Question

In: Statistics and Probability

*****Please answer all questions***** Question 1 (1 point) Consumers Energy states that the average electric bill...

*****Please answer all questions*****

Question 1 (1 point)

Consumers Energy states that the average electric bill across the state is $39.09. You want to test the claim that the average bill amount is actually different from $39.09. What are the appropriate hypotheses for this test?

Question 1 options:

1)

HO: μ ≥ 39.09
HA: μ < 39.09

2)

HO: μ ≠ 39.09
HA: μ = 39.09

3)

HO: μ ≤ 39.09
HA: μ > 39.09

4)

HO: μ > 39.09
HA: μ ≤ 39.09

5)

HO: μ = 39.09
HA: μ ≠ 39.09

Question 2 (1 point)

A medical researcher wants to determine if the average hospital stay after a certain procedure is greater than 12.41 days. The hypotheses for this scenario are as follows: Null Hypothesis: μ ≤ 12.41, Alternative Hypothesis: μ > 12.41. If the researcher randomly samples 22 patients that underwent the procedure and determines their average hospital stay was 14.93 days with a standard deviation of 6.108 days, what is the test statistic and p-value of this test?

Question 2 options:

1)

Test Statistic: 1.935, P-Value: 0.9667

2)

Test Statistic: 1.935, P-Value: 0.0666

3)

Test Statistic: -1.935, P-Value: 0.9667

4)

Test Statistic: -1.935, P-Value: 0.0333

5)

Test Statistic: 1.935, P-Value: 0.0333

Question 3 (1 point)

Suppose the national average dollar amount for an automobile insurance claim is $566.2. You work for an agency in Michigan and you are interested in whether or not the state average is different from the national average. The hypotheses for this scenario are as follows: Null Hypothesis: μ = 566.2, Alternative Hypothesis: μ ≠ 566.2. A random sample of 89 claims shows an average amount of $574.113 with a standard deviation of $83.7792. What is the test statistic and p-value for this test?

Question 3 options:

1)

Test Statistic: 0.891, P-Value: 1.8123

2)

Test Statistic: 0.891, P-Value: 0.8124

3)

Test Statistic: 0.891, P-Value: 0.3753

4)

Test Statistic: -0.891, P-Value: 0.3753

5)

Test Statistic: 0.891, P-Value: 0.18765

Question 4 (1 point)

It is reported in USA Today that the average flight cost nationwide is $414.79. You have never paid close to that amount and you want to perform a hypothesis test that the true average is actually less than $414.79. The hypotheses for this situation are as follows: Null Hypothesis: μ ≥ 414.79, Alternative Hypothesis: μ < 414.79. You take a random sample of national flight cost information and perform a one sample mean hypothesis test. You observe a p-value of 0.342. What is the appropriate conclusion? Conclude at the 5% level of significance.

Question 4 options:

1)

We did not find enough evidence to say a significant difference exists between the true average flight cost and $414.79.

2)

The true average flight cost is greater than or equal to $414.79.

3)

We did not find enough evidence to say the true average flight cost is greater than $414.79.

4)

The true average flight cost is significantly less than $414.79.

5)

We did not find enough evidence to say the true average flight cost is less than $414.79.

Question 5 (1 point)

Consumers Energy states that the average electric bill across the state is $124.59. You want to test the claim that the average bill amount is actually greater than $124.59. The hypotheses for this situation are as follows: Null Hypothesis: μ ≤ 124.59, Alternative Hypothesis: μ > 124.59. You complete a randomized survey throughout the state and perform a one-sample hypothesis test for the mean, which results in a p-value of 0.0187. What is the appropriate conclusion? Conclude at the 5% level of significance.

Question 5 options:

1)

The true average electric bill is less than or equal to $124.59.

2)

The true average electric bill is significantly greater than $124.59.

3)

The true average electric bill is significantly different from $124.59.

4)

We did not find enough evidence to say the true average electric bill is greater than $124.59.

5)

The true average electric bill is significantly less than $124.59.

Solutions

Expert Solution

Question 1

Question 2

Test Statistic :-
t = ( X̅ - µ ) / (S / √(n) )
t = ( 14.93 - 12.41 ) / ( 6.108 / √(22) )
t = 1.9351

P - value = P ( t > 1.9351 ) = 0.0333

Question 3

Test Statistic :-
t = ( X̅ - µ ) / ( S / √(n))
t = ( 574.113 - 566.2 ) / ( 83.7792 / √(89) )
t = 0.891

P - value = P ( t > 0.891 ) = 0.3753

Question 4

Reject null hypothesis if P value < α = 0.05 level of significance
P - value = 0.342 > 0.05 ,hence we fail to reject null hypothesis
Conclusion :- Fail to reject null hypothesis


Question 5

Reject null hypothesis if P value < α = 0.05 level of significance
P - value = 0.0187 < 0.05 ,hence we reject null hypothesis
Conclusion :- Reject null hypothesis


Related Solutions

Consumers Energy states that the average electric bill across the state is $147.49. You want to...
Consumers Energy states that the average electric bill across the state is $147.49. You want to test the claim that the average bill amount is actually less than $147.49. The hypotheses for this situation are as follows: Null Hypothesis: μ ≥ 147.49, Alternative Hypothesis: μ < 147.49. You complete a randomized survey throughout the state and perform a one-sample hypothesis test for the mean, which results in a p-value of 0.0416. What is the appropriate conclusion? Conclude at the 5%...
Consumers Energy states that the average electric bill across the state is $48.287. You want to...
Consumers Energy states that the average electric bill across the state is $48.287. You want to test the claim that the average bill amount is actually less than $48.287. The hypotheses for this situation are as follows: Null Hypothesis: μ ≥ 48.287, Alternative Hypothesis: μ < 48.287. A random sample of 35 customer's bills shows an average cost of $51.651 with a standard deviation of $8.3447. What is the test statistic and p-value for this test?
Consumers Energy states that the average electric bill across the state is $41.553. You want to...
Consumers Energy states that the average electric bill across the state is $41.553. You want to test the claim that the average bill amount is actually greater than $41.553. The hypotheses for this situation are as follows: Null Hypothesis: μ ≤ 41.553, Alternative Hypothesis: μ > 41.553. A random sample of 47 customer's bills shows an average cost of $43.307 with a standard deviation of $8.0202. What is the test statistic and p-value for this test? 1) Test Statistic: -1.499,...
*****Please answer ALL questions***** Question 6 (1 point) A statistics professor wants to examine the number...
*****Please answer ALL questions***** Question 6 (1 point) A statistics professor wants to examine the number of hours that seniors and freshmen study for the final. Specifically, the professor wants to test if the average number of hours that seniors study is greater than the average number of hours that freshmen study. If the seniors are considered group 1 and the freshmen are considered group 2, what are the hypotheses for this scenario? Question 6 options: 1) HO: μ1 <...
****PLEASE ANSWER ALL QUESTIONS**** Question 1 (1 point) 164 employees of your firm were asked about...
****PLEASE ANSWER ALL QUESTIONS**** Question 1 (1 point) 164 employees of your firm were asked about their job satisfaction. Out of the 164, 47 said they were unsatisfied. What is the estimate of the population proportion? What is the standard error of this estimate? Question 1 options: 1) Estimate of proportion: 0.713, Standard error: 0.0028. 2) Estimate of proportion: 0.287, Standard error: 0.0353. 3) Estimate of proportion: 0.287, Standard error: 0.0028. 4) Estimate of proportion: 0.713, Standard error: 0.0353. 5)...
Please answer all the questions with explanation. 1. The GI Bill provided educational opportunities to many...
Please answer all the questions with explanation. 1. The GI Bill provided educational opportunities to many young men returning from military service. Using a production possibilities curve, demonstrate how the GI Bill affected economic growth and explain your answer. 2. Why is China still poor in per capita terms despite having the second-largest economy in the world in terms of real GDP? 3. What is the relationship between savings, capital formation, and consumption? 4. (a) What is productivity, and how...
PLEASE ANSWER ALL QUESTIONS. ALL THE QUESTION ARE RELATED IN EVERY NUMBER 1. "For each of...
PLEASE ANSWER ALL QUESTIONS. ALL THE QUESTION ARE RELATED IN EVERY NUMBER 1. "For each of the following questions, use a dry bulb temperature of +26°C and a wet bulb temperature of +15°C, in a room with 70 kg of dry air. The atmospheric pressure is 101,325 Pa. What is the relative humidity of this air? Enter your answer as a number from 0 to 100 without any units or percent sign. Your answer is correct if it is within...
    Please answer all questions in question 1 and question 2.     Your submission must include...
    Please answer all questions in question 1 and question 2.     Your submission must include a bibliography.     The word limit for question 1 and 2 combined is 1500 words. Question 1 Angus is a 44-year-old high school teacher who wishes to invest his savings of $100,000 by building up a blue-chip share portfolio. Angus was a keen observer of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in 2019 and has strong views...
Please do not attempt to solve if you can not answer all the questions. THE ENERGY...
Please do not attempt to solve if you can not answer all the questions. THE ENERGY BAR INDUSTRY In 1986, PowerBar, a firm in Berkeley, California, single-handedly created the energy bar category. Positioned as an athletic energy food, it was distributed at bike shops and events that usually involved running or biking. The target segment was the athlete who needed an efficient, effective energy source. Six years later, seeking to provide an alternative to the sticky, dry nature of the...
Please answer all the questions with the question number and the correct answer (letter) next to...
Please answer all the questions with the question number and the correct answer (letter) next to it :) 27-Some of the best ways to learn about small business include: A Learn from successful entrepreneurs in the field. B College classes on small business. C Working in the field either in as an intern or employee. D All of the above. 28- By becoming certified as a welder, a manager can go a long way toward acquiring the _________ skills managers...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT