This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Recently, the average amount of time to foreclose on a house in the U.S. was reported to be 359 ... (Read 90 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 24, 2018
Recently, the average amount of time to foreclose on a house in the U.S. was reported to be 359 days. Assume that the standard deviation for this population is 90.4 days.
 
  A random sample of 42 homes that have completed the foreclosure process was selected. What is the probability that the sample average was less than 375 days?A) 0.5129
  B) 0.6350
  C) 0.7264
  D) 0.8749

Question 2

Travelocity would like to test if the standard deviation for roundtrip airfares between New York and London is less than 200.
 
  A random sample of 22 roundtrip airfares between New York and London had a standard deviation of 142. The test statistic for this hypothesis test would be ________.
  A) 7.03
  B) 8.67
  C) 10.59
  D) 13.36
Business Statistics ¦ Donnelly ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cici

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jun 24, 2018
Gracias!

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
Average Global Temperatures Average Global Temperatures
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
House House
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library