Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The state office of Australia Post believed that mail throughput at suburban post offices increases with the number of employees. From a random sample of

The state office of Australia Post believed that mail throughput at suburban post offices increases with the number of employees. From a random sample of ten major suburban post offices, the following regression equation was estimated: Y = -11.76 + 74.15 X

Standard error of the estimate: 187.26

Sum of squares of X: 77.6

where Y is the average number of mail packages processed per hour and X is the number of effective full-time employees working at the post office.

1. State the direction of the alternative hypothesis used to test the state office's belief. Type gt (greater than), ge (greater than or equal to), lt (less than), le (less than or equal to) or ne (not equal to) as appropriate in the box.

2. Use the tables in the textbook to determine the critical value used to conduct the test, assuming a 1% level of significance.Ifdoing atwotail test, state only the positive value to three decimal places.

3. Calculate the test statistic correct to two decimal places.

4. Is the null hypothesis rejected for this test? Type yes or no.

5. Disregarding your answer in part 4, if the null hypothesis was rejected, does a larger number of employees in a post office suggest it will have a greater throughput of mail? Type yes or no.

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

Math For Business And Finance An Algebraic Approach

Authors: Jeffrey Slater, Sharon Wittry

1st Edition

0077639626, 9780077639624

More Books

Students also viewed these Economics questions

Question

Sketch and label the hierarchy of needs.

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago