Essentials of Statistics for Business and Economics
Essentials of Statistics for Business and Economics
9th Edition
ISBN: 9780357118191
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: Cengage Learning US
bartleby

Concept explainers

bartleby

Videos

Textbook Question
100%
Book Icon
Chapter 9, Problem 65SE

Scholarship Examination Scores. At Western University the historical mean of scholarship examination scores for freshman applications is 900. A historical population standard deviation σ = 180 is assumed known. Each year, the assistant dean uses a sample of applications to determine whether the mean examination score for the new freshman applications has changed.

  1. a. State the hypotheses.
  2. b. What is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean x ¯ = 935 ?
  3. c. Use the confidence interval to conduct a hypothesis test. Using α = .05, what is your conclusion?
  4. d. What is the p-value?
Blurred answer
Students have asked these similar questions
A major company in the Montreal area, offering a range of engineering services from project preparation to construction execution, and industrial project management, wants to ensure that the individuals who are responsible for project cost estimation and bid preparation demonstrate a certain uniformity in their estimates. The head of civil engineering and municipal services decided to structure an experimental plan to detect if there could be significant differences in project evaluation. Seven projects were selected, each of which had to be evaluated by each of the two estimators, with the order of the projects submitted being random. The obtained estimates are presented in the table below.   a) Complete the table above by calculating: i. The differences (A-B) ii. The sum of the differences iii. The mean of the differences iv. The standard deviation of the differences b) What is the value of the t-statistic? c) What is the critical t-value for this test at a significance level of 1%?…
Compute the relative risk of falling for the two groups (did not stop walking vs. did stop).  State/interpret your result verbally.
Microsoft Excel include formulas

Chapter 9 Solutions

Essentials of Statistics for Business and Economics

Ch. 9.3 - Consider the following hypothesis test: A sample...Ch. 9.3 - Consider the following hypothesis test: A sample...Ch. 9.3 - Consider the following hypothesis test: H0:50Ha:50...Ch. 9.3 - Prob. 14ECh. 9.3 - Federal Tax Returns. According to the IRS,...Ch. 9.3 - Credit Card Use by Undergraduates. In a study...Ch. 9.3 - Use of Texting. TextRequest reports that adults...Ch. 9.3 - CPA Work Hours. The American Institute of...Ch. 9.3 - Length of Calls to the IRS. According to the IRS,...Ch. 9.3 - Prescription Drug Costs. Annual expenditure for...Ch. 9.3 - Cost of Telephone Surveys. Fowle Marketing...Ch. 9.3 - Time in Supermarket Checkout Lines. CCN and...Ch. 9.4 - Consider the following hypothesis test: H0:12Ha:12...Ch. 9.4 - Consider the following hypothesis test: A sample...Ch. 9.4 - Consider the following hypothesis test: H0:45Ha:45...Ch. 9.4 - Consider the following hypothesis test: A sample...Ch. 9.4 - Price of Good Red Wine. According to the Vivino...Ch. 9.4 - CEO Tenure. A shareholders’ group, in lodging a...Ch. 9.4 - Cost of Residential Water. On its municipal...Ch. 9.4 - Prob. 30ECh. 9.4 - Chocolate Consumption. The United States ranks...Ch. 9.4 - Used Car Prices. According to the National...Ch. 9.4 - Automobile Insurance Premiums. The Onsure.com...Ch. 9.4 - Prob. 34ECh. 9.5 - Consider the following hypothesis test:...Ch. 9.5 - Consider the following hypothesis test: A sample...Ch. 9.5 - Union Membership. The U.S. Bureau of Labor...Ch. 9.5 - Attitudes toward Supermarket Brands. A study by...Ch. 9.5 - Population Mobility. What percentage of the...Ch. 9.5 - Holiday Gifts from Employers. Last year, 46% of...Ch. 9.5 - Adequate Preparation for Retirement. In 2018, RAND...Ch. 9.5 - Returned Merchandise. According to the University...Ch. 9.5 - Coupon Usage. Eagle Outfitters is a chain of...Ch. 9.5 - Malpractice Suits. One of the reasons health care...Ch. 9.5 - Bullish, Neutral, or Bearish. The American...Ch. 9.7 - Consider the following hypothesis test. H0:10Ha:10...Ch. 9.7 - Consider the following hypothesis test. A sample...Ch. 9.7 - Prob. 48ECh. 9.7 - Miles per Gallon. A consumer research group is...Ch. 9.7 - Age of Magazine Subscribers. Young Adult magazine...Ch. 9.7 - Length of Telephone Surveys. Refer to exercise 48....Ch. 9.7 - Employee Participation in Investment Plans. Sparr...Ch. 9.8 - Consider the following hypothesis test. H0:10Ha:10...Ch. 9.8 - Consider the following hypothesis test....Ch. 9.8 - Underfilling Packages of Coffee. Suppose the...Ch. 9.8 - Battery Life. A special industrial battery must...Ch. 9.8 - Mean Age of Magazine Subscribers. Young Adult...Ch. 9.8 - Automobile Mileage. An automobile mileage study...Ch. 9.9 - Governmental Use of email. The Federal Government...Ch. 9.9 - CEOs and Social Networks. CEOs who belong to a...Ch. 9.9 - French Fry Purchases. The American Potato Growers...Ch. 9.9 - Prob. 63ECh. 9 - Production Line Fill Weights. A production line...Ch. 9 - Scholarship Examination Scores. At Western...Ch. 9 - Exposure to Background Television. CNN reports...Ch. 9 - Starting Salaries for Business Graduates. Michigan...Ch. 9 - British Men’s Age at Marriage. Data from the...Ch. 9 - Wages of Workers Without High School Diploma....Ch. 9 - Residential Property Values. The chamber of...Ch. 9 - Length of Time to Sell a Home. According to the...Ch. 9 - Sleeping on Flights. According to Expedia, 52% of...Ch. 9 - Using Laptops on Flights. An airline promotion to...Ch. 9 - Millennial Dependency on Parents. Members of the...Ch. 9 - Using Social Media in a Job Search. According to...Ch. 9 - Hotel Availability Over Holiday Weekend. A radio...Ch. 9 - Vegetarianism in the United States. Vegetarians...Ch. 9 - Construction Worker Idle Time. Shorney...Ch. 9 - Federal Funding for Neighborhood Projects. A...Ch. 9 - Soap Production Process. H0: m = 120 and Ha: μ ≠...Ch. 9 - Time Spent Channel Surfing. According to...Ch. 9 - Potato Chip Quality Control. NDC Technology’s...Ch. 9 - TSA Security Line Wait Times. According to the...Ch. 9 - Quality Associates, Inc. Quality Associates, Inc.,...Ch. 9 - Case problem 2 Ethical Behavior of Business...
Knowledge Booster
Background pattern image
Statistics
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
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
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