Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card
13th Edition
ISBN: 9781337148092
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Textbook Question
Chapter 9.6, Problem 52E
Refer to exercise 48. Assume the firm selects a sample of 50 surveys and repeat parts (b) and (c). What observation can you make about how increasing the
48. Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed within 15 minutes or less. If more time is required, a premium rate is charged. With a sample of 35 surveys, a population standard deviation of 4 minutes, and a level of significance of .01, the sample mean will be used to test the null hypothesis H0: μ ≤ 15.
- a. What is your interpretation of the Type II error for this problem? What is its impact on the firm?
- b. What is the probability of making a Type II error when the actual mean time is μ = 17 minutes?
- c. What is the probability of making a Type II error when the actual mean time is μ = 18 minutes?
- d. Sketch the general shape of the power curve for this test.
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3. Please
What does the margin of error include? When a margin of error is reported for a survey, it includes
a. random sampling error and other practical difficulties like undercoverage and non-response
b. random sampling error, but not other practical difficulties like undercoverage and nonresponse
c. practical difficulties like undercoverage and nonresponse, but not random smapling error
d. none of the above is corret
solve part a on paper
Chapter 9 Solutions
Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card
Ch. 9.1 - The manager of the Danvers-Hilton Resort Hotel...Ch. 9.1 - The manager of an automobile dealership is...Ch. 9.1 - A production line operation is designed to fill...Ch. 9.1 - Because of high production-changeover time and...Ch. 9.2 - Duke Energy reported that the cost of electricity...Ch. 9.2 - The label on a 3-quart container of orange juice...Ch. 9.2 - Carpetland salespersons average 8000 per week in...Ch. 9.2 - Suppose a new production method will be...Ch. 9.3 - consider the following hypothesis test: H0: 20...Ch. 9.3 - Consider the following hypothesis test: H0: 25...
Ch. 9.3 - Consider the following hypothesis test: H0: = 15...Ch. 9.3 - Consider the following hypothesis test: H0: 80...Ch. 9.3 - Consider the following hypothesis test: H0: 50...Ch. 9.3 - Consider the following hypothesis test: H0: = 22...Ch. 9.3 - Individuals filing federal income tax returns...Ch. 9.3 - In a study entitled How Undergraduate Students Use...Ch. 9.3 - The mean hourly wage for employees in...Ch. 9.3 - Young millennials, adults aged 18 to 34, are...Ch. 9.3 - The Internal Revenue Service (IRS) provides a...Ch. 9.3 - Annual expenditure for prescription drugs was 838...Ch. 9.3 - Fowle Marketing Research, Inc., bases charges to a...Ch. 9.3 - CCN and ActMedia provided a television channel...Ch. 9.4 - Consider the following hypothesis test: H0: 12...Ch. 9.4 - Consider the following hypothesis test: H0: = 18...Ch. 9.4 - Consider the following hypothesis test: H0: 45...Ch. 9.4 - Consider the following hypothesis test: H0: = 100...Ch. 9.4 - Which is cheaper: eating out or dining in? The...Ch. 9.4 - A shareholders group, in lodging a protest,...Ch. 9.4 - The national mean annual salary for a school...Ch. 9.4 - The time married men with children spend on child...Ch. 9.4 - The Coca-Cola Company reported that the mean per...Ch. 9.4 - According to the National Automobile Dealers...Ch. 9.4 - The mean annual premium for automobile insurance...Ch. 9.4 - Joans Nursery specializes in custom-designed...Ch. 9.5 - Consider the following hypothesis test: H0: p =...Ch. 9.5 - Consider the following hypothesis test: H0: p .75...Ch. 9.5 - The U.S. Bureau of Labor Statistics reports that...Ch. 9.5 - A study by Consumer Reports showed that 64% of...Ch. 9.5 - What percentage of the population live in their...Ch. 9.5 - Last year, 46% of business owners gave a holiday...Ch. 9.5 - Ten years ago 53% of American families owned...Ch. 9.5 - According to the University of Nevada Center for...Ch. 9.5 - Eagle Outfitters is a chain of stores specializing...Ch. 9.5 - One of the reasons health care costs have been...Ch. 9.5 - The American Association of Individual Investors...Ch. 9.6 - consider the following hypothesis test. H0: 10...Ch. 9.6 - Consider the following hypothesis test. H0: = 20...Ch. 9.6 - Fowle Marketing Research, Inc., bases charges to a...Ch. 9.6 - A consumer research group is interested in testing...Ch. 9.6 - Young Adult magazine states the following...Ch. 9.6 - Refer to exercise 48. Assume the firm selects a...Ch. 9.6 - Sparr Investments, Inc., specializes in...Ch. 9.7 - Consider the following hypothesis test. H0: 10...Ch. 9.7 - Consider the following hypothesis test. H0: = 20...Ch. 9.7 - Suppose the project director for the Hilltop...Ch. 9.7 - A special industrial battery must have a life of...Ch. 9.7 - Young Adult magazine states the following...Ch. 9.7 - An automobile mileage study tested the following...Ch. 9 - A production line operates with a mean filling...Ch. 9 - At Western University the historical mean of...Ch. 9 - Young children in the United States are exposed to...Ch. 9 - The Wall Street Journal reported that bachelors...Ch. 9 - Data from the Office for National Statistics show...Ch. 9 - A recent issue of the AARP Bulletin reported that...Ch. 9 - The chamber of commerce of a Florida Gulf coast...Ch. 9 - In Hamilton County, Ohio, the mean number of days...Ch. 9 - On December 25, 2009, an airline passenger was...Ch. 9 - An airline promotion to business travelers is...Ch. 9 - Members of the millennial generation are...Ch. 9 - The unemployment rate for 18- to 34-year-olds was...Ch. 9 - A radio station in Myrtle Beach announced that at...Ch. 9 - In recent years more people have been working past...Ch. 9 - Shorney Construction Company bids on projects...Ch. 9 - A federal funding program is available to...Ch. 9 - H0: = 120 and Ha: 120 are used to test whether...Ch. 9 - Quality Associates, Inc. Quality Associates, Inc.,...Ch. 9 - Ethical Behavior of Business Students at Bayview...
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