Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. A farmer is trying out a planting technique that he hopes will increase the yield on his pea plants. The average number of pods

image text in transcribed
image text in transcribed
4. A farmer is trying out a planting technique that he hopes will increase the yield on his pea plants. The average number of pods on one of his pea plants is 145 pods with a standard deviation of 100 pods. This year, after trying his new planting technique, he takes a random sample of his plants and finds the average number of pods to be 147 . He wonders whether this is a statistically significant increase. What are his hypotheses, the test statistic, and if we reject the HO or not? You need to use the Q3 sheet in the Excel file, to clearly, and concisely, explain your decision-making process. Note that n=144. (20 Points) * \[ \begin{array}{l} H 0: m u=145, z_{\text {_test }}=0.24, \text { fail to reject } \\ H 0: m u>=145, H 1: m u145, z_{\text {_test }}=0.24, \text { reject } \\ H 0: m u=145, z_{\text {_test }}=-0.24 \text {, fail to reject } \end{array} \] \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{1 Payment } \\ \hline 2 & payment id & customer id & staff id & rental id & amount \\ \hline 3 & 1 & 101 & 1. & 5 & 1.99 \\ \hline 4 & 2 & 105 & 1. & 5 & 1.99 \\ \hline 5 & 3 & 101 & 2 & 6 & 2.99 \\ \hline 6 & 4 & 103 & 2 & 4 & 3.99 \\ \hline 7 & 5 & 102 & 1 & 1 & 5.99 \\ \hline 8 & 6 & 104 & 2 & 9 & 4.99 \\ \hline 9 & & & & & \\ \hline \multicolumn{6}{|c|}{10 Customer } \\ \hline 11 & customer id & store_id & first_name & last name & \\ \hline 12 & 101 & 1 & Mo & Ashtari & \\ \hline 13 & 102 & 2 & James & Dean & \\ \hline 1. & 103 & 4 & Brad & Pitt & \\ \hline 1 & 104 & 1 & Penelope & cruz & \\ \hline 1 & 105 & 1 & Julia & Roberts & \\ \hline & 106 & 2 & Sean & Connery & \\ \hline \end{tabular}

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

Introduction To Management Accounting

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Dave Burgstahler, Jeff O. Schatzberg

16th Global Edition

0273790013, 978-0273790013

More Books

Students also viewed these Accounting questions