Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. On average, 4 out 5 customers think that electric cars will dominate the market in 20 years. A random sample of 10 customers is

1. On average, 4 out 5 customers think that electric cars will dominate the market in 20 years. A random sample of 10 customers is selected. Find

(a) the probability that exactly 6 customers think that electric cars will dominate the market in 20 years.

(b) the probability that at least 1 customer thinks that electric cars will dominate the market in 20 years.

(c) the number of customers are expected to think that electric cares will dominate the marks in 20 years.

2. (5 marks) Jake is performing a two tailed one sample t-test Ha : 6= 8.5 with 5% significant level, based on a sample with 30 values. He got the test statistics t0 = 1.82. What decision should he make? Why?

3. Researcher selected a simple random sample of 5413 SUVs in Canada. The observed frequencies of seven most popular SUVs are given in the second column of the follow table. Observed Frequency in Canada Proportion in North America Nissan Rogue 990 0.2 Chevrolet Equinox 883 0.16 Honda CR-V 875 0.17 Toyota RAV4 855 0.15 Ford Explorer 635 0.13 Jeep Grand Cherokee 585 0.10 Jeep Cherokee 590 0.09 Test that the proportions of SUVs in Canada differ significantly from those in the north America given in the third column of the above table at 1% significance level.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra A Combined Approach (Subscription)

Authors: Elayn Martin Gay

5th Edition

013417920X, 9780134179209

More Books

Students also viewed these Mathematics questions

Question

Name the major taxes associated with payrolls. lop5

Answered: 1 week ago

Question

7. One or other combination of 16.

Answered: 1 week ago

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago