Homework Help is Here – Start Your Trial Now!
Math
Statistics
The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. _4. Who among the four students is correct in identifying the given facts in the situation? April: ī = 150; n = 125; s = 50 May: i = 125; n = 150; o = 50 A. April June: u = 150; n = 125; o = 50 August: u = 50; n = 125; s = 150 C. May B. August _5. What is the level of significance a for the given problem? D. June A. α- 0.01 _6. For a 99% confidence level, what is the value of za/2 for the given situation? A. 1.65 _7. What is the maximum error of the estimate? A. 8.00 B. α 0.05 C.α= 0.10 D. α 0.20 %D В. 1.96 C. 2.33 D. 2.58 B. 9.51 C. 10.53 D. 11.54 _8. Given: Ho: = 84 and Ha:µ > 84 , what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? А. Туреl В. Туре II C. Correct Decision D. Alpha

The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. _4. Who among the four students is correct in identifying the given facts in the situation? April: ī = 150; n = 125; s = 50 May: i = 125; n = 150; o = 50 A. April June: u = 150; n = 125; o = 50 August: u = 50; n = 125; s = 150 C. May B. August _5. What is the level of significance a for the given problem? D. June A. α- 0.01 _6. For a 99% confidence level, what is the value of za/2 for the given situation? A. 1.65 _7. What is the maximum error of the estimate? A. 8.00 B. α 0.05 C.α= 0.10 D. α 0.20 %D В. 1.96 C. 2.33 D. 2.58 B. 9.51 C. 10.53 D. 11.54 _8. Given: Ho: = 84 and Ha:µ > 84 , what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? А. Туреl В. Туре II C. Correct Decision D. Alpha

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 2GP
See similar textbooks
icon
Related questions
Question
The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: = 150; n = 125; s = 50 May: = 125; n = 150; o = 50 A. April June: u = 150; n = 125; o = 50 August: u = 50; n = 125; s = 150 C. May B. August 5. What is the level of significance a for the given problem? D. June B. α 0.05 _6. For a 99% confidence level, what is the value of za/2 for the given situation? A. α 0.01 C. α=0.1ο D. α- 0.20 A. 1.65 B. 1.96 C. 2.33 D. 2.58 _7. What is the maximum error of the estimate? A. 8.00 C. 10.53 B. 9.51 D. 11.54 _8. Given: H.: µ = 84 and H.: µ > 84 , what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? А. Туреl В. Туре II C. Correct Decision D. Alpha
Transcribed Image Text:The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: = 150; n = 125; s = 50 May: = 125; n = 150; o = 50 A. April June: u = 150; n = 125; o = 50 August: u = 50; n = 125; s = 150 C. May B. August 5. What is the level of significance a for the given problem? D. June B. α 0.05 _6. For a 99% confidence level, what is the value of za/2 for the given situation? A. α 0.01 C. α=0.1ο D. α- 0.20 A. 1.65 B. 1.96 C. 2.33 D. 2.58 _7. What is the maximum error of the estimate? A. 8.00 C. 10.53 B. 9.51 D. 11.54 _8. Given: H.: µ = 84 and H.: µ > 84 , what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? А. Туреl В. Туре II C. Correct Decision D. Alpha
Expert Solution
steps

Step by step

Solved in 6 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS