Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Thanks! Let me know. ! Acompany wants to promote a FEW product to college students using social media. According to 2020 data, the average Facebook

Thanks! Let me know.

!

image text in transcribed
Acompany wants to promote a FEW product to college students using social media. According to 2020 data, the average Facebook user has about 31]] 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 nu'nber of Facebook friends among college student: is over 300. The company randomlyI selected a sample of Bi Dntario college students. For this sample group, the mean is 30'? and the standard deviation is 33. Suppose that the distribution of nu'nber of Facebook friends is symmetric and approximately bell-shaped. Use a 0.030 level of significance to test the daim that the average nu'nber 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 identifyI which one is the claim. H._-:] Hi_-:] 1Il'lfhich one is the claim: OH" 0H1 For part:- {b}, to] use the correct sign for the tvalue and test statistic. [b1 'lr'ul'hat is the critical t-value? :] [cl mat is the tat statistic? :] [d] Is the null hypcrthesis rejected? Is the alternative hypothesis supported? CI Reject H" and support H1 0 Fail to reject Hg and fail to mpport H1 CI Fail to reject Hg and support H1 CI Reject H" and fail to support H1 [eJI Select the correct conclusion. O No, the company should not start the advertising campaign as 300 is less than 309. D At a 0.030 level of significance, the sample data support the claim that the average nu'nber of Facebook friends among college students is over 300. The company should start the advertising campaign. CI 'I'es, the company should start the advertising campaign as 31]] is greater than 309. CI 'I'es, the company should start the advertising campaign as we prove H1. O No, the company should not start the advertising campaign as VIE prove H\". D At a 0.030 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

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

Elementary Differential Equations And Boundary Value Problems

Authors: William E Boyce, Richard C DiPrima

10th Edition

1118475739, 9781118475737

More Books

Students also viewed these Mathematics questions

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago

Question

What is meant by formal organisation ?

Answered: 1 week ago

Question

What is meant by staff authority ?

Answered: 1 week ago

Question

a. Type of float b. Available balance c. Book balance

Answered: 1 week ago

Question

Values: What is important to me?

Answered: 1 week ago

Question

Purpose: What do we seek to achieve with our behaviour?

Answered: 1 week ago

Question

An action plan is prepared.

Answered: 1 week ago