Question

In: Statistics and Probability

CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE 1 14.9 2 10.8...

CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE
1 14.9 2 10.8 3 19 4 18.9
1 17.7 2 10.7 3 13.8 4 19.2
1 17.7 2 11 3 20.1 4 19.4
1 18.7 2 12 3 19.8 4 21
1 19.8 2 7.5 3 12.2 4 13.5
1 21.1 2 10.5 3 24.3 4 17.2
1 17.3 2 9.1 3 21.8 4 12.7
1 19.8 2 10.7 3 20.7
1 16.3 2 7.5 3 16.4
1 17.8 2 12.1 3 25.4

With the above data, could you please help me answer the questions below.

10. What was the margin of error for the confidence interval for gasoline mileage of make 2?
11. What was the lower 95% confidence limit for make 2 mileage?
12. What was the upper 95% confidence limit for make 2 mileage?
13. What is the value of the t test statistic for testing the hypothesis that makes 2 and 3 do not differ in mileage?

Solutions

Expert Solution

  • Margin of error = Critical value x Standard deviation for the population.
  • Margin of error = Critical value x Standard error of the sample

Here, complete table is:

A B C D E F G H I
CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE
1 14.9 2 10.8 3 19 4 18.9
1 17.7 2 10.7 3 13.8 4 19.2
1 17.7 2 11 3 20.1 4 19.4
1 18.7 2 12 3 19.8 4 21
1 19.8 2 7.5 3 12.2 4 13.5
1 21.1 2 10.5 3 24.3 4 17.2
1 17.3 2 9.1 3 21.8 4 12.7
1 19.8 2 10.7 3 20.7
1 16.3 2 7.5 3 16.4
1 17.8 2 12.1 3 25.4
Formula in Excel
Mean xbar 18.11 10.19 AVERAGE(E2:E11) 19.35 17.414
Stdev s 1.81564191 1.6408 STDEV(E2:E11) 4.2222 3.1567
count n 10 10 COUNT(E2:E11) 10 7
alpha 0.05
margin of error
critical value t 2.26215716 ABS(TINV(0.05,9))
sigma sigmahat 1.6407654
root n 3.16227766
1.17373286
t-test 3.9206E-05 TTEST(E2:E11,H2:H11,2,3)
rounded p-value 0

10. margin of error for the confidence interval for gasoline mileage of make 2 is

Thus,

Margin of error for make 2= 1.173733

11. lower 95% confidence limit for make 2 mileage

12. upper 95% confidence limit for make 2 mileage

where,

13. value of the t test statistic for testing the hypothesis that makes 2 and 3 do not differ in mileage?

  • Null hypothesis-H0: difference=d=mu2-mu3=0 [No significant change]
  • Alternative-H1: mu2-mu3 not equal to zero

t-test statistic,

where, Xbar and Ybar are means of make 2 gasoline mileage and make 3 mileage respectively.


