Question

In: Statistics and Probability

]It is widely known that alcohol related car accidents can have a big impact on people’s...

]It is widely known that alcohol related car accidents can have a big impact on people’s lives. One widely reported statistic is that the mean number of “years of potential life lost” among men is 32, but it was computed several years ago. Researchers want to know if this statistic has changed since the data were first compiled, with a significance level of 5%. A random sample of 24 alcohol related fatalities from this moth had a mean “years of potential life lost” of 33.8 and a standard deviation of 6 years.

a. [7 points] Construct a confidence interval around the sample mean at 95% Confidence Level.

b. [7 points] Based on the confidence interval, how would you decide about the hypothesis that the mean statistic of “years of potential life lost” has remained the same (at 5% level of significance)?

Solutions

Expert Solution

a. [7 points] Construct a confidence interval around the sample mean at 95% Confidence Level.

The provided sample mean is 33.8 and the sample standard deviation is s = 6 . The size of the sample is n = 24 and the required confidence level is 95%.

The number of degrees of freedom are df = 24 - 1 = 23 , and the significance level is α=0.05.

Based on the provided information, the critical t-value for α=0.05 and df = 23 degrees of freedom is t_c = 2.069

The 95% confidence for the population mean is computed using the following expression

Therefore, based on the information provided, the 95 % confidence for the population mean is

CI = (31.266,36.334)

which completes the calculation.

b. [7 points] Based on the confidence interval, how would you decide about the hypothesis that the mean statistic of “years of potential life lost” has remained the same (at 5% level of significance)?

Since the confidence interval include 32 hence the mean statistic of “years of potential life lost” has remained the same


Related Solutions

In 2003, it was reported that 40% of all car accidents in Connecticut were alcohol related....
In 2003, it was reported that 40% of all car accidents in Connecticut were alcohol related. Suppose we take a random sample of 100 car accidents in Connecticut and let X be the number that are alcohol related. Find the probability that at least 40 were alcohol related and at least 40 were not alcohol related.
2. In 2009 it was reported that 45% of all car accidents in Buffalo were alcohol...
2. In 2009 it was reported that 45% of all car accidents in Buffalo were alcohol related. Suppose we take a random sample of 200 car accidents in Buffalo and let X be the number which are alcohol related. a. Define the random variable X of the form ) Find the probability that fewer than half (less than 100) were alcohol related. Find the prob. that between 60 and 80, inclusive, were alcohol related. Find the probability at least 90...
Briefly describe how political diversity, or lack of diversity, can impact on people’s lives.
Briefly describe how political diversity, or lack of diversity, can impact on people’s lives.
1. A widely popular brand of car tyres have consistently given more mileage to the consumers...
1. A widely popular brand of car tyres have consistently given more mileage to the consumers over time which have led to an increase in their prices. However, the inflation rate computed using CPI jumps up considerably because of this. What kind of drawback does the CPI have in this case? a. New Product Bias b. Outlet Bias c. Substitution Bias d. Quality Bias 2. Which one of the following is a major cost of inflation? a. Shoeleather Costs. b....
Explain how big data and data analytics can impact the accounting profession. 250Words
Explain how big data and data analytics can impact the accounting profession. 250Words
Explain how the use of "Big Data" techniques can impact the process of gathering evidence in...
Explain how the use of "Big Data" techniques can impact the process of gathering evidence in a fraud investigation.
Some car tires can develop what is known as "heel and toe" wear if not rotated...
Some car tires can develop what is known as "heel and toe" wear if not rotated after a certain mileage. To assess this issue, a consumer group investigated the tire wear on two brands of tire, A and B, say. Fifteen cars were fitted with new brand A tires and thirteen with brand B tires, the cars assigned to brand at random. (Two cars initially assigned to brand B suffered serious tire faults other than heel and toe wear, and...
Some car tires can develop what is known as "heel and toe" wear if not rotated...
Some car tires can develop what is known as "heel and toe" wear if not rotated after a certain mileage. To assess this issue, a consumer group investigated the tire wear on two brands of tire, A and B, say. Fifteen cars were fitted with new brand A tires and thirteen with brand B tires, the cars assigned to brand at random. (Two cars initially assigned to brand B suffered serious tire faults other than heel and toe wear, and...
The recent Coronaviruz has had a big impact on our ecomomy, can someone explain to me...
The recent Coronaviruz has had a big impact on our ecomomy, can someone explain to me how the thr following has been effected recently? 1. explain the public goods problem 2. explain the solution to the public goods problem 3. provide 4 examples of public goods that are instrumental in managing / solving the Coronavirus outbreak? ex: world health organization is a public organization 4. comment on how effective these public goods are currently functioning. What could be fone to...
Discuss how inventory levels can impact queuing theory for food or alcohol distribution (Compare food trucks,...
Discuss how inventory levels can impact queuing theory for food or alcohol distribution (Compare food trucks, fast food and sit down restaurants).
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT