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c. Describe the Type I error for this test and what its implications are for ACME NHT Inc. d. Describe the Type II error for

c. Describe the Type I error for this test and what its implications are for ACME NHT Inc.

d. Describe the Type II error for this test and what its implications are for ACME NHT Inc.

e. What is the critical value of your test statistic if you are willing to reject your null hypothesis at thea = .05 level of significance? (Ensure you identify what type of statistic it is.)

f. What is the calculated value of your test statistic? (Show as much work as necessary to ensure partial credit if you are not confident of your answer.)

g. What is the p-value for this test? What does it represent?

h. What do you conclude about your hypothesis test, and why?

i. What action will you take as the Executive Vice President of Sales?

2. Because of further employee complaints, the ACLU becomes involved in a discrimination lawsuit against ACME NHT Inc., accusing you of discriminatory promotion practices within your sales force. You immediately ask your HR Director for the distribution of your total sales force by hair color (expressed as percentages). She provides you with the following data:

Brunette

Brown

Blond

Red

Gray

Bald

30%

20%

25%

12%

5%

8%

You decide to conduct a hypothesis test to determine if your total promotions follow the distribution of the demographics of your sales force.

a. State your null hypothesis.

b. State your alternative hypothesis.

c. Describe the Type I error for this test and what its implications are for ACME NHT Inc.

d. Describe the Type II error for this test and what its implications are for ACME NHT Inc.

e. Fill in the following table with your expected number of promotions for each hair color if H0 is true. (Recall you had a total of 400 promotions.)

Brunette

Brown

Blond

Red

Gray

Bald

f. What is the critical value of your test statistic if you are willing to reject your null hypothesis at thea = .10 level of significance? (Ensure you identify what type of statistic it is.)

g. What is the calculated value of your test statistic? (Show as much work as necessary to ensure partial credit if you are not confident of your answer.)

h. What is the p-value for this test? What does it represent?

i. What do you conclude about your hypothesis test, and why?

j. What action will you take as the Executive Vice President of Sales?

3. The ACME NHT Inc. Executive Vice President of Marketing is considering a national advertising campaign, and asks you if the averages of your quarterly sales differ significantly by region. You already have available your quarterly sales totals for each region (in millions of dollars). They are as follows:

REGION

NW

SW

NE

SE

Q1

5

7

8

4

Q2

7

6

7

6

Q3

3

5

9

5

Q4

6

4

6

3

You decide to test if there is a statistical difference in your quarterly regional sales averages.

a. State your null hypothesis for this test.

b. State your alternative hypothesis for this test.

c. Describe the Type I error for this test and what its implications are for ACME NHT Inc.

d. Describe the Type II error for this test and what its implications are for ACME NHT Inc.

e. What is the critical value of your test statistic if you are willing to reject your null hypothesis at thea = .05 level of significance? (Ensure you identify what type of statistic it is.)

f. What is the calculated value of your test statistic? (Show as much work as necessary to ensure partial credit if you are not confident of your answer.)

g. What is the p-value for this test? What does it represent?

h. What do you conclude about your hypothesis test, and why?

i. What action will you take as the Executive Vice President of Sales?

j. Which two regions are most likely different from each other in sales performance?

4. In your attempt to "catch them all" you hunt the prized Pokemon, Mew and Mewtwo. As you battle them with your top 25 Pokemon, you lose every battle. However, after each battle, you notice that the hit points (HP) of Mew and Mewtwo have been reduced. The remaining HPs of Mew and Mewtwo are shown below after battling your respective Pokemon. (A higher HP remaining indicates more success in battle.) You suspect that Mewtwo is the tougher opponent, and you want to test this hypothesis at the 95% level of confidence.

