FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

A company that makes commemorative metal wrist bands can save money if they buy strips of metal that are 19 cm long.To see if that

A company that makes commemorative metal wrist bands can save money if they buy strips of metal that are 19 cm long.To see if that is cost effective (i.e., they can mostly use only one strip per band) most people should have wrists less than 19 cm to require only 1 strip to make a wrist band. So, they measured wrist diameters for a sample of 252 people. At a level of p <0.05, is it likely that average wrist size will require only one band?

WRIST
17.1
18.2
16.6
18.2
17.7
18.8
17.7
18.8
18.2
19.2
18.5
19
17.7
18.8
18.2
16.9
17.3
19.3
18.5
18.2
18.4
19.9
16.7
17.1
17.6
17.7
16.5
17
17.2
17.6
18.4
17.9
18.8
18.7
19.7
17
19
19.4
21.4
18.3
21.4
17.4
18.4
18.8
16.1
18.3
17.3
17.9
16.3
16.8
17.3
17.2
16.9
18.5
18.5
18.9
18.5
19.2
18.2
18.5
20.2
18.3
19.1
18.8
18.4
18.7
17.4
18.7
18.1
17.3
18.6
18.3
18.2
16.9
16.8
18.3
18.1
18.8
18.3
19
19
17.7
19
19.2
18
18.2
18.8
18.1
18.8
18.7
17.7
18.8
18.4
19.1
17.8
20.4
18.5
18.2
18.2
18.3
18.6
17
18.4
19.7
17.7
18.8
18.1
19.1
19.2
17.3
18.1
17.4
19.8
17.4
17.5
17.3
18.1
19.5
18.5
18
19.5
18.4
17.6
17.6
18
17.6
17.2
17.4
18.1
17.7
17.6
17.1
17.9
17.3
18.1
17.6
17.1
17.7
17.6
18.7
16.6
17.8
17.9
18.2
18.3
17.3
18.7
18.4
16.9
18.4
17.8
19.6
17.4
17.9
19.4
17.7
19.1
18.6
16.9
18.2
16.5
19.1
19.7
16.5
18.5
19.4
17.7
19.8
18.8
17.4
17.7
16.9
17.7
17.8
20.1
16.9
16.7
18.4
18.1
19.9
19
16.5
17.2
17.4
17.7
18.2
20
19.1
18.8
18.5
17.9
19.9
18.7
18.5
17.1
18.8
17.4
16.9
18.5
18.8
18.6
17.4
18.7
18.4
17.4
19.4
17.3
18.4
17.7
17.6
17.4
18.9
18.6
19
18
18.4
17.8
18.6
19.2
17.1
18.9
19.6
17.8
17
19.2
15.8
18.8
18.4
18.8
19
16.9
19
18
17.6
18.3
18.3
19
18.5
18.3
19.1
16.5
19.4
19.5
19.5
18.5
18.5
18.8
18.5
20.1
18
19.8
20.9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Essentials Of Forensic Accounting

Essentials Of Forensic Accounting

Authors: Michael A Crain, William S Hopwood

2nd Edition

1948306441, 978-1948306447

Students also viewed these Mathematics questions

Question

★★★★★
In 2011, 90,000 fires in the United States were started by a lighted tobacco product. The dollar value of the property lost in these fires is staggering. In that same year, fires caused by dropped or...

Answered: 1 week ago

Question

★★★★★
Gender Roles Gender roles are reinforced through the toys given to girls and boys. Visit a local toy store or a local bookstore and look at the toys or books that are designed for boys and girls ages...

Answered: 1 week ago

Question

★★★★★
Nadeau Company, a small company following ASPE, is adjusting and correcting its books at the end of 2017. In reviewing its records, it compiles the following information. 1. Nadeau has failed to...

Answered: 1 week ago

Question

★★★★★
ACC 1003 Financial Accounting Topic 1- Accounting in Business Exercises- Accounting Equation 2. Owner invested $60,000 cash in the company along with equipment that had a $15,000 market value. b. The...

Answered: 1 week ago

Question

★★★★★
Essay A . Assume that Japan is a small country, unable to affect world prices. It imports sugar at a price of $10 per bag. The demand curve in Japan is D=1000 - 25P and the supply curve is S=100 +...

Answered: 1 week ago

Question

★★★★★
Cain Company reports net cash provided by operating activities of $33,000. It also reports the following information under "Adjustments to reconcile net income to net cash provided by operating...

Answered: 1 week ago

Question

★★★★★
The following data represent the monthly phone use, in minutes, of a customer enrolled in a fraud prevention program for the past 20 months. The phone company decides to use the upper fence as the...

Answered: 1 week ago

Question

★★★★★
To keep its customers happy, protect its financial performance, and protect its competitive advantage, a company must continually evaluate all the business processes in its value chain. Improving the...

Answered: 1 week ago

Question

★★★★★
15. MC.02.93 The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $1,500 Fees earned $8,600 Accounts receivable 1,800 Insurance...

Answered: 1 week ago

Question

★★★★★
7. During the Spring Festival at the university, the bumper car stand has a problem with cars breaking down and needing repair. Mechanics can be hired to do this at a salary of $20 per hour, but they...

Answered: 1 week ago

Previous Question Next Question