Question

In: Statistics and Probability

1.   What dessert is the most popular?  A grocery chain gave people the choice of a free sample...

1.   What dessert is the most popular?  A grocery chain gave people the choice of a free sample of chocolate brownies and chocolate cake.  They were told they were only allowed to pick one of the two samples and their choices were recorded.  The statisticians ensured that the samples were plentiful to prevent people from feeling bad for taking all of one sample or the other.  Over the course of 325 customers, 200 chose the brownies.   Does this suggest that people prefer brownies over cake?

a)  (2 points) Can we perform a statistical study based on this sample?

b) (2 points) Create a Hypothesis Test for the importance of brownies over cake.

c) (2 points) Estimate the standard error for this study.  Round to three decimal places.

d) (2 points) Find the test statistic for your study.  Round to three decimal places.

e) (2 points) Find the p-value.

f) (2 points) Do we have enough evidence that people prefer brownies over cake?

2.  A local university wants to suggest its students have all scored over 500 on their SAT Math scores each year.  Gathering 60 random students from the past 10 years, the average score per year is 540 with a standard deviation of 90.

a) (2 points) Is this sample appropriate for a normalized confidence interval?

b) (1 points) Find the standard error for this sample.

c) (1 points) Find the appropriate t-distribution for the 95% confidence interval.

d) (2 points) Find the confidence interval based on the sample.

e) (2 points)  Based on your confidence interval, is the university allowed to boast about its high SAT math scores?  Why or why not?

Solutions

Expert Solution

1)

A)

YES, we perform a statistical study based on this sample

.

B)

Ho :   p =    0.5
H1 :   p >   0.5
.

C)

Level of Significance,   α =    0.05                  
Number of Items of Interest,   x =   200                  
Sample Size,   n =    325                  
                          
Sample Proportion ,    p̂ = x/n =    0.6154                  
                          
Standard Error ,    SE = √( p(1-p)/n ) =    0.028

..........

D)
Z Test Statistic = ( p̂-p)/SE = (   0.6154   -   0.5   ) /   0.0277   =   4.160
                          
3)   
   
p-Value   =   0.0000   [Excel function =NORMSDIST(-z)     

F)
Decision:   p-value<α , reject null hypothesis

we have enough evidence that people prefer brownies over cake

............................

2)

A)

YES,this sample appropriate for a normalized confidence interval

....

B)

sample std dev ,    s =    90.0000
Sample Size ,   n =    60
Sample Mean,    x̅ =   540.0000
Standard Error , SE = s/√n =   90/√60=   11.619

............

C)

Level of Significance ,    α =    0.05              
degree of freedom=   DF=n-1=   59              
't value='   tα/2=   2.001   [Excel formula =t.inv(α/2,df) ]          
..

D)

margin of error , E=t*SE =   2.0010   *   11.6190   =   23.2495
                  
confidence interval is                   
Interval Lower Limit = x̅ - E =    540.00   -   23.2495   =   516.7505
Interval Upper Limit = x̅ + E =    540.00   -   23.2495   =   563.2495
95%   confidence interval is (   516.75   < µ <   563.25   )

...............

E)

500 DO NOT LIE IN THE INTERVAL, SO students have all scored over 500

................

THANKS

PLEASE UPVOTE

  


Related Solutions

What dessert is the most popular? A grocery chain gave people the choice of a free...
What dessert is the most popular? A grocery chain gave people the choice of a free sample of chocolate brownies and chocolate cake. They were told they were only allowed to pick one of the two samples and their choices were recorded. The statisticians ensured that the samples were plentiful to prevent people from feeling bad for taking all of one sample or the other. Over the course of 325 customers, 210 chose the brownies. Does this suggest that people...
1. A grocery store gave people the choice for a free sample of chocolate-chip brownies or...
1. A grocery store gave people the choice for a free sample of chocolate-chip brownies or chocolate-chip cake. They were told they were only allowed to pick one of the two samples and their choices were recorded.The statistic observers ensured that the samples were plentiful to prevent people from feeling bad for taking all of one sample or the other. Over the course of 325 customers, 210 chose the chocolate-chip brownies. a) Can we perform a statistical study based on...
1. NuDayWear Inc. is a nationwide retail chain specializing in women's apparel. The company's most popular...
1. NuDayWear Inc. is a nationwide retail chain specializing in women's apparel. The company's most popular lines are West and SeaWear. West offers executive wear for women in the middle to high-end markets, and SeaWear features sportswear and stylish clothes, also targeted at women in the middle to high-end markets. The company has 95 million shares outstanding with a current market price of $10.55 per share. The company is expected to show net income of $41 million in the next...
A random sample of communities in western Kansas gave the following information for people under 25...
A random sample of communities in western Kansas gave the following information for people under 25 years of age. Rate of hay fever per 1000 population for people under 25 124 96 98 107 120 122 142 136 112 124 81 124 108 120 144 115 A random sample of regions in western Kansas gave the following information for people over 50 years old. : Rate of hay fever per 1000 population for people over 50 87 103 100 98...
1. What is a defining characteristic of a free trade area? Multiple Choice Factors of production...
1. What is a defining characteristic of a free trade area? Multiple Choice Factors of production are allowed to move freely between member nations. Each member country is allowed to determine its own trade policies with regard to nonmembers. Member nations are required to have a common currency. Member nations are required to have a common monetary and fiscal policy. Member nations are required to have a central political apparatus that coordinates economic, social, and foreign policy. 2. Establishment of...
1. Select any 'functional product of your choice. What should be the supply chain strategy for...
1. Select any 'functional product of your choice. What should be the supply chain strategy for it? Discuss the salient features/characteristics of such supply chains. Can you give any example for such type of supply chain in UAE? 2. Select any ‘innovative product of your choice. What should be the supply chain strategy for it? Discuss the salient features/characteristics of such supply chains. Can you give any example for such type of supply chain in UAE?
What is the most popular money market security? Elaborate.
What is the most popular money market security? Elaborate.
Interview a leader of your choice and ask these four questions: 1. What are the most...
Interview a leader of your choice and ask these four questions: 1. What are the most important qualities an effective leader should have? 2. What are the qualities you want most in an employee? Why? 3. How do your employees react to your leadership? 4. What is the role of effective communication in leadership? Then write a summary of the answers that describe any characteristics of servant leadership that is displayed by this leader.
Most people who are completely blind have circadian rhythms that are “free running”; that is, their...
Most people who are completely blind have circadian rhythms that are “free running”; that is, their circadian rhythms are not synchronized to their environment time cues and they oscillate on a cycle of about 24.5 hours. Why do you suppose the circadian clocks of blind people are not entrained to the same 24-hour clock as the majority of the population? Can you guess what symptoms might be associated with a free-running circadian clock? Do you suppose that blind people have...
Question 1: What are the most popular tourist attractions in brazil? And Explain each in (750...
Question 1: What are the most popular tourist attractions in brazil? And Explain each in (750 words)? Question 2: What are the Conventional and Cultural celebrations in brazil for tourist? And Explain each in (750 words)?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT