Question
#12-#15
A dealer claims that the price of a car is $20,500. You think thats high so you sample 14 similar cars and find a mean price of $19,850 with a standard deviation of $1084. - e) none 1.77 d) -1.76 e) none 12. Find the test statistic (t.s.) for your sample using the formula -2.24) -16 d) .16 13. Find the critical t-score (t) for the left tailed test with a .05 and d.f.-13. 2.24 a) -1.96 b) -2.16 Find the critical t-score (te) for the left tailed test with α ,01 and df-13. a) -2.58 b) -3.01 c) -2.62 14. 2.65 e) none Therefore, the conclusion for this hypothesis test is: a) reject Ho at α .05 and FTR Ho atu-01 c) reject H, at u-.01 and FTR H, at α-05 b) reject Ho at α .05 at α .01 d) FTR H, at α-05 at α-01 15. (e)hone
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
#12-#15 A dealer claims that the price of a car is $20,500. You think that's high...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Questions 12-15:A dealer claims that the price of a car is $20,500 You think that's wrong...

    Questions 12-15:A dealer claims that the price of a car is $20,500 You think that's wrong so yo sample 14 similar cars and find a mean price of $19,850 with a standard deviation of $1184 Find the test statistic (t.s.) for your sample. (the formula is: 1 a)2.24 b)-2.24 c)-16 d) .16 e) none ofthese Find the critical t-score (t) for the two tailed test with α-05. , a) ±1.96 b) ±2.16 c) ±1.77 d) ±1.76 e) none of these...

  • sample 14 similar cars and find a mean price of $19,850 with a standard deviation of...

    sample 14 similar cars and find a mean price of $19,850 with a standard deviation of $1184 12. Find the test statistic (t.s.) for your sample. (the formula is: t.) a) 2.24 b) -2.24 c 16 d) 16 e) none of these Find the critical t-score (t ) for the two tailed test with α-05. a) ±1.96 13. b) ±2.16 c) ±1.77 d) ±1.76 e) none of these 14. Find the critical t-score (te) for the two tailed test with...

  • Find the critical t-score (t) for the two tailed test with α-.01. a) t2.58 b) t3.01...

    Find the critical t-score (t) for the two tailed test with α-.01. a) t2.58 b) t3.01 c2.62 d) 2.65 e) none of these 14. 15.Therefore, the conclusion for this hypothesis test is: a) reject Ho at a-.05 and FTR Ho at a-o1 c) reject H° at α-.01 and FTR Ho at α-05 b) reject H, at α-.05 and α-.01 d) FIR h, at α-.05 and α-,01 e) none of these after in the percentage of cans showing discoloration 16. This...

  • please answer 38, thanks. 26. Given a test statistic of 2.09 paired with a crtical z-score...

    please answer 38, thanks. 26. Given a test statistic of 2.09 paired with a crtical z-score of 2 33 on a one tailed test, then the conclusion fail to reject H. at α-1% b)fail to reject H,at α-5%e reject KedacceptH,ata-1% d) reject, and accept H. at a " 5% At a 95% a) e) nooc of these 27. interval, how often would we expect u to 5% 95% c)1% fall outside the inerval estimate? 28. We are allowed to use...

  • c) reject Ho at α .01 and 1 R Ho at α- d) F 1 R...

    c) reject Ho at α .01 and 1 R Ho at α- d) F 1 R Ho at α-.05 and α-.01 e) none of these Question 16 0: Typically 10% o cars o fruit prepar du ingth current proces reduco oration afier 90 days. In arandom sample of 225 cans prepared with a new process, 12 show discoloration after 90 days. Perform an hypothesis test at α-.01 to de in the percentage of cans showing discoloration termine if the new...

  • 1) Select the answer with the correct choices for scenarios A and B regarding the null...

    1) Select the answer with the correct choices for scenarios A and B regarding the null hypothesis (H0). Scenario A - If we have chosen an alpha (α) of .05 for a two tailed test and our Z obtained is 1.70, what decision do we make regarding the null hypothesis (H0)? Scenario B - If we have chosen an alpha (α) of .01 for a left tailed test and our Z obtained is -2.24, what decision do we make regarding...

  • a. 26 Given a test statistic of 2.09 paired with a critical z-score of 233 on...

    a. 26 Given a test statistic of 2.09 paired with a critical z-score of 233 on a one tailed test, then the c fail to reject at α-1% b)fail to reject Hua-5% reject and accept H. at a-5% e) noot ofthese ,reject ILndecepti,re.rs 27. At a 95% a) 1A interval, how often would we expect 95% c)1% to 28. We are allowed to use the normal distribution if d)90% e)10% ơīs known b) n-500 c α b) df c) the-test...

  • 15) Find the critical value that defines the rejection region for the following hypothesis test: Is...

    15) Find the critical value that defines the rejection region for the following hypothesis test: Is the average life expectancy of Americans more than 78.8 years? To test this claim, a sample of 400 Americans are studied, with an average lifespan of 79.4 years and a standard deviation of 3.9 years. Use a significance level of 0.05. A) 1.649 B) 1.645 C) 3.08 D) -1.649 E) None of the Above 16) A large software company gives job applicants a test...

  • 15) Find the critical value that defines the rejection region for the following hypothesis test: Is...

    15) Find the critical value that defines the rejection region for the following hypothesis test: Is the average life expectancy of Americans more than 78.8 years? To test this claim, a sample of 400 Americans are studied, with an average lifespan of 79.4 years and a standard deviation of 3.9 years. Use a significance level of 0.05. A) 1.649 B) 1.645 C) 3.08 D) -1.649 E) None of the Above 16) A large software company gives job applicants a test...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT