Question

In: Statistics and Probability

QUESTION 1 Are nursing hourly pay in Tampa, Florida lower than in Dallas, Texas? The data...

QUESTION 1

Are nursing hourly pay in Tampa, Florida lower than in Dallas, Texas? The data is shown below:

Tampa: sample mean = 39, sample standard deviation = 6.2, sample size = 42
Dallas: sample mean = 48, sample standard deviation = 6.3, sample size = 33

Provide the test statistics value for the analysis.

QUESTION 2

The director of a green energy company is interested in comparing two different methods of installing solar light panels. An experiment is conducted with 41 technicians using the old method and the other 46 technicians using the new method.

For the 41 technicians using the old method, the average time was 543 minutes with 77.9 standard deviation.
For the 46 technicians using the new method, the average time was 473 minutes with 100.2 standard deviation.

Conduct an analysis to determine whether there is a difference in the average time to complete the installation of the solar panels. Provide the degrees of freedom.

QUESTION 3

We are interested in studying whether Private Colleges costs at least $15,000 more than Public Colleges. This is to run an advertisement campaign to promote more high school students to consider public colleges to save at least $15,000 in tuition a year. See the excel file CollegeCosts for the random samples showing the annual cost of attending private and public colleges. Data are in thousands of dollars. What is the p-value for this hypothesis testing.

Hint: This is a challenging question. It is indeed a t-test 2 sample unequal variance question. But the hypothesized mean difference should have been “15” because the question wants to analyze: "We are interested in studying whether Private Colleges costs at least $15,000 more than Public Colleges.”
Since the data is in thousands, we would enter in 15 for the hypothesized mean difference.

Solutions

Expert Solution

Answer 1

Thus, the hypothesis test can be performed assuming equal variance.

At 0.05 significance level, there is enough evidence to conlcude that the average nursing hourly pay in Tampa, Florida lower than in Dallas, Texas.

***Dear Student, We can answer one question per post. Please post remaining questions separately***


Related Solutions

Are nursing salaries in Tampa, Florida, lower than those in Dallas, Texas? As reported by the...
Are nursing salaries in Tampa, Florida, lower than those in Dallas, Texas? As reported by the Tampa Tribune, salary data show staff nurses in Tampa earn less than staff nurses in Dallas. Suppose that in a follow-up study of 41 staff nurses in Tampa and 51 staff nurses in Dallas you obtain the following results. Enter negative value as negative number. Tampa Dallas n1=41 n2=51 ^-x1=58,800 ^-x2=62,800 s1=4,800 s2=6,200 a. Formulate hypothesis so that, if the null hypothesis is rejected,...
Data about salaries showed that staff nurses in Tampa earn less than staff nurses in Dallas...
Data about salaries showed that staff nurses in Tampa earn less than staff nurses in Dallas (The Tampa Tribune, Jan 15, 2007). You are a manager at a Tampa hospital and want to test the claim of the Tribune. You conduct a follow up survey of a random sample of 25 staff nurses in Tampa and a random sample of 28 staff nurses in Dallas. You find that the sample from Tampa showed an average salary of $52000 with a...
Data about salaries showed that staff nurses in Tampa earn less than staff nurses in Dallas...
Data about salaries showed that staff nurses in Tampa earn less than staff nurses in Dallas (The Tampa Tribune, Jan 15, 2007). You are a manager at a Tampa hospital and want to test the claim of the Tribune. You wish to test the claim at a significance level of α=0.001 So you conduct a follow up survey of 26 staff nurses in Tampa and 29 staff nurses in Dallas. You find that the sample from Tampa showed an average...
Upload US crime data and compare the murder counts for the states of Florida, Texas and...
Upload US crime data and compare the murder counts for the states of Florida, Texas and New York. Your job is to identify which of the two states is most correlated to Florida. Make scattered plot chart with X representing Florida and Y representing that state in question, plot the line and compute the R-square. Answer the questions: I) What are the approximate slope and the R-squares on your chart? (10 points) a. 2.09 & 0.74 b. 0.51 & 173.66...
Are nursing salaries in City A lower than those in City B? As reported by a...
Are nursing salaries in City A lower than those in City B? As reported by a newspaper, salary data show staff nurses in City A earn less than staff nurses in City B. Suppose that in a follow-up study of 40 staff nurses in City A and 50 staff nurses in City B you obtain the following results. Assume population variances are unknown and unequal. City A City B n1 = 40 n2 = 50 x1 = $56,300 x2 =...
Are nursing salaries in City A lower than those in City B? As reported by a...
Are nursing salaries in City A lower than those in City B? As reported by a newspaper, salary data show staff nurses in City A earn less than staff nurses in City B. Suppose that in a follow-up study of 40 staff nurses in City A and 50 staff nurses in City B you obtain the following results. City A City B n1 = 40 n2 = 50 x1 = $56,500 x2 = $59,500 s1 = $6,000 s2 = $7,000...
Are nursing salaries in City A lower than those in City B? As reported by a...
Are nursing salaries in City A lower than those in City B? As reported by a newspaper, salary data show staff nurses in City A earn less than staff nurses in City B. Suppose that in a follow-up study of 40 staff nurses in City A and 50 staff nurses in City B you obtain the following results. Assume population variances are unknown and unequal. City A City B n1 = 40 n2 = 50 x1 = $56,300 x2 =...
Frank operates a construction business in Dallas, Texas. On May 1, 2019, Frank purchased a warehouse...
Frank operates a construction business in Dallas, Texas. On May 1, 2019, Frank purchased a warehouse for his business. The warehouse cost $1,500,000 ($500,000 for land and $1,000,000 for improvements). In November 2019, Frank purchased the following business property: equipment for $100,000, light-duty truck for $50,000, and office furniture and equipment for $50,000. Please calculate Frank’s 2019 depreciation deductions. Be sure to explain your calculations fully. What income would Frank report if he decided to sell the warehouse and equipment...
Question 1: What would you pay to a bank to lower your interest rate on your...
Question 1: What would you pay to a bank to lower your interest rate on your mortgage loan? A: points B: down payment    C: interest origination fee D: insurance for your house Question 2: A disadvantage of whole life insurance is A: lower yields than comparable investments B: it provides coverage for specific time in your life C: premium increases over time D: must be renewed every year Question 3: A___________ allows a homeowner access their equity without selling their...
Question 1: Consider the following revenue and cost data for Shannon’s Brewery in Keller, Texas. Shannon’s...
Question 1: Consider the following revenue and cost data for Shannon’s Brewery in Keller, Texas. Shannon’s sells 35% of its craft beer production through its own on-premise taproom. The bulk of its sales (65%) are made off-premise via various retail outlets including supermarkets, bars, and restaurants. 40% of its of sales (on-premise and off-premise) consists of package sales (bottles and cans). Of this 40%, beer sold in cans accounts for 80% with sales of bottled beer accounting for the remaining...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT