Toll Brothers is a luxury home builder that would like to test the hypothesis that the...
Toll Brothers is a luxury home builder that would like to test the hypothesis that the average size of new homes exceeds 2,400 square feet. A random sample of 36 newly constructed homes had an average of 2,510 square feet. Assume that the standard deviation of the size for all newly constructed homes is 480 square feet. Toll Brothers would like to set a=0.02. Use critical sample mean approach to test this hypothesis.
Homework Answers
Add Answer to:
Toll Brothers is a luxury home builder that would like to test
the hypothesis that the...
Please answer each and every step and do all the calculations and steps in answer ....
Please answer each and every step and do all the calculations and steps in answer . (3 points) 3. In Amazon the average price of a N95 50 pcs bundle is $ 75. It follows a normal distribution. The probability that the price is between 55 and 60 is 4.41% and that the probability that it is greater than 90 is 6.68%. The middle 95.46% will be between what prices? (4 points) 4. Coquitlam Builders is a medium size home...
Question 6 1.25 pts The Department of Housing and Urban Development (HUD) would like to test...
Question 6 1.25 pts The Department of Housing and Urban Development (HUD) would like to test the hypothesis that the average size of a newly constructed house last year is different from the average size of a newly constructed house in 2000. The following data summarizes the sample statistics for house sizes, in square feet, for both years. Assume that the population variances are known. 2000 Last Year 2,290 2,460 Sample mean Sample size Population standard deviation 18 18 250...
Question 7 (5 points) The National Association of Realtors would like to test the hypothesis that...
Question 7 (5 points) The National Association of Realtors would like to test the hypothesis that 26% of home buyers in the state of Florida are foreigners in 2012. A random sample of 110 home buyers was selected and the number of foreigners was counted. Assume that the true proportion of home buyers that are foreigners is 0.216. Using α = 0.10, beta equals ________. Question 7 options: 0.8615 0.7222 0.5012 0.2273 Question 8 (5 points) The critical value for...
Sony would like to test the hypothesis that the average age of a PlayStation user is...
Sony would like to test the hypothesis that the average age of a PlayStation user is different from the average age of an Xbox user. A random sample of 36 PlayStation users had an average age of 34.2 years while a random sample of 30 Xbox users had an average age of 32.7 years. Assume that the population standard deviation for the age of PlayStation and Xbox users is 3.9 and 4.0 years, respectively. Sony would like to set α...
A company would like to test the hypothesis that the average length of an online video...
A company would like to test the hypothesis that the average length of an online video watched by a user is more than 8 minutes. A random sample of 37 people watched online videos that averaged 8.7 minutes in length. It is believed that the population standard deviation for the length of online videos is 2.5 minutes. YouTube would like to set α = 0.02. The conclusion for this hypothesis test would be that because the test statistic is _____________________. more...
Problem 1: Medicare would like to test the hypothesis that the average monthly rate for one-bedroom...
Problem 1: Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility is equal to $3,300. A random sample of 12 assisted-living facilities had an average rate of $3,690 per month. The standard deviation for this sample was $530. Medicare would like to set α = 0.05. The correct hypothesis statement for this hypothesis test would be H0: μ ≥ $3,300; H1: μ < $3,300. H0: μ = $3,300; H1: μ ≠ $3,300. H0:...
Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility...
Medicare would like to test the hypothesis that the average monthly rate for one-bedroom assisted-living facility is equal to $3,300. A random sample of 12 assisted-living facilities had an average rate of $3,690 per month. The standard deviation for this sample was $530. Medicare would like to set α = 0.05. The p-value for this hypothesis test would be between Options: 0.01 and 0.02 0.02 and 0.05 0.05 and 0.10 0.10 and 0.20
Breyers is a major producer of ice cream and would like to test the hypothesis that...
Breyers is a major producer of ice cream and would like to test the hypothesis that the average American consumes more than 17 ounces if ice cream per month. A random sample of 15 Americans was found to consume an average of 18.2 ounces of ice cream last month. The standard deviation for this sample was 3.9 ounces. Breyers would like to set α = 0.10. The critical sample mean for this hypothesis test would be Options: 17.07 17.46 17.90...
The Department of Education would like to test the hypothesis that the average debt load of...
The Department of Education would like to test the hypothesis that the average debt load of graduating students with a Bachelor's degree is equal to $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The Department of Education would like to set α = 0.05. The critical sample means for this hypothesis test would be Question options: $14,118.9, $19,881.2 $14,839.1, $19,160.9...
Sony would like to test the hypothesis that the average age of a PlayStation user is...
Sony would like to test the hypothesis that the average age of a PlayStation user is different from the average age of an Xbox user. A random sample of 36 PlayStation users had an average age of 34.2 years while a random sample of 30 Xbox users had an average age of 32.7 years. Assume that the population standard deviation for the age of PlayStation and Xbox users is 3.9 and 4.0 years, respectively. Sony would like to set α...
Question 6 1.25 pts The Department of Housing and Urban Development (HUD) would like to test the hypothesis that the average size of a newly constructed house last year is different from the average size of a newly constructed house in 2000. The following data summarizes the sample statistics for house sizes, in square feet, for both years. Assume that the population variances are known. 2000 Last Year 2,290 2,460 Sample mean Sample size Population standard deviation 18 18 250...
Most questions answered within 3 hours.
-
Part 1. Primitive Types, Sorting, Recursion for
Homework.java
a) Implement the static method initializeArray that receives...
asked 38 minutes ago -
Using C++, build a sorter that can rank a sequence of numbers in
a descending order....
asked 35 minutes ago -
Derive ground state term symbols. Use notation 2S(1/2) for state
2S1/2
a) d5
b) f3
c)...
asked 58 minutes ago -
A sample of size 31 will be drawn from a population with mean 39
and standard...
asked 1 hour ago -
What is the effect on the P-value when a test is changed from a
two-tailed hypothesis...
asked 1 hour ago -
I wish to estimate µ, the mean of a population. After I collect
and an-
alyze...
asked 2 hours ago -
At a local university, you poll a group of 115 students and find
that 37 of...
asked 1 hour ago -
Gladstone company tracks the number of units purchased and sold
throughout each accounting period but applies...
asked 1 hour ago -
When determining if a molecule's configuration is E or Z, what
determines the higher priority groups?
asked 1 hour ago -
13. What is the amount
of conversion cost transferred to finished goods? (Round
your intermediate calculations...
asked 2 hours ago -
Sulfuric Acid is a "strong" acid, but only releases a single
proton when it dissolves. What...
asked 2 hours ago -
The
second floor of a house is 6 m above the street level. How much
work...
asked 2 hours ago