problem library

Conventionally, the null hypothesis is false if the probability value is: a. Greater than 0.05 b. Less than 0.05 c. Greater than 0.95 d. Less than 0.95 b. Less than 0.05 This is standard in hypothesis testing using p = 0.05

A professor assumed there was a correlation between the amount of hours people were expose to sunlight and their blood vitamin D level. The null hypothesis was that the population correlation was__ a. Positive 1.0 b. Negative 1.0 c. Zero d. Positive 0.50 c. Zero Reason: Since the professor...

A researcher believed that there was a difference in the amount of time boys and girls at 7th grade studied by using a two-tailed t test. Which of the following is the null hypothesis? a. Mean of hours that boys studied per day was equal to mean of hours that girls studied per day b. Mean of...

A Government antipollution spokeperson asserts that more than 80% of the plants in the Glassboro area meet the antipollution standards. An antipollution advocate does not believe the government claim. She takes a random sample of published data on pollution emission for 64 plants in the area and...

A firm wants to know with a 98% level of confidence if it can claim that the boxes of detergent it sells contain more than 500g of detergent. From past experience the firm knows that the amount of detergent in the boxes is normally distributed. The firm takes a random sample of n =25 and finds...

Suppose a firm producing light bulbs wants to know if it can claim that its light bulbs it produces last 1,000 burning hours (u). To do this, the firm takes a random sample of 100 bulbs and find its average life time (X=980 hrs) and the sample standard deviation s = 80 hrs. If the firm wants to...

The NJ state education department finds that in a random sample of 100 persons who attended college, 40 received a college degree. What's the 95% confidence interval for the proportion of college graduates out of all the persons who attended college? Proportion Confidence Interval Test 0.304 <...

A random sample of n = 10 flash light batteries with a mean operating life X=5 hr. And a sample standard deviation S = 1 hr. is picked from a production line known to produce batteries with normally distributed operating lives. What's the 98% confidence interval for the unknown mean of the...

A random sample of 144 with a mean of 100 and a standard deviation of 70 is known from a population of 1,000. What is the 95% confidence interval for the unknown population? Large Sample Confidence Interval Mean Test 88.5667 < u < 111.4333

Suppose that the manager of the Commerce Bank at Glassboro determines that 40% of all depositors have a multiple accounts at the bank. If you, as a branch manager, select a random sample of 200 depositors, what is the probability that the sample proportion of depositors with multiple accounts is...

A candidate for mayor wants to gauge potential voter reaction to an increase recreational services by estimating the proportion of voter who now use city services. If we assume that 50% of the voters require city recreational services, what is the probability that 40% or fewer voters in a sample...

A financial analyst computed the ROI for all companies listed on the NYSE. She found that the mean of this distribution was 10% with standard deviation of 5%. She is interested in examining further those companies whose ROI is between 14% and 16% of the approximately 1,500 companies listed on...

The hourly wages of employees at Rowan have a mean wage rate of $10 per hour with a standard deviation of $1.20. What is the probability the mean hourly wage of a random sample of 36 employees will be larger than $10.50? Assume the company has a total of 1,000 employees Using our normal...

It is estimated that weekly demand for gasoline at new station is normally distributed, with an average of 1,000 and standard deviation of 50 gallons. The station will be supplied with gasoline once a week. What must the capacity of its tank be if the probability that its supply will be...

An analysis of the final test scores for Managerial Decision Making Tools reveals the scores follow the normal probability distribution. The mean of the distribution is 75 and the standard deviation is 8. The instructor wants to award an "A" to students whose score is in the highest 10 percent...

Customers arrive at the claims counter at the rate of 20 per hour (Poisson distributed). What is the probability that the arrival time between consecutive customers is less than five minutes? Use the exponential distribution 20 per 60 minutes is 1 every 3 minutes 1/&lambda; = 3 so &lambda; =...

Suppose that previously collected traffic data indicate that, during the afternoon rush hour, an average of 4 cars arrive at a toll bridge each second. If it is assumed that cars arrive randomly, and can thus be modeled with Poisson distribution, what is the probability that in the next second...

Eighty percent of the employees at Rowan University have their biweekly Wages deposit directly to their bank by electronic deposit program. Suppose we select a random samples of 8 employees. What is the probability that three of the eight (8) sampled employees use direct deposit program? Use...

Consider the case of a manufacturer who has an automatic machine that produces an important part. Past records indicate that at the beginning of the data the machine is set up correctly 70 percent of the time. Past experience also shows that if the machine is set up correctly it will produce...

Consider a firm that has two assembly lines, 1 and 2, both producing calculator. Assume that you have purchased a calculator and it turns out to be defective. And the line 1 produces 60% of all calculators produced. L1: event that the calculator is produced on line 1 L2: event that the...