Question
A home building company wishes to determine whether the meantime to frame and roof a new home is 25 or fewer days. The standard deviation,
A home building company wishes to determine whether the meantime to frame and roof a new home is 25 or fewer days. The standard deviation, σ, is known to be 3 days.
H0: µ ≤ 25
Ha: µ > 25
A random sample of n = 64 homes provides a sample mean of 26 days. Use the z-critical value approach with an α = 0.10
QUESTION 1: what is the z test statistic?
a) 2.88
b)1.54
c) 2.67
d) 1.26
QUESTION 2: can you reject the null hypothesis?
a) No, we can't reject
b) We can only passively accept the null
c) We don't know because it depends on the confidence interval
d) Yes, we can reject
QUESTION 3: Use the x-bar critical value approach with an α = 0.10, what is the x-bar critical value?
a) 26.28 days
b) 27.50 days
c) 26 days
d) 25.48 days
Step by Step Solution
3.42 Rating (158 Votes )
There are 3 Steps involved in it
Step: 1
Answer 1The correct answer is option c267 Given Sample meanxbar26 Population mean 25 Standard dev...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Statistics A Gentle Introduction
Authors: Frederick L. Coolidge
3rd Edition
1412991714, 978-1412991711
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App