• Q : Proportion of crankshaft bearings....
    Finance Basics :

    Does this data present strong evidence that the proportion of crankshaft bearings exhibiting excess surface roughness exceeds 0.10? State and test the appropriate hypotheses using a = 0.05.

  • Q : Determining the urban community....
    Finance Basics :

    If it is found that 20 of 200 adult women in the urban community have breast cancer and 10 of 150 adult women in the rural community have breast cancer, can we conclude at the 0.05 level of signific

  • Q : Types of institutions having an average salary....
    Finance Basics :

    Assume a sample of 200 associate professors from research institutions having an average salary of $70,750 per year with a standard deviation of S6000. Assume also a sample of 200 associate professo

  • Q : Population variances in percent absorbency....
    Finance Basics :

    Assume that the percent absorbency is approximately normally distributed and that the population variances in percent absorbency for the two fibers are the same. Use a significance level of 0.05.

  • Q : Distribution of sodium contents....
    Finance Basics :

    If a random sample of 20 similar servings of certain cereal has a mean sodium content of 244 milligrams and a standard deviation of 24.5 milligrams, does this suggest at the 0.05 level of significan

  • Q : Concentration of pcb....
    Finance Basics :

    Studies show that the concentration of PCBs is much higher in malignant breast tissue than in normal breast tissue. If a study of 50 women with breast cancer reveals an average PCB concentration of

  • Q : P-value in conclusion....
    Finance Basics :

    Do we have reason to believe that fewer than 1/5 are heated by oil if, in a random sample of 1000 homes in this city, it is found that 136 are heated by oil? Use a P-value in your conclusion.

  • Q : Automobile manufacturing company....
    Finance Basics :

    A large automobile manufacturing company is trying to decide whether to purchase brand A or brand B tires for its new models. To help arrive at a decision, an experiment is conducted using 12 of eac

  • Q : Average tensile strength....
    Finance Basics :

    Type A thread had an average tensile strength of 86.7 kilograms with known standard deviation of s A = 6.28 kilograms, while type B thread had an average tensile strength of 77.8 kilograms with know

  • Q : Test an appropriate set of hypotheses....
    Finance Basics :

    Formulate and test an appropriate set of hypotheses to determine if the machine can be qualified. Use a = 0.05. Find the P-value for the test in part (a).

  • Q : Normal population with a standard deviation....
    Finance Basics :

    A random sample of size n1 = 25, taken from a normal population with a standard deviation s1 = 5.2, has a mean x1 = 81. A second random sample of size n2 = 36, taken from a different normal populati

  • Q : Soft-drink dispensing machine....
    Finance Basics :

    A soft-drink dispensing machine is said to be out of control if the variance of the contents exceeds 1.15 deciliters. If a random sample of 25 drinks from this machine has a variance of 2.03 decilit

  • Q : Equal proportions of peanuts....
    Finance Basics :

    If a can containing 500 nuts is selected at random from each of three different distributors of mixed nuts and there are, respectively, 345, 313, and 359 peanuts in each of the cans, can we conclude

  • Q : Proportion of rats developing tumors....
    Finance Basics :

    Would we have reason to believe that the proportion of rats developing tumors when subjected to this diet has increased if the experiment were repeated and 16 of 48 rats developed tumors? Use a 0.05

  • Q : Level of significance that the observed distribution....
    Finance Basics :

    A coin is thrown until a head occurs and the number X of tosses recorded. After repeating the experiment 256 times, we obtained the following results. Test the hypothesis at, the 0.05 level of sign

  • Q : Determining the average cholesterol level....
    Finance Basics :

    Can we conclude, at the 5% level of significance, that the average cholesterol level has been reduced due to the program? Make the appropriate test on means.

  • Q : Length of time between men and women....
    Finance Basics :

    A study is conducted to compare the length of time between men and women to assemble a certain product. Past experience indicates that the distribution of times for both men and women is approximate

  • Q : Percent resting metabolic rate....
    Finance Basics :

    A study at the University of Colorado at Boulder shows that running increases the percent resting metabolic rate (RMR) in older women. The average RMR of 30 elderly women runners was 34.0% higher th

  • Q : Proportions of parents in the states of maryland....
    Finance Basics :

    A study was made to determine whether there is a difference between the proportions of parents in the states of Maryland (MD), Virginia (VA), Georgia (GA), and Alabama (AL) who favor placing Bibles

  • Q : Attitude of voters concerning school busing....
    Finance Basics :

    A survey was conducted in Indiana, Kentucky, and Ohio to determine the attitude of voters concerning school busing. A poll of 200 voters from each of these states yielded the following results. At t

  • Q : Determining the equal variances....
    Finance Basics :

    Would you say that the laboratory course increases the average grade by as much as 8 points? Use a P-value in your conclusion and assume the populations to be approximately normally distributed with

  • Q : Proportion of italians....
    Finance Basics :

    Can we conclude that a higher proportion of Italians than Americans prefer white champagne at weddings? Use a 0.05 level of significance.

  • Q : Distributions of life spans for regular and restricted diets....
    Finance Basics :

    Test the hypothesis at the 0.05 level of significance that the average life span of mice on this restricted diet is increased by 8 months against the alternative that the increase is less than 8 mon

  • Q : Probability of vacancies in statistics department....
    Finance Basics :

    There are two vacancies in a certain statistics department in the United States. Five individuals apply. Two have expertise in linear models and one has expertise in applied probability. The search

  • Q : Illegal possession of narcotics....
    Finance Basics :

    If the customs official selects 3 of the tablets at random for analysis, what is the probability that the traveler will be arrested for illegal possession of narcotics?

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