SOLUTION: I NEED HELP. PLEASE HELP ME SOLVE THIS. THANK YOU SO MUCH
9.54 Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-
Algebra.Com
Question 187146: I NEED HELP. PLEASE HELP ME SOLVE THIS. THANK YOU SO MUCH
9.54 Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-day mail instead. Exceptions are allowed, but they want the average to be 10 or below. The firm examined 75 randomly chosen fax transmissions during the next year, yielding a sample mean of 11.44 with a standard deviation of 2.15 pages. At the .05 level of significance, is the true mean greater than 10? Explain your decision.
Clearly state your decision on the null hypothesis.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
9.54 Faced with rising fax costs, a firm issued a guideline that transmissions of 10 pages or more should be sent by 2-day mail instead. Exceptions are allowed, but they want the average to be 10 or below. The firm examined 75 randomly chosen fax transmissions during the next year, yielding a sample mean of 11.44 with a standard deviation of 2.15 pages. At the .05 level of significance, is the true mean greater than 10? Explain your decision.
Clearly state your decision on the null hypothesis.
Ho: u <= 10
Ha: u > 10
--------------
test statistics: t(11.44) = (11.44-10)/[2.15/sqrt(75)] = 5.80
------------------
p-value = P(t > 5.80) = 0.0000000766
------------------
Since the p-value is less than 5%, reject Ho.
The true mean is greater than 10.
=====================================
Cheers,
Stan H.
RELATED QUESTIONS
Faced with rising fax costs, a firm issued a guideline that any transmission of 10 pages... (answered by stanbon)
Can you please help me answer this? I think I figured it out but just wanted to double... (answered by stanbon)
Can you help me solve this?
Faced with rising fax costs, a firm issued a guideline that... (answered by stanbon)
Please help me. This question is taken from the Stats and Econ Question # 9.54 I checked (answered by stanbon)
I need your help please! Two other individuals and myself tried to solve this problem;... (answered by stanbon)
Please and thank you in advance, I'm an online student, so there is no text book. How do... (answered by stanbon)
9.54 - Please solve
Faced with rising fax costs, a firm issued a guideline that... (answered by stanbon)
Can you please help me with solving the question below please
9.54
Faced with rising... (answered by stanbon)
Faced with the rising fax costs, a firm issued a guideline that transmission of 10 pages... (answered by stanbon)