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

Author Question: Which of the following conclusions is not equivalent to rejecting the null hypothesis? a. The ... (Read 172 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
Which of the following conclusions is not equivalent to rejecting the null hypothesis?
 a. The results are statistically significant.
  b. The results are not statistically significant.
  c. The alternative hypothesis is accepted.
  d. The p-value   (the significance level)

Question 2

A store manager is trying to decide whether to price oranges by weight, with a fixed cost per pound, or by the piece, with a fixed cost per orange. He is concerned that customers will choose the largest ones if there is a fixed price per orange. For one week the oranges are priced by the piece rather than by weight, and during this time the mean weight of the oranges purchased is recorded for all customers who buy 4 of them. The manager knows the population of weights of individual oranges is bell-shaped with mean of 8 ounces and a standard deviation of 1.6 ounces. If the 4 oranges each customer chooses are equivalent to a random sample, what should be the approximate mean and standard deviation of the distribution of the mean weight of 4 oranges?
 a. mean = 32 ounces, standard deviation = 6.2 ounces
  b. mean = 8 ounces, standard deviation = 1.6 ounces
  c. mean = 8 ounces, standard deviation = 0.8 ounces
  d. mean = 2 ounces, standard deviation = 0.4 ounces



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library