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Pani-rosa [81]
3 years ago
7

Using the information above regarding the proportion of agenda-less meetings, choose the correct conclusion for this hypothesis

test.
H0:p=0.45 ; Ha:p>0.45
The p-value for this hypothesis test is 0.025.
The level of significance is α=0.05
Select the correct answer below:


There is sufficient evidence to conclude that the proportion of agenda-less meetings is greater than 45%.


There is NOT sufficient evidence to conclude that the proportion of agenda-less meetings isgreater than 45%.


There is sufficient evidence to conclude that the proportion of agenda-less meetings is greater than 55%.


There is NOT sufficient evidence to conclude that the proportion of agenda-less meetings is greater than 55%.
Mathematics
1 answer:
ruslelena [56]3 years ago
3 0

Answer: There is sufficient evidence to conclude that the proportion of agenda-less meetings is greater than 45%.

Step-by-step explanation:

Given: H_0:p=0.45 \\ H_a:p>0.45

The p-value for this hypothesis test is 0.025.

The level of significance is α=0.05

As p-value< α  ∵0.025< 0.05

[if p-value< α , we reject H_0]

then, we reject the null hypothesis.

i.e. We have sufficient evidence to support the alternative hypothesis.

Hence, the correct statement is : There is sufficient evidence to conclude that the proportion of agenda-less meetings is greater than 45%.

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At one point the average price of regular unleaded gasoline was ​$3.39 per gallon. Assume that the standard deviation price per
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Complete Question

At one point the average price of regular unleaded gasoline was ​$3.39 per gallon. Assume that the standard deviation price per gallon is ​$0.07 per gallon and use​ Chebyshev's inequality to answer the following.

​(a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean?

​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.5 standard deviations of the​ mean?

​(c) What is the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​?

Answer:

a) 88.89% lies with 3 standard deviations of the mean

b) i) 84% lies within 2.5 standard deviations of the mean

ii) the gasoline prices that are within 2.5 standard deviations of the​ mean is $3.215 and $3.565

c) 93.75%

Step-by-step explanation:

Chebyshev's theorem is shown below.

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

2) At least 75% or 3/4 of the data for a set of numbers lies within 2 standard deviations of the mean. The number could be greater.μ - 2σ and μ + 2σ.

3) At least 88.89% or 8/9 of a data set lies within 3 standard deviations of the mean.μ - 3σ and μ + 3σ.

4) At least 93.75% of a data set lies within 4 standard deviations of the mean.μ - 4σ and μ + 4σ.

​

(a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean?

We solve using the first rule of the theorem

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

Hence, k = 3

1 - 1/k²

= 1 - 1/3²

= 1 - 1/9

= 9 - 1/ 9

= 8/9

Therefore, the percentage of gasoline stations had prices within 3 standard deviations of the​ mean is 88.89%

​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean?

We solve using the first rule of the theorem

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

Hence, k = 3

1 - 1/k²

= 1 - 1/2.5²

= 1 - 1/6.25

= 6.25 - 1/ 6.25

= 5.25/6.25

We convert to percentage

= 5.25/6.25 × 100%

= 0.84 × 100%

= 84 %

Therefore, the percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean is 84%

What are the gasoline prices that are within 2.5 standard deviations of the​ mean?

We have from the question, the mean =$3.39

Standard deviation = 0.07

μ - 2.5σ

$3.39 - 2.5 × 0.07

= $3.215

μ + 2.5σ

$3.39 + 2.5 × 0.07

= $3.565

Therefore, the gasoline prices that are within 2.5 standard deviations of the​ mean is $3.215 and $3.565

​(c) What is the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​?

the mean =$3.39

Standard deviation = 0.07

Applying the 2nd rule

2) At least 75% or 3/4 of the data for a set of numbers lies within 2 standard deviations of the mean. The number could be greater.μ - 2σ and μ + 2σ.

the mean =$3.39

Standard deviation = 0.07

μ - 2σ and μ + 2σ.

$3.39 - 2 × 0.07 = $3.25

$3.39 + 2× 0.07 = $3.53

Applying the third rule

3) At least 88.89% or 8/9 of a data set lies within 3 standard deviations of the mean.μ - 3σ and μ + 3σ.

$3.39 - 3 × 0.07 = $3.18

$3.39 + 3 × 0.07 = $3.6

Applying the 4th rule

4) At least 93.75% of a data set lies within 4 standard deviations of the mean.μ - 4σ and μ + 4σ.

$3.39 - 4 × 0.07 = $3.11

$3.39 + 4 × 0.07 = $3.67

Therefore, from the above calculation we can see that the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​ corresponds to at least 93.75% of a data set because it lies within 4 standard deviations of the mean.

4 0
3 years ago
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