Attacker

Mew

Mewtwo

Bulbasaur

402

377

Ivysaur

305

354

Venusaur

348

343

Charmander

350

341

Charmeleon

320

347

Charizard

340

401

Squirtle

396

406

Wartortle

311

364

Blastoise

367

381

Caterpie

309

402

Metapod

391

387

Butterfree

385

347

Weedle

390

349

Kakuna

313

402

Beedrill

396

403

Pidgey

394

389

Pidgeotto

329

395

Pidgeot

375

356

Rattata

364

340

Raticate

340

400

Spearow

365

405

Fearow

395

402

Ekans

365

377

Arbok

396

341

Pikachu

381

399

Assume that before each battle, Mew and Mewtwo started with the same number of HPs.

a. State the null hypotheses for this test.

b. State the alternative hypotheses for this test.

c. What type of test will you use to test this hypothesis?

d. Describe the Type I Error for this test, and explain its implication for you as you continue your quest.

e. Describe the Type II Error for this test, and explain its implication for you as you continue your quest.

f. What is the rejection region for this hypothesis test?

g. Calculate the test statistic for this hypothesis test. What is your conclusion?

h. If you reject the null hypothesis for this test, what is the probability that you have committed a Type I Error? (i.e., find the p-value for this test.)

i. What action will you take as you continue your quest based on your conclusion.

j. Which do like better: Mew or Mewtwo?

5. You conduct an experiment where you collect the data in the table below. What population distribution does this sample come from? How confident are you of your conclusion?

14.79911

28.23858

22.7928

24.51667

22.50702

35.50089

21.75057

28.08752

23.47746

17.71201

26.95663

28.87379

30.59481

30.82701

24.77064

23.74223

25.52936

29.04185

36.87479

30.37362

27.93906

21.90754

26.42687

19.92638

22.93284

24.13246

20.7254

24.26107

18.39259

27.64909

34.6292

18.9683

13.42521

26.82254

31.90741

24.89723

27.22881

19.47299

29.76344

32.58799

16.85994

29.5746

27.5072

25.65619

15.6708

27.36716

27.79298

26.68962

22.06142

23.07119

31.60902

26.03893

32.98606

28.54943

20.34101

33.44006

26.55777

21.08564

23.87313

23.20798

29.21436

25.27635

28.70976

29.39177

22.21248

19.70519

23.34337

25.02365

16.32654

25.40277

22.36094

32.23156

22.65091

20.90823

33.97346

18.69098

19.22807

23.61038

30.16207

21.59024

28.39246

31.3317

26.16754

27.09202

20.13793

25.91088

20.53656

17.31394

21.42621

31.07193

24.64381

18.06844

26.29683

29.72477

24.00317

25.15

29.95899

21.25815

24.38912

25.78333

6. Going back to the home sales data for Delta County, CO (see your Project 1 work) you want to see when the market peaked and where it seemed to return to its previous levels. You consider the average sale price for the County for different years.

a. Can you determine if the market peaked in 2007 or 2008? (Is there a difference between the averages prices in these two years?)

b. Can we conclude that in 2010 and 2011 that the market had returned to 2006 levels?

c. Did the market increase from 1995 to 2007? Are you sure?

7. For this problem, use the data file STAT4610Projecdt3ResidentialData2009. This file contains data on 75% of the homes sold in Colorado in 2009 (Sales2009 tab) and data on the listing real estate agents for those homes (Listing Broker Data tab). We are interested in investigating the differences in the "Big 5" Realtor Associations in Colorado (identified under the "Board" field):

Aurora Association of Realtors

Boulder County

Denver Metro Association of Realtors (Not Denver Metro Comm)

Douglas/Elbert Realtor Association

South Metro Denver Realtor Association

The data we are interested in is "Close Price," i.e., the actual price the homes sold for.

Unfortunately, the Sales tab does not have the Realtor Association included, so the two files must be merged through a common key. (Fortunately, there is one!) The List Agent MLSID is a unique identifier for the listing agents, and it is included with the Sales data.

By filtering out the close price data by Association and answer the following questions.

a. What are the average closing prices for each Association in 2009.

b. Are any of the averages different from the rest? (Justify your answer with an appropriate test and a p-value.)

c. Is there a difference between Boulder and South Metro? (Justify your answer with an appropriate test and a p-value.)

d. Is there a difference between Aurora and Douglas/Elbert? (Justify your answer with an appropriate test and a p-value.)

e. Is there a difference between South Metro and Denver Metro? (Justify your answer with an appropriate test and a p-value.)

f. Is there a difference between Boulder and Douglas/Elbert? (Justify your answer with an appropriate test and a p-value.)

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