Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Tesla is a leader in the electric car industry. A competitor is investigating the efficiency of Tesla's Model S, which Tesla claims is 100

image text in transcribed
1. Tesla is a leader in the electric car industry. A competitor is investigating the efficiency of Tesla's Model S, which Tesla claims is 100 mpg-e. [Note: in order to compare the energy used by electric cars to conventional gasoline-fueled and hybrid cars, the efficiency is measured in equivalent miles-per-gallon denoted as mpg-e.] The competitor would like to test this claim against the alternative that the true efficiency is less than 100 mpg-e, at significance a = 0.05. Assume the population distribution of Model S efficiency is approximately normal. A sample of 10 cars is tested, resulting in a mean efficiency of 96.5 mpg-e and a standard deviation of 8. a) Briefly explain why a left-tailed ("less than") hypothesis test is the best choice here. b) Identify the critical region and state whether or not the null hypothesis is rejected. c) Approximate the minimum significance level with which the null hypothesis is rejected. [i.e. find the P-value.] 1) The competitor is confused by the conclusion of this hypothesis test and the relatively high P-value, since the sample mean of 96.5 mpg-e is much less than the claimed population mean of 100 mpg-e. Briefly explain this conundrum AND provide a recommendation to the competitor for a follow-up experimental study where the hypothesis test P-value is likely to be much smaller (i.e. what should they change to lower the minimum significance level for rejection of the null hypothesis?)

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_2

Step: 3

blur-text-image_3

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

Calculus With Applications, Version

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

10th Edition

032183111X, 9780321831118

More Books

Students also viewed these Mathematics questions

Question

Can the logical implication be reversed?

Answered: 1 week ago

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago