According to a recent study annual per capita consumption of milk in the United States is 22.6 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis.

a) What is a point estimate of the difference between mean annual consumption in Webster City and the national mean? (2 decimals)

b) At ? = 0.05, test for a significant difference by completing the following. Calculate the value of the test statistic (2 decimals).

c) The p-value is (4 decimals)

According to a recent study annual per capita consumption of milk in the United States is 21.5 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis.

Given Data:

1. What is a point estimate of the difference between mean annual consumption in Webster City and the national mean? ______ (2 decimals)

2. At ? = 0.05, test for a significant difference by completing the following.

Calculate the value of the test statistic (2 decimals). ______

The p-value is _______ (4 decimals)

According to a recent study annual per capita consumption of milk in the United States is 21.5 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis. 24.8 23.84 25.25 21.3 17.52 19.61 19.83 26.18 34.97 29.9 28.59 20.57 26.94 27.24 What is a point estimate of the difference between mean annual consumption in Webster City and the national mean? (2 decimals). At ? = 0.05, test for a significant difference by completing the following. Calculate the value of the test statistic (2 decimals). The p-value is (4 decimals).

According to the Internal Revenue Service, 80% of all tax returns lead to a refund. A random sample of 100 tax returns is taken, and it was found that 83% of the tax returns in the sample require a refund. Using the sampling distribution of the proportion, calculate the probability that the sample proportion exceeds 85% in the sample of 100 tax returns?

a. 0.1056

b. 0.2266

c. 0.2972

d. 0.0916 30.

In a small town, there are 3,000 registered voters. An editor of a local newspaper would like to predict the outcome of the next election. In particular, he is interested in the likelihood that Eli Brady will be elected. The editor believes that Eli, a local hero, will be supported by 54% of votes. A poll of 500 registered voters is taken. Assuming that the editor’s belief is true, find the standard error of the proportion of voters in favor of Eli Brady?

a. 0.0223

b. 11.1445

c. 0.0204

d. 0.0091

Sam Walton, founder of Walmart, had an early strategy for growing his business related to pricing. The “Opening Price Point” strategy used by Walton involved offering the introductory product in a product line at the lowest point in the market. For example, a minimally equipped microwave oven would sell for less than anyone else in town could sell the same unit. The strategy was that if consumers saw a product, such as the microwave, and saw it as a good value, they would assume that all the microwaves were good values. Walton also noted that most people don’t buy the entry-level product; they want more features and capabilities and often trade up. Choose one side, either defending this strategy or casting this strategy as an unethical act and create a discussion post with your viewpoints as to why you feel this is a valid strategy or is unethical.

How would you create a outline for a podcast with this info:

Monsanto and ConEd are examples of monopolist companies and indicate the role of monopolies in the modern economy. Monsanto shows the dangers of allowing a company to operate with complete control over the price of its products.

• natural monopoly. costs are minimized by having a single supplier Ex: Sempra Energy Utility.
• geographic monopoly. small town, because of its location no other business offers competition Ex: Girdwood gas station.
• government monopoly. government owned and operated business Ex: USPS.
• technological monopoly

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices.

Modern day monopolies ...

Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company

Your roommate, who is a theatre major, is really into murders. They really like watching crime shows and following the news about high-profile deaths. Right now, because of a show they saw, they’re curious about how people use the state of a dead body to figure out how long ago a death occurred. They share that one thing that usually happens after death is called rigor mortis, where the muscles get really stiff. They ask you, “Why does that happen?” You are going out of town for a few days, but you’ll promise you’ll send them a message soon.

To help yourself understand, write a summary of at least >150 words to yourself about how rigor mortis occurs. Use your own words but incorporate scientific terminology and reasoning. Try to get as molecular as possible!

According to a recent study annual per capita consumption of milk in the United States is 23.8 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis.

1. What is a point estimate of the difference between mean annual consumption in Webster City and the national mean?

2. At ? = 0.05, test for a significant difference by completing the following:

Calculate the value of the test statistic (2 decimals).

The p-value is

4. Leslie has been tasked with putting together a statistical report regarding the use of a particular park in her hometown. Previous data shows that 72% of the residents living in the town visited the park in the last month. She wants to know the probability that more than 98 individuals in a random sample of 150 residents have visited the park in the last month. Please Answer A-C

(a) Based on the information given, is the sample proportion p̂ of residents who have visited the park in the last month approximately normally distributed? Check the appropriate conditions to justify your answer

(b) What is the sample proportion p̂ for Leslies sample of 150 residents? Round your answer to two decimal places?

(c) What is the probability that more than 98 individuals in the random sample of 150 residents have visited the park in the last month?

can you check if my answers are correct and can you please type the correct answers for each question

1. 5 points) Trevor is interested in purchasing the local hardware/electronic goods store in a small town in South Ohio. After examining accounting records for the past several years, he found that the store has been grossing over $850 per day about 60% of the business days it is open.

Estimate the probability that the store will gross over $850

1. at least 6 out of 10 business days.   0.633

2. at most 3 of the 10 business days. 0.0547

3. fewer than 7 out of 20 business days. 0.0065

4. more than 16 out of 20 business days. 0.0159

5. What is the expected (mean) number of business days for which the store would gross over $850 in a month (30 days)? 18 days