This topic contains a solution. Click here to go to the answer

Author Question: The national average price for regular gasoline was recently reported to be 3.29 per gallon. The ... (Read 51 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
The national average price for regular gasoline was recently reported to be 3.29 per gallon. The standard deviation for the price of regular gasoline was 0.12. A random sample of 33 gas stations had an average price of 3.26.
 
  Which of the following statements is correct?A) The interval that contains 95 of the sample means is 3.17 and 3.41. Because the sample mean is between these two values, we have support that the average price for regular gasoline is 3.29.
  B) The interval that contains 95 of the sample means is 3.20 and 3.38. Because the sample mean is between these two values, we do not have support that the average price for regular gasoline is 3.29.
  C) The interval that contains 95 of the sample means is 3.23 and 3.35. Because the sample mean is between these two values, we do not have support that the average price for regular gasoline is 3.29.
  D) The interval that contains 95 of the sample means is 3.25 and 3.33. Because the sample mean is between these two values, we have support that the average price for regular gasoline is 3.29.

Question 2

Medicare would like to test the hypothesis that the standard deviation for the monthly rate for one-bedroom assisted-living facility is more than 400.
 
  A random sample of 17 assisted living facilities had a standard deviation of 530. Using  = 0.01, the critical value for this hypothesis test would be ________.
  A) 5.812
  B) 6.908
  C) 32.000
  D) 34.267


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
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 29% of students answer this correctly




ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 24, 2018
Wow, this really help


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

For a complete list of videos, visit our video library