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Kisachek [45]
3 years ago
5

An economist wondered if people who go grocery shopping on weekdays go more or less often on Fridays than any other day. She fig

ured that if it were truly random, 20% of these shoppers would go grocery shopping on Fridays. She randomly sampled 75 consumers who go grocery shopping on weekdays and asked them on which day they shop most frequently. Of those sampled, 24 indicated that they shop on Fridays more often than other days.The economist conducts a one-proportion hypothesis test at the 1% significance level, to test whether the true proportion of weekday grocery shoppers who go most frequently on Fridays is different from 20%.(a) H0:p=0.2; Ha:p≠0.2, which is a two-tailed test.(b) Use Excel to test whether the true proportion of weekday grocery shoppers who go most frequently on Fridays is different from 20%. Identify the test statistic, z, and p-value from the Excel output, rounding to three decimal places.Provide your answer below:test statistic = p-value =
Mathematics
1 answer:
Kamila [148]3 years ago
5 0

Answer:

There is not enough statistical evidence to state that the true proportion of grocery shoppers from Monday to Friday that goes most frequently on Fridays is different from 20%. The p - value is 0.0130.

Step-by-step explanation:

To solve this problem, we run a hypothesis test about the population proportion.

Proportion in the null hypothesis (p0) = 0.2

Sample size (n) = 75

Sample proportion (sp) = 24/75 = 0.32

Significance level = 0.01

H0: p = 0.2

Ha: p \neq 0.2

Test statistic = (sp - p0) / sqrt ((p0) (1-p0) / n)

Left critical Z value (for 0.01) = -2.5758

Right critical Z value (for 0.01) = 2.5758

Calculated statistic = (0.32 - 0.2) / sqrt ((0.32) (1-0.32) / 75) = 2.2278

Since, -2.5758 < Test statistic < 2.5758, the null hypothesis cannot be rejected. There is not enough statistical evidence to state that the true proportion of grocery shoppers from Monday to Friday that goes most frequently on Fridays is different from 20%. The p - value is 0.0130.

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A company manufactures a brand of lightbulb with a lifetime in months that is normally distributed with mean 3 and variance 1. A
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Answer:

The smallest number of bulbs to be purchased so that the succession of bulbs produces light for at least 40 months with probability at least 0.9772 is 16.

Step-by-step explanation:

Solving a quadratic equation:

Given a second order polynomial expressed by the following equation:

ax^{2} + bx + c, a\neq0.

This polynomial has roots x_{1}, x_{2} such that ax^{2} + bx + c = a(x - x_{1})*(x - x_{2}), given by the following formulas:

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x_{2} = \frac{-b - \sqrt{\Delta}}{2*a}

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Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

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The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

n values from a normal distribution:

The mean is \mu n and the standard deviation is s = \sigma\sqrt{n}

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This means that \mu = 3, \sigma = \sqrt{1} = 1

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The distribution for the sum of n bulds has \mu = 3n, \sigma = \sqrt{n}

What is the smallest number of bulbs to be purchased so that the succession of bulbs produces light for at least 40 months with probability at least 0.9772?

We want that: S_{n} \geq 40 = 0.9772.

This means that when X = 40, Z has a pvalue of 1 - 0.9772 = 0.0228, that is, when X = 40, Z = -2. So

Z = \frac{X - \mu}{\sigma}

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Using y = \sqrt{n}

3y^2 - 2y - 40 = 0

Which is a quadratic equation with a = 3, b = -2, y = -40

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y_{1} = \frac{-(-2) + \sqrt{484}}{2*3} = 4

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