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Mathematics, 21.06.2019 23:00
According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.
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Mathematics, 22.06.2019 02:00
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Mathematics, 22.06.2019 02:40
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Mathematics, 22.06.2019 03:30
Atechnician compares repair costs for two types of microwave ovens (type i and type ii). he believes that the repair cost for type i ovens is greater than the repair cost for type ii ovens. a sample of 6767 type i ovens has a mean repair cost of $79.79$79.79. the population standard deviation for the repair of type i ovens is known to be $19.18$19.18. a sample of 5555 type ii ovens has a mean repair cost of $75.24$75.24. the population standard deviation for the repair of type ii ovens is known to be $21.40$21.40. conduct a hypothesis test of the technician's claim at the 0.050.05 level of significance. let μ1μ1 be the true mean repair cost for type i ovens and μ2μ2 be the true mean repair cost for type ii ovens. step 2 of 4 : compute the value of the test statistic. round your answer to two decimal places.
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