Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.For the following problems, identify the claim and state the null and alternate hypotheses, determine the critical value, find the test statistic, determine whether to

1.For the following problems, identify the claim and state the null and alternate hypotheses, determine the critical value, find the test statistic, determine whether to reject or fail to reject the null hypothesis, and interpret the decision in the context of the original claim.

a.The store manager claims that the median number of customers per day through the checkout lines is no more than 225. A sample of customers per day through the checkout lines over 15 days is listed below. At .05 can you reject the manager's claim?

215224261208194198230216

213200154223210174187

b.A loan officer at a bank maintains that the median credit rating of its customers pursuing a mortgage loan is at least 695. The credit scores for 20 randomly selected mortgage loan customers is listed below. At .05 can you reject the loan officer's claim?

617695706631711625653612707

719605619621699644665697609

687711

c.A local police agency states that the median ticket cost for a speeding ticket issued is $185.In a random sample of 35 speeding tickets, the data is below. Can you reject the claim that the median ticket cost for a speeding ticket is $185?

1541581351571851001781401779711199115156147102140175185114142128224159131187167145120218195201130194221

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

Boundary Value Problems And Partial Differential Equations

Authors: David L Powers, Powers Shelley

6th Edition

0080884415, 9780080884417

More Books

Students also viewed these Mathematics questions

Question

=+1. Who is responsible for CSRfirms or their stakeholders? Why?

Answered: 1 week ago