Question

In: Statistics and Probability

PLEASE EXPLAIN: A sample of 30 vehicles is outfitted with snow tires. The vehicles travel 80...

PLEASE EXPLAIN:

A sample of 30 vehicles is outfitted with snow tires. The vehicles travel 80 km/h in winter

driving conditions and apply the brakes. The sample mean and standard deviation of

stopping distances for these 30 vehicles are calculated to be 162 metres and 35 metres,

respectively. We would like to test whether the true mean stopping distance drivers from

150 metres. At the 1% level of significance, we should

(A) reject H0, since the P-value is between 0.02 and 0.025.

(B) fail to reject H0, since the P-value is between 0.025 and 0.05.

(C) reject H0, since the P-value is between 0.025 and 0.05.

(D) fail to reject H0, since the P-value is between 0.05 and 0.10.

(E) reject H0, since the P-value is between 0.05 and 0.10.

Solutions

Expert Solution

answer : D) fail to reject H0, since the P-value is between 0.05 and 0.10


Related Solutions

PLEASE EXPLAIN: A sample of 30 vehicles is outfitted with snow tires. The vehicles travel 80...
PLEASE EXPLAIN: A sample of 30 vehicles is outfitted with snow tires. The vehicles travel 80 km/h in winter driving conditions and apply the brakes. The sample mean and standard deviation of stopping distances for these 30 vehicles are calculated to be 162 metres and 35 metres, respectively. We would like to test whether the true mean stopping distance drivers from 150 metres. At the 1% level of significance, we should (A) reject H0, since the P-value is between 0.02...
A tire manufacturer believes that the tread life of its snow tires can be described by...
A tire manufacturer believes that the tread life of its snow tires can be described by Normal model with a mean of 32,000 miles and a standard deviation of 2500 miles. a). If you buy a set of these tires, would it be reasonable for you to hope that they'll last 40,000 miles? Explain. b). Approximately what fraction of these tires can be expected to last less that 30,000 miles? c). Approximately what fraction of these tires can be expected...
A Michigan state law requires the use of snow tires if more than 4 inches of...
A Michigan state law requires the use of snow tires if more than 4 inches of snow falls per hour. Paul, an Illinois driver owns a car where snow tires cost $1000 per tire so Paul decides not to purchase them. Last month during a surprise snowstorm Paul found himself in Michigan when 6 inches of snow fell in less than an hour. Michigan state troopers stop Paula and confiscate his car. Paul sues. Discuss whether Michigan violated any of...
Cold City Blowers produces snow blowers. The selling price per snow blower is $80. Costs involved...
Cold City Blowers produces snow blowers. The selling price per snow blower is $80. Costs involved in production are: Direct material per unit $22 Direct labor per unit 15 Variable manufacturing overhead per unit 6 Fixed manufacturing overhead per year 206,400 In addition, the company has fixed selling and administrative costs of $88,000 per year. During the year, Cold City Blowers produced 8,600 snow blowers and sold 8,000 snow blowers. There is no beginning inventory. Ignoring taxes, how much will...
If 5% of all vehicles travel less than 39.17 m/h and 10% travel more than 73.24...
If 5% of all vehicles travel less than 39.17 m/h and 10% travel more than 73.24 m/h, what are the mean and standard deviation of vehicle speed? (Round your answers to three decimal places.) mean= standard deviation= (b) What is the probability that a randomly selected vehicle's speed is between 50 and 65 m/h? (Round your answer to four decimal places.) (c) What is the probability that a randomly selected vehicle's speed exceeds the speed limit of 70 m/h? (Round...
Winter Tyme, Inc., is considering building a plant to produce snow tires. The project would last...
Winter Tyme, Inc., is considering building a plant to produce snow tires. The project would last 6 years and requires an initial fixed asset investment of $5.886 million. The fixed asset will be depreciated straight-line to zero over its 6-year tax life, after which time it will be worthless. Winter Tyme paid $75,000 for a market analysis which indicates the project will generate $5,232,000 in annual sales, with costs of $2,092,800.     Required: If the tax rate is 33 percent,...
Please explain ?” Why are the income statement and balance sheet, by themselves, insufficient vehicles for...
Please explain ?” Why are the income statement and balance sheet, by themselves, insufficient vehicles for assessing a company’s overall performance and financial standing? This is another way of asking, what information value is added by the cash flow statement?
What is 93 increased by 80​%? Please explain step by step.
What is 93 increased by 80​%? Please explain step by step.
Please explain the travel distribution model and what are its 3 basic categories?
Please explain the travel distribution model and what are its 3 basic categories?
what is the difference between these investment vehicles and which is the best....Please explain? common stocks,...
what is the difference between these investment vehicles and which is the best....Please explain? common stocks, mutual funds, ETFs, REITs.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT