Question

In: Statistics and Probability

Test the following hypotheses and interpret your findings. Hypothesis Sample Findings Sample Size Confidence Level Your...

Test the following hypotheses and interpret your findings.

Hypothesis

Sample

Findings

Sample

Size

Confidence

Level

Your Test

Results

Your

Findings

Mean: 7.5

Std. Dev.: 1.2

Mean: 8.5

670

95%

Percent: 86%

p = 95%

1000

99%

Mean: 125

Std. Dev.: 15

135

500

95%

Percent: 33%

p = 31

120

99%

Solutions

Expert Solution

Ans 1 ) using excel

Z Test of Hypothesis for the Mean
Data
Null Hypothesis                    m= 7.5
Level of Significance 0.05
Population Standard Deviation 1.2
Sample Size 670
Sample Mean 8.5
Intermediate Calculations
Standard Error of the Mean 0.046360045
Z Test Statistic 21.57029851
Two-Tail Test
Lower Critical Value -1.959963985
Upper Critical Value 1.959963985
p-Value 0
Reject the null hypothesis

we will reject Ho because p value is 0

Ans 2 ) using excel

Z Test of Hypothesis for the Proportion
Data
Null Hypothesis        p = 0.86
Level of Significance 0.01
Number of Items of Interest 950
Sample Size 1000
Intermediate Calculations
Sample Proportion 0.95
Standard Error 0.010972693
Z Test Statistic 8.202179436
Two-Tail Test
Lower Critical Value -2.575829304
Upper Critical Value 2.575829304
p-Value 2.22045E-16
Reject the null hypothesis

we will reject Ho because p value is less than 0.01

Ans 3 ) using excel

Z Test of Hypothesis for the Mean
Data
Null Hypothesis                    m= 125
Level of Significance 0.05
Population Standard Deviation 15
Sample Size 500
Sample Mean 135
Intermediate Calculations
Standard Error of the Mean 0.670820393
Z Test Statistic 14.90711985
Two-Tail Test
Lower Critical Value -1.959963985
Upper Critical Value 1.959963985
p-Value 0
Reject the null hypothesis

we will reject Ho because p value is less than 0.05

Ans 4 ) using excel

we have

Z Test of Hypothesis for the Proportion
Data
Null Hypothesis        p = 0.33
Level of Significance 0.01
Number of Items of Interest 31
Sample Size 120
Intermediate Calculations
Sample Proportion 0.258333333
Standard Error 0.042924352
Z Test Statistic -1.669603925
Two-Tail Test
Lower Critical Value -2.575829304
Upper Critical Value 2.575829304
p-Value 0.094997753
Do not reject the null hypothesis

do not reject Ho because p value 0.095 > 0.01


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