Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company wants to promote a new product to college students using social media. According to 2020 data, the average Facebook user has about 300

image text in transcribedimage text in transcribed
A company wants to promote a new product to college students using social media. According to 2020 data, the average Facebook user has about 300 friends, and Facebook is the most popular social network among college students. The company has decided to start an advertising campaign if they get conclusive evidence that the average number of Facebook friends among college students is over 300. The company randomly selected a sample of 81 Ontario college students. For this sample group, the mean is 314 and the standard deviation is 42. Suppose that the distribution of number of Facebook friends is symmetric and approximately bell-shaped. Use a 0.010 level of significance to test the claim that the average number of Facebook friends among college students is over 300. Based on the result, should the company start the advertising campaign? Round to 3 decimal places where appropriate. (a) State the null and alternative hypotheses, and identify which one is the claim. Which one is the claim: 0H1 0H0 For parts (b), (c) use the correct sign for the t-value and test statistic. (b) What is the critical t-value? :] (c) What is the test statistic? :] (d) Is the null hypothesis rejected? Is the alternative hypothesis supported? 0 Fail to reject H0 and support H1 0 Reject Ho and fail to support H1 0 Reject H0 and support H1 0 Fail to reject H0 and fail to support H1 (e) Select the correct conclusion. 0 No, the company should not start the advertising campaign as 300 is less than 314. 0 At a 0.010 level of significance, there is not sufficient sample evidence that the average number of Facebook friends among college students is over 300. Based on the research, we cannot conclude that the company should start the advertising campaign. 0 Yes, the company should start the advertising campaign as we prove H1 . O No, the company should not start the advertising campaign as we prove HO. 0 Yes, the company should start the advertising campaign as 300 is greater than 314. 0 At a 0.010 level of significance, the sample data support the claim that the average number of Facebook friends among college students is over 300. The company should start the advertising campaign

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 And Trigonometry

Authors: Cynthia Y Young

3rd Edition

1118475755, 9781118475751

More Books

Students also viewed these Mathematics questions

Question

here) and other areas you consider relevant.

Answered: 1 week ago