Author Question: The cost of a college education has increased at a much faster rate than costs in general over the ... (Read 71 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
The cost of a college education has increased at a much faster rate than costs in general over the past twenty years. In order to compensate for this, many students work part- or full-time in addition to attending classes.
 
  At one university, it is believed that the average hours students work per week exceeds 20. To test this at a significance level of 0.05, a random sample of n = 20 students was selected and the following values were observed:26 15 10 4010 20 30 3640 0 5 1020 32 16 1240 36 10 0Based on these sample data, which of the following statements is true?A) The standard error of the sampling distribution is approximately 3.04.
  B) The test statistic is approximately t = 0.13.
  C) The research hypothesis that the mean hours worked exceeds 20 is not supported by these sample data.
  D) All of the above are true.

Question 2

A test is conducted to compare three different income tax software packages to determine whether there is any difference in the average time it takes to prepare income tax returns using the three different software packages.
 
  Ten different person's income tax returns are done by each of the three software packages and the time is recorded for each. Given this format and testing using an alpha level equal to 0.05, the critical value associated with the primary hypothesis test is:A) 3.555
  B) 2.456
  C) 19.385
  D) 4.256



mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library