According to a study of Lehman college students, the mean income of a student is 50,000...
According to a money report by a government institution, 18-to-20-year-old college students have an average credit card balance of $569. A researcher wants to find out if this number is lower now and collects data for a random sample of 40 college students. Their average credit card debt was found to be $542 with a sample standard deviation of $67.21. Complete parts a through b. a.) Using alphaα=.05, does this sample provide enough evidence to conclude that the average credit...
The UWGB student body is 67% female. If a room of students consists of 42 females and 18 males, is this room of students a good fit with the UWGB student body. Test using an alpha of 0.01. a) State the null and alternate hypotheses in symbols if appropriate and words. B) The test you will use and why. C) sketch the distribution showing the rejection region. D) calculate the test statistic or p-value. E) determine whether you reject or...
A survey was conducted two years ago asking college students their top motivations for using a credit card. To determine whether this distribution has changed, you randomly select 425 college students and ask each one what the top motivation is for using a credit card. Can you conclude that there has been a change in the claimed or expected distribution? Use alpha α=0.025. Old Survey % New Survey Frequency, f Rewards 29% 110 Low rates 23% 98 Cash back ...
The average American gets a haircut every 43 days. Is the average larger for college students? The data below shows the results of a survey of 12 college students asking them how many days elapse between haircuts. Assume that the distribution of the population is normal. 45, 53, 39, 46, 37, 47, 43, 40, 35, 53, 39, 55 What can be concluded at the the α = 0.10 level of significance level of significance? A) For this study, we should...
The average American gets a haircut every 36 days. Is the average larger for college students? The data below shows the results of a survey of 12 college students asking them how many days elapse between haircuts. Assume that the distribution of the population is normal. 39, 32, 33, 38, 33, 38, 37, 31, 42, 47, 42, 45 Copy to clipboard What can be concluded at the = 0.10 level of significance? For this study, we should use Select an...
19% of all college students volunteer their time. Is the percentage of college students who are volunteers larger for students receiving financial aid? Of the 308 randomly selected students who receive financial aid, 65 of them volunteered their time. What can be concluded at the α = 0.01 level of significance? a. For this study, we should use: Z-test for a population proportion or t-test for a population mean? b. The null and alternative hypotheses would be: H 0 :...
Let x represent the average annual salary of college and university professors (in thousands of dollars) in the United States. For all colleges and universities in the United States, the population variance of x is approximately σ2 = 47.1. However, a random sample of 18 colleges and universities in Kansas showed that x has a sample variance s2 = 86.8. Use a 5% level of significance to test the claim that the variance for colleges and universities in Kansas is...
1. According to a recent report, 38% of adults wait until they are 30 years of age or older to get married for the first time. A researcher believes this claimed value is too low. He gathers data in order to test the hypotheses Ho: p = 0.38 vs. Ha: p > 0.38. In these hypotheses, what does p represent? A. The p-value B. The sample proportion C. The population proportion D. The sample mean E. The population mean 2....
18% of all college students volunteer their time. Is the percentage of college students who are volunteers larger for students receiving financial aid? Of the 301 randomly selected students who receive financial aid, 72 of them volunteered their time. What can be concluded at the αα = 0.10 level of significance? For this study, we should use Select an answer t-test for a population mean z-test for a population proportion The null and alternative hypotheses would be: H0:H0: ? p...
Let x represent the average annual salary of college and university professors (in thousands of dollars) in the United States. For all colleges and universities in the United States, the population variance of x is approximately σ2 = 47.1. However, a random sample of 20 colleges and universities in Kansas showed that x has a sample variance s2 = 86.8. Use a 5% level of significance to test the claim that the variance for colleges and universities in Kansas is...