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lesya [120]
4 years ago
5

Question set 1: One instructor believes that students take more than 2 classes per quarter on average. He randomly interviewed a

class of 24 students and found out the mean number of classes per quarter is 2.3 classes and standard deviation of 0.8. Assume alpha is 0.05. (a) Set up the hypothesis..
Mathematics
1 answer:
Sveta_85 [38]4 years ago
3 0

Answer:

There is statistical evidence at 95% level to claim that students attend more than 2 classes per quarter

Step-by-step explanation:

Given that one instructor believes that students take more than 2 classes per quarter on average. Let X be the no of classes students take.

H_0: \bar x =2\\H_a: \bar x >2

(Right tailed test at 5% significance level)

\bar x =2,3 \\s = 0.8

Mean difference = 2.3-2=0.3

Std error = \frac{0.8}{\sqrt{24} } \\=0.1633

Test statistic t = mean diff/std error = 1.84

p value =0.039

Since p <0.05, we reject null hypothesis.

There is statistical evidence at 95% level to claim that students attend more than 2 classes per quarter

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6 × 6 × 6

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Hope that helped.

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Amber earns £7 for each hour she works from Monday to Friday. She earns £10 for each hour she works on Saturday. One week Amber
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8 0
4 years ago
Marvin Company has a beginning inventory of 12 sets of paints at a cost of $1.50 each. During the year, the store purchased 4 se
mariarad [96]

Answer:

(a) 13

(b) LIFO: $19.60; FIFO: $37.50; Avg: $28.26

Step-by-step explanation:

(a) The starting inventory was 12 sets. Added to that were 4, 6, 6, 10, to make a total of 38 paint sets. 25 were sold, so 13 remained at the end of the year.

(b)

LIFO

Sets purchased at the end of the year are sold first (last-in, first-out). So the sets remaining in inventory are the ones purchased at the beginning of the year. Those 13 sets cost [email protected] [email protected] = $19.60.

FIFO

Sets purchased first are sold first, so the sets remaining in inventory are the ones purchased last. Those 13 sets cost [email protected] [email protected] = $37.50.

Avg

The total cost of all inventory purchases was ...

... [email protected] [email protected] [email protected] [email protected] [email protected]

... = 18.00 +6.40 +13.20 +15.00 +30.00 = $82.60

Then the value of the remaining 13 of the 38 items bought is ...

... (13/38)·$82.60 = $28.26.

_____

I find it convenient to let a spreadsheet do the arithmetic.

6 0
3 years ago
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