Time Employed A human resources manager for a large company takes a random sample of 50 employees from the company database. She calculates the mean time that they have been employed. She records this value and then repeats the process: She takes another random sample of 50 names and calculates the mean employment time. After she has done this 1000 times, she makes a histogram of the mean employment times. Is this histogram a display of the population distribution, the distribution of a sample, or the sampling distribution of means?
Time Employed A human resources manager for a large company takes a random sample of 50 employees from the company database. She calculates the mean time that they have been employed. She records this value and then repeats the process: She takes another random sample of 50 names and calculates the mean employment time. After she has done this 1000 times, she makes a histogram of the mean employment times. Is this histogram a display of the population distribution, the distribution of a sample, or the sampling distribution of means?
Time Employed A human resources manager for a large company takes a random sample of 50 employees from the company database. She calculates the mean time that they have been employed. She records this value and then repeats the process: She takes another random sample of 50 names and calculates the mean employment time. After she has done this 1000 times, she makes a histogram of the mean employment times. Is this histogram a display of the population distribution, the distribution of a sample, or the sampling distribution of means?
Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
Find the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the
denominator = 50. A portion of the table of critical values of the F-distribution is provided.
Click the icon to view the partial table of critical values of the F-distribution.
What is the critical value?
(Round to two decimal places as needed.)
A retail store manager claims that the average daily sales of the store are $1,500.
You aim to test whether the actual average daily sales differ significantly from this claimed value.
You can provide your answer by inserting a text box and the answer must include:
Null hypothesis,
Alternative hypothesis,
Show answer (output table/summary table), and
Conclusion based on the P value.
Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers
Numerical answers in the yellow cells
University Calculus: Early Transcendentals (4th Edition)
Knowledge Booster
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.