Related Solutions

CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE 1 14.9 2 10.8...
CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE 1 14.9 2 10.8 3 19 4 18.9 1 17.7 2 10.7 3 13.8 4 19.2 1 17.7 2 11 3 20.1 4 19.4 1 18.7 2 12 3 19.8 4 21 1 19.8 2 7.5 3 12.2 4 13.5 1 21.1 2 10.5 3 24.3 4 17.2 1 17.3 2 9.1 3 21.8 4 12.7 1 19.8 2 10.7 3 20.7 1 16.3 2 7.5 3 16.4...
CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE 1 14.9 2 10.8...
CAR 1 MILEAGE CAR 2 MILEAGE CAR 3 MILEAGE CAR 4 MILEAGE 1 14.9 2 10.8 3 19 4 18.9 1 17.7 2 10.7 3 13.8 4 19.2 1 17.7 2 11 3 20.1 4 19.4 1 18.7 2 12 3 19.8 4 21 1 19.8 2 7.5 3 12.2 4 13.5 1 21.1 2 10.5 3 24.3 4 17.2 1 17.3 2 9.1 3 21.8 4 12.7 1 19.8 2 10.7 3 20.7 1 16.3 2 7.5 3 16.4...
SE-FamilySize 1 1 4 3 2 4 2 3 4 2 4 1 4 2 2...
SE-FamilySize 1 1 4 3 2 4 2 3 4 2 4 1 4 2 2 4 5 4 5 4 4 2 4 3 1 2 3 5 5 5 Make a confidence interval. Be sure you show all the steps you took. Include a screen shot of any applet you used in your calculations. 2. Choose a confidence level (1 – α). 3. What is xbar? 4. What is s? 5. What is t? (Show a screen shot...
The following page-reference string: 1, 2, 4, 3, 2, 5, 4, 2, 4, 2, 1, 3,...
The following page-reference string: 1, 2, 4, 3, 2, 5, 4, 2, 4, 2, 1, 3, 2, 3, 1, 3, 6, 1, 6, 4. Main memory with 3 frames of 1 kilobyte available and they are all initially empty. Complete a figure, similar to Figure 8.14(in the slides or textbook), showing the frame allocation for each of the following page replacement policies: a. Optimal b. Least recently used c. First-in-first-out Then, find the relative performance of each policy with respect...
MONTH   ZEMIN CORP.   MARKET 1 7% 4% 2 2% 1% 3 2% 2% 4 -3% -1%...
MONTH   ZEMIN CORP.   MARKET 1 7% 4% 2 2% 1% 3 2% 2% 4 -3% -1% 5 4% 2% 6   2% 3% a. Given the​ holding-period returns shown above, compute the average returns and the standard deviations for the Zemin Corporation and for the market. b. If​ Zemin's beta is 1.04 and the​ risk-free rate is 9 ​percent, what would be an appropriate required return for an investor owning​ Zemin? ​(​Note: Because the returns of Zemin Corporation are based on...
The weight of a car can influence the mileage that the car can obtain. A random...
The weight of a car can influence the mileage that the car can obtain. A random sample of 20 cars was taken and the weight (in pounds) and mileage (in mpg) were recorded and are in the table below. X, weight Y, mileage 4000 23.1 4500 17.2 4500 19.5 2250 53.3 2750 46.9 3500 31.3 4500 17 4000 23.6 2750 36.3 3000 31.5 3000 31.4 3000 32.2 4000 23.4 2500 40.9 3000 31.4 3500 31.3 3500 32.6 3000 32.2 2250...
The weight of a car can influence the mileage that the car can obtain. A random...
The weight of a car can influence the mileage that the car can obtain. A random sample of 20 cars’ weights and mileage is collected. The table for the weight and mileage of the cars is given below. Use Excel to find the best fit linear regression equation, where weight is the explanatory variable. Round the slope and intercept to three decimal places. Weight   Mileage 30.0   32.2 20.0   56.0 20.0   46.2 45.0   19.5 40.0   23.6 45.0   16.7 25.0   42.2 55.0  ...
Car battery The mileage of a car battery is exponentially distributed with a mean value of...
Car battery The mileage of a car battery is exponentially distributed with a mean value of 10000 km. (a) What is the probability of a 5000 km trip without replacement of the battery? (b) What is the maximum length of travel that can be terminated with 90% probability without replacing the battery? (c) Determine the median, the mean and the variance of the mileage of the battery
2. Consider functions f : {1, 2, 3, 4, 5, 6} → {1, 2, 3, 4,...
2. Consider functions f : {1, 2, 3, 4, 5, 6} → {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}. (a) How many of these functions are strictly increasing (i.e. f(1) < f(2) < f(3) < f(4) < f(5) < f(6))? Hint: How many different possibilities are there for the range of f? For each range of f, how many strictly increasing functions are there? (b) How many of these functions are non-decreasing (i.e. f(1) ≤ f(2) ≤...
[ 1 -1 3 -3 5 2 ] A=[ 1 -1 4 -1 9 -4 ]...
[ 1 -1 3 -3 5 2 ] A=[ 1 -1 4 -1 9 -4 ] [ -1 1 -3 3 -4 8  ] [7] b=[5] [4] use the row reduction algorithm to solve the following Describe the solution set of Ax=b in parametric vector form describe the solution set of Ax=0 as Span[ V1,V2,....,Vp]
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT