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Basic Business Statistics Study Set 4
Quiz 9: Fundamentals of Hypothesis Testing: One-Sample Tests
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Question 161
True/False
TABLE 9-1
\text { TABLE 9-1 }
TABLE 9-1
Microsoft Excel was used on a set of data involving the number of parasites found on 46 Monarch butterflies captured in Pismo Beach State Park. A biologist wantsto know if the mean number of parasites per butterfly is over 20 . She will make her decision usinga test witha level of significance of
0.10
0.10
0.10
. The following informationwas extracted from the Microsoft Excel outputfor the sample of 46 Monarchbutterflies:
n
=
46
;
Arithmetic Mean
=
28.00
;
Standard Deviation
=
25.92
;
Standard Error
=
3.82
;
Null Hypothesis:
H
0
:
μ
≤
20.000
;
α
=
0.10
;
d
f
=
45
;
T
Test Statistic
=
2.09
;
One-Tailed Test Upper Critical Value
=
1.3006
;
p-value
=
0.021
;
Decision = Reject.
\begin{array}{llcc} \hline n=46 ; \text { Arithmetic Mean }=28.00 ; \text { Standard Deviation }=25.92 ; \text { Standard Error }=3.82 ; \\\text { Null Hypothesis:} H_{0}: \mu \leq 20.000 ; \alpha=0.10 ; d f=45 ; T \text { Test Statistic} = 2.09;\\\text { One-Tailed Test Upper Critical Value} =1.3006 ;\text { p-value} =0.021 ; \text { Decision = Reject.}\\\hline\end{array}
n
=
46
;
Arithmetic Mean
=
28.00
;
Standard Deviation
=
25.92
;
Standard Error
=
3.82
;
Null Hypothesis:
H
0
:
μ
≤
20.000
;
α
=
0.10
;
df
=
45
;
T
Test Statistic
=
2.09
;
One-Tailed Test Upper Critical Value
=
1.3006
;
p-value
=
0.021
;
Decision = Reject.
-Referring to Table 9-1, the biologist can conclude that there is sufficient evidence to show that the average number of parasites per Monarch butterfly in Pismo Beach State Park is over 20 with no more than a 5% probability of incorrectly rejecting the true null hypothesis.
Question 162
True/False
TABLE 9-6 The quality control engineer for a furniture manufacturer is interested in the mean amount of force necessary to produce cracks in stressed oak furniture. She performs a two-tailed test of the null hypothesis that the mean for the stressed oak furniture is 650. The calculated value of the Z test statistic is a positive number that leads to a p-value of 0.080 for the test. -Referring to Table 9-6, suppose the engineer had decided that the alternative hypothesis to test was that the mean was greater than 650. Then if the test is performed with a level of significance of 0.10, the null hypothesis would be rejected.
Question 163
True/False
TABLE 9-5 A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45, versus an alternative that the mean age is greater than 45. They take a sample and calculate a p-value of 0.0202. -Referring to Table 9-5, the null hypothesis would be rejected at a significance level of α = 0.05.
Question 164
True/False
TABLE 9-8 One of the biggest issues facing e-retailers is the ability to turn browsers into buyers. This is measured by the conversion rate, the percentage of browsers who buy something in their visit to a site. The conversion rate for a company's web site was 10.1% The web site at the company was redesigned in an attempt to increase its conversion rates. Samples of 200 browsers at the redesigned site were selected. Suppose that 24 browsers made a purchase. The company officials would like to know if there is evidence of an increase in conversion rate at the 5% level of significance. -Referring to Table 9-8, the null hypothesis would be rejected.
Question 165
True/False
TABLE 9-1
\text { TABLE 9-1 }
TABLE 9-1
Microsoft Excel was used on a set of data involving the number of parasites found on 46 Monarch butterflies captured in Pismo Beach State Park. A biologist wantsto know if the mean number of parasites per butterfly is over 20 . She will make her decision usinga test witha level of significance of
0.10
0.10
0.10
. The following informationwas extracted from the Microsoft Excel outputfor the sample of 46 Monarchbutterflies:
n
=
46
;
Arithmetic Mean
=
28.00
;
Standard Deviation
=
25.92
;
Standard Error
=
3.82
;
Null Hypothesis:
H
0
:
μ
≤
20.000
;
α
=
0.10
;
d
f
=
45
;
T
Test Statistic
=
2.09
;
One-Tailed Test Upper Critical Value
=
1.3006
;
p-value
=
0.021
;
Decision = Reject.
\begin{array}{llcc} \hline n=46 ; \text { Arithmetic Mean }=28.00 ; \text { Standard Deviation }=25.92 ; \text { Standard Error }=3.82 ; \\\text { Null Hypothesis:} H_{0}: \mu \leq 20.000 ; \alpha=0.10 ; d f=45 ; T \text { Test Statistic} = 2.09;\\\text { One-Tailed Test Upper Critical Value} =1.3006 ;\text { p-value} =0.021 ; \text { Decision = Reject.}\\\hline\end{array}
n
=
46
;
Arithmetic Mean
=
28.00
;
Standard Deviation
=
25.92
;
Standard Error
=
3.82
;
Null Hypothesis:
H
0
:
μ
≤
20.000
;
α
=
0.10
;
df
=
45
;
T
Test Statistic
=
2.09
;
One-Tailed Test Upper Critical Value
=
1.3006
;
p-value
=
0.021
;
Decision = Reject.
-Referring to Table 9-1, the value of þ is 0.90.
Question 166
True/False
Just reporting the results of hypothesis tests that show statistical significance but omitting those for which there is insufficient evidence in the findings is considered an ethical practice.