend a lot of time with customers who do not own a PC and score 2 or less on PC…
See data attached. SoftBus Company sells PC equipment and customized software to small companies to help them manage their day-to-day business activities. Although SoftBus spends time with all customers to understand their needs, the customers are eventually on their own to use the equipment and software intelligently. To understand its customers better, SoftBus recently sent questionnaires to a large number of prospective customers. Key personnel—those who would be using the software—were asked to fill out the questionnaire. SoftBus received 82 usable responses, as shown in the file. You can assume that these employees represent a random sample of all of SoftBus's prospective customers. SoftBus believes it can afford to spend much less time with customers who own PCs and score at least 4 on PC Knowledge. Let's call these the "PC-savvy" customers. On the other hand, SoftBus believes it will have to spend a lot of time with customers who do not own a PC and score 2 or less on PC…
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Chapter 9 Solutions

Basic Business Statistics, Student Value Edition (13th Edition)

Ch. 9 - Many consumer groups feel that U.S. Food and Drug...Ch. 9 - As a result of complaints from both students and...Ch. 9 - Prob. 13PSCh. 9 - The quality-control manager at a compact...Ch. 9 - Suppose that in Problem 9.14, the standard...Ch. 9 - A bottled water distributor wants to determine...Ch. 9 - Suppose that in Problem 9.16, the standard...Ch. 9 - If, In a sample of n=16 selected from a normal...Ch. 9 - In Problem 9.18, how many degrees of freedom does...Ch. 9 - In Problem 9.18, 9.19, what are the Critical...Ch. 9 - In, Problem 9.18, 9.19, and 9.20, what is your...Ch. 9 - If, in a sample of n=16 selected from a...Ch. 9 - If, in a sample of n=160 selected from a...Ch. 9 - You are the manager of a restaurant for a...Ch. 9 - A manufacturer of chocolate candies uses machines...Ch. 9 - Prob. 26PSCh. 9 - The U.S. Department of Transportation requires...Ch. 9 - The file FastFood contains the amount that a...Ch. 9 - An insurance company has the business objective of...Ch. 9 - The following data (in Drink) represent the amount...Ch. 9 - One of the major measures of the quality of...Ch. 9 - A manufacturing company produces steel housings...Ch. 9 - One operation of a steel mill is to cut pieces of...Ch. 9 - In Problem 3.69 on page 156, you were introduced...Ch. 9 - Prob. 35PSCh. 9 - In a one-tail hypothesis test where you reject H0...Ch. 9 - In Problem 9.36, what is your statistical decision...Ch. 9 - In a one-tail hypothesis test where you reject H0...Ch. 9 - In Problem 9.38, what is your statistical decision...Ch. 9 - In a one-tail hypothesis test where you reject H0...Ch. 9 - In Problem 9.40, what is your statistical decision...Ch. 9 - In a one-tail hypothesis test where you reject H0...Ch. 9 - In Problem 9.42, what is your statistical decision...Ch. 9 - In a one-tail hypothesis test where you reject H0...Ch. 9 - In Problem 9.44, what is your statistical decision...Ch. 9 - Prob. 46PSCh. 9 - Prob. 47PSCh. 9 - Prob. 48PSCh. 9 - You are the manager of a restaurant that delivers...Ch. 9 - A survey of nonprofit organizations showed that...Ch. 9 - Prob. 51PSCh. 9 - If, a random sample of 400 items, 88 are...Ch. 9 - In Problem 9.52, if the null hypothesis is that 20...Ch. 9 - In Problem 9.52 and 9.53, suppose you are testing...Ch. 9 - Prob. 55PSCh. 9 - The worldwide market share for the Mozilla Firefox...Ch. 9 - One of the issues facing organizations Is...Ch. 9 - Prob. 58PSCh. 9 - A cellphone provider has the business objective of...Ch. 9 - Prob. 60PSCh. 9 - What is the difference between a null hypothesis,...Ch. 9 - What is the difference between a Type I error and...Ch. 9 - What is meant by the power of a test?Ch. 9 - What is the difference between a one -tail test...Ch. 9 - What is meant by a p-value?Ch. 9 - How can a confidence interval estimate for the...Ch. 9 - What is the six-step critical value approach to...Ch. 9 - What is the five-step p-value approach to...Ch. 9 - In hypothesis testing, the common level of...Ch. 9 - Financial institutions utilize prediction models...Ch. 9 - Prob. 71PSCh. 9 - The owner of a speciality coffee shop wants to...Ch. 9 - An auditor for a government agency was assigned...Ch. 9 - A bank branch located in a commercial district of...Ch. 9 - Call centers today play an important role in...Ch. 9 - An important quality characteristic used by the...Ch. 9 - Studies conducted by the manufacturer of Boston...Ch. 9 - The manufacturer of Boston and Vermont asphalt...Ch. 9 - Referring to the results of problems 9.76 through...
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