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Kruka [31]
2 years ago
10

A recent national survey found that high school students watched an average (mean) of 6.8 DVDs per month with a population stand

ard deviation of 1.8 DVDs. The distribution of DVDs watched per month follows the normal distribution. A random sample of 36 college students revealed that the mean number of DVDs watched last month was 6.2. At the .05 significance level, can we conclude that college students watch fewer DVDs a month than high school students?
value:
10.00 points
Required information
a. State the null hypothesis and the alternate hypothesis.
b. State the decision rule.
c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign.Round your answer to 1 decimal place.)
d. What is your decision regarding H0?
e. What is the p-value? (Round your answer to 4 decimal places.)
Business
1 answer:
Lunna [17]2 years ago
3 0

Answer:

A)Null hypothesis; μ ≥ 6.8

Alternative hypothesis; μ < 6.8

B) The decision rule is that we reject the null hypothesis for all z-scores less than - 1.65

C)test statistic: z = -2

D) We reject Null hypothesis H0.

E) P-value ≈ 0.0228

Explanation:

We are given;

Sample size; n = 36

Population mean; μ = 6.8

Sample mean; x¯ = 6.2

Standard deviation; σ = 1.8

A) Let's state the hypotheses;

Null hypothesis; μ ≥ 6.8

Alternative hypothesis; μ < 6.8

B) The significance level is 0.05.

Let us find out the z-score that corresponds to a probability of 1 - 0.5 - 0.05 = 0.45 in the normal probability table attached.

From the table attached, we can that the corresponding z-score is approximately 1.6 + 0.05 = 1.65

The alternative hypothesis contains less than symbol which means this test is left tailed.

Thus, the rejection region includes all z-scores that are smaller than -1.65. Which means we reject the null hypothesis for all z-scores less than - 1.65

C) Formula for the test statistic is;

z = (x¯ - μ)/(σ/√n)

z = (6.2 - 6.8)/(1.8/√36)

z = -0.6/0.3

z = -2

D) The test statistic gotten is z = -2

This is less than the z-score for the rejection the rejection region is answer B above.

Thus, we reject the null hypothesis.

E) from online p-value from z-score calculator attached , using; z = -2; significance value = 0.05, one tailed hypothesis, we have;

P-value = 0.02275

To 4 decimal places gives;

P-value ≈ 0.0228

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Answer:

0.54

Explanation:

Debt-to-equity ratio = Total Debt ÷ Total Equity

                                 = $107,000  ÷  $197,000

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The company's debt-to-equity ratio equals 0.54

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Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l
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Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>

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When a subsidiary is acquired sometime after the first day of the fiscal year, which of the following statements is true? A) Inc
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Answer:

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Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

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