A large company that produces allergy medications claims that Americans lose an average of 40 hours of work to problems related to seasonal allergies. A consumer advocacy group believes that this claim is actually just “hype” (exaggeration) intended to sell more medication. The advocacy group would like to obtain statistical evidence about this issue and takes a random sample of 100 American workers. They find that these 100 people lost an average of 38 hours with a standard deviation of 8.6 hours.
Derive the test statistic (t score) for this hypothesis testing
problem to TWO decimals.
A large company that produces allergy medications claims that Americans lose an average of 40 hours...
QUESTION 10 Consider the monthly data, including the estimates for March 2020, and the information in the articles. Which of the following is the best analysis of and prediction for the money market in the U.S. economy for the next few months? a. Shortages are causing panic buying by households, which has increased money demand. Lenders are increasing their lending to keep up with the needs of households and businesses. Money demand is increasing more than money supply. b. Shortages...