Question

In: Statistics and Probability

A random sample of data was obtained 61 12 6 40 27 38 93 5 13...

A random sample of data was obtained 61 12 6 40 27 38 93 5 13 40

a) How many data items? n = ?

b) What is the sample mean?

c) What is the sample variance?

d) What is the sample standard deviation?

e) Based on the number of sample items will you be using a z or a t for the mean testing?

f) Form a 95% confidence interval for the mean.

g) Form a 97% confidence interval for the variance.

h) Use Hypothesis Testing (P-Value Method) for the claim that the mean is less than 30 at a 96% confidence level.

i) What is your conclusion for the Hypothesis Test, state it very clearly?

Solutions

Expert Solution

a) How many data items?

n = 10

b) What is the sample mean?

33.5

c) What is the sample variance?

766.056

d) What is the sample standard deviation?

27.678

e) Based on the number of sample items will you be using a z or a t for the mean testing?

A t

f) Form a 95% confidence interval for the mean.

33.500 mean Data
27.678 std. dev.
8.752 std. error
10 n
9 df
13.701 confidence interval 95.% lower
53.299 confidence interval 95.% upper
19.799 margin of error

g) Form a 97% confidence interval for the variance.

766.055556 observed variance of 1
10 n
9 df
336.112 confidence interval 97.% lower
2,952.858 confidence interval 97.% upper

h) Use Hypothesis Testing (P-Value Method) for the claim that the mean is less than 30 at a 96% confidence level.

The hypothesis being tested is:

H0: µ = 30

Ha: µ < 30

30.000 hypothesized value
33.500 mean Data
27.678 std. dev.
8.752 std. error
10 n
9 df
0.400 t
.6507 p-value (one-tailed, lower)

Since the p-value (0.6507) is greater than the significance level (0.04), we cannot reject the null hypothesis.

i) What is your conclusion for the Hypothesis Test, state it very clearly?

Therefore, we cannot conclude that the mean is less than 30 at a 96% confidence level.


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