Question

In: Statistics and Probability

(Round all intermediate calculations to at least 4 decimal places.) It is advertised that the average...

(Round all intermediate calculations to at least 4 decimal places.) It is advertised that the average braking distance for a small car traveling at 75 miles per hour equals 120 feet. A transportation researcher wants to determine if the statement made in the advertisement is false. She randomly test drives 36 small cars at 120 miles per hour and records the braking distance. The sample average braking distance is computed as 111 feet. Assume that the population standard deviation is 20 feet. Use Table 1. a. State the null and the alternative hypotheses for the test. H0: μ = 120; HA: μ ≠ 120 H0: μ ≥ 120; HA: μ < 120 H0: μ ≤ 120; HA: μ > 120 b. Calculate the value of the test statistic and the p-value. (Negative values should be indicated by a minus sign. Round "Test statistics" to 2 decimal places. Round "p-value" to 4 decimal places.) Test statistics p-value The p-value is: 0.01 Picture p-value < 0.025 0.025 Picture p-value < 0.05 0.05 Picture p-value < 0.10 p-value Picture 0.10 p-value < 0.01 c. Use α = 0.01 to determine if the average breaking distance differs from 120 feet. The average breaking distance is different from 120 miles. d. Repeat the test with the critical value approach. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.) Critical values are and and we H0.

Solutions

Expert Solution

(a)
Correct option:
H0: = 120; HA: 120

(b)
SE = /

= 20/ = 3.3333

Test statistic is:
Z = (111 - 120)/3.3333 = - 2.70

So,

Test statistic is:

Z = - 2.70

(c)
Table of Area Under Standard Normal Curve gives area = 0.4965

So,

P- Value = (0.5 - 0.4965) X 2 = 0.0070

So,

Correct option:

P - Value < 0.025
Since P - value = 0.0070 is less than = 0.01, the difference is significant. Reject null hypothesis.

Conclusion:

The data support the claim that the average breaking distance is different from 120 miles.

(d)

= 0.01

From Table, critical values of Z = 2.576

Since the calculated value of Z = - 2.70 is less than critical value of Z = - 2.576, the difference is significant. Reject null hypothesis.

Conclusion:

The data support the claim that the average breaking distance is different from 120 miles.


Related Solutions

(Round all intermediate calculations to at least 4 decimal places.) A machine that is programmed to...
(Round all intermediate calculations to at least 4 decimal places.) A machine that is programmed to package 2.05 pounds of cereal in each cereal box is being tested for its accuracy. In a sample of 26 cereal boxes, the mean and standard deviation are calculated as 2.08 pounds and 0.14 pound, respectively. Use Table 2. a. Select the null and the alternative hypotheses to determine if the machine is working improperly, that is, it is either underfilling or overfilling the...
(Round all intermediate calculations to at least 4 decimal places.) In order to conduct a hypothesis...
(Round all intermediate calculations to at least 4 decimal places.) In order to conduct a hypothesis test for the population variance, you compute s2 = 87 from a sample of 21 observations drawn from a normally distributed population. Use the critical value approach to conduct the following tests at α = 0.10. Use Table 3.    H0: σ2 ≤ 56; HA: σ2 > 56    a-1. Calculate the value of the test statistic. (Round your answer to 2 decimal places.)...
(Round all intermediate calculations to at least 4 decimal places.) According to a Health of Boston...
(Round all intermediate calculations to at least 4 decimal places.) According to a Health of Boston report, female residents in Boston have a higher average life expectancy as compared to male residents (The Boston Globe, August 16, 2010). You collect the following sample data to verify the results of the report. You also use the historical (population) standard deviation of 8.2 years for females and 8.6 years for males. (You may find it useful to reference the appropriate table: z...
(Round all intermediate calculations to at least 4 decimal places.) A financial analyst maintains that the...
(Round all intermediate calculations to at least 4 decimal places.) A financial analyst maintains that the risk, measured by the variance, of investing in emerging markets is more than 256(%)2. Data on 44 stocks from emerging markets revealed the following sample results: x¯x¯ = 20.6(%) and s2 = 352(%)2. Assume that the returns are normally distributed. Use Table 3.     a. Select the competing hypotheses to test the analyst's claim. H0: σ2 ≤ 256; HA: σ2 > 256 H0: σ2...
(Round all intermediate calculations to at least 4 decimal places.) A local bottler in Hawaii wishes...
(Round all intermediate calculations to at least 4 decimal places.) A local bottler in Hawaii wishes to ensure that an average of 16 ounces of passion fruit juice is used to fill each bottle. In order to analyze the accuracy of the bottling process, he takes a random sample of 43 bottles. The mean weight of the passion fruit juice in the sample is 15.71 ounces. Assume that the population standard deviation is 0.68 ounce. Use Table 1. Use the...
(Round all intermediate calculations to at least 4 decimal places.) Consider the following measures based on...
(Round all intermediate calculations to at least 4 decimal places.) Consider the following measures based on independently drawn samples from normally distributed populations: Use Table 4. Sample 1: s21s12 = 250, and n1 = 16 Sample 2: s22s22 = 231, and n2 = 11    a. Construct the 90% interval estimate for the ratio of the population variances. (Round "F" value and final answers to 2 decimal places.)   Confidence interval   to        b. Using the confidence interval from Part...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that he wishes to develop. He identifies two development options: build condominiums or build apartment buildings. Accordingly, he reviews public records and derives the following summary measures concerning annual profitability based on a random sample of 31 for each such local business ventures. For the analysis, he uses a historical (population) standard deviation of $23,500 for condominiums and $19,800 for apartment buildings. (You may find...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that...
(Round all intermediate calculations to at least 4 decimal places.) An entrepreneur owns some land that he wishes to develop. He identifies two development options: build condominiums or build apartment buildings. Accordingly, he reviews public records and derives the following summary measures concerning annual profitability based on a random sample of 35 for each such local business ventures. For the analysis, he uses a historical (population) standard deviation of $21,800 for condominiums and $19,600 for apartment buildings. (You may find...
(Round all intermediate calculations to at least 4 decimal places.) Consider the following sample regressions for...
(Round all intermediate calculations to at least 4 decimal places.) Consider the following sample regressions for the linear, the quadratic, and the cubic models along with their respective R2 and adjusted R2. Linear Quadratic Cubic Intercept 25.97 20.73 16.20 x 0.47 2.82 6.43 x2 NA −0.20 −0.92 x3 NA NA 0.04 R2 0.060 0.138 0.163 Adjusted R2 0.035 0.091 0.093 pictureClick here for the Excel Data File a. Predict y for x = 3 and 5 with each of the...
ROUND ALL CALCULATIONS TO TWO (2) DECIMAL PLACES a. (15 pts) Please draw the Keynesian Cross...
ROUND ALL CALCULATIONS TO TWO (2) DECIMAL PLACES a. (15 pts) Please draw the Keynesian Cross assuming the following information. Be sure to specify at what point consumption and disposable income are equal. Marginal Propensity to Consume = .88 Autonomous Consumption = $525 b. (5 pts) Assume that your disposable income is $760. How much are you consuming? Are you saving or dissaving? c. (10 pts) Assume that autonomous consumption increases to $890. Please illustrate this change on graph from...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT