Finance assignment

A sample of 30 observations is selected from a normal population. The sample mean is 21, and the population standard deviation is 6. Conduct the following test of hypothesis using the 0.05 significance level.
H0 : μ ≤ 20
H1 : μ > 20

 

a. Is this a one- or two-tailed test?
 H0when z >  evidence to conclude that the population mean is greater than 20.

 

e. What is the p-value? (Round your answer to 4 decimal places.)

 

  p-value  H0. The mean number of calls is  than 36 per week.

——————————————————————————————————————————————–

A United Nations report shows the mean family income for Mexican migrants to the United States is $27,300 per year. A FLOC (Farm Labor Organizing Committee) evaluation of 20 Mexican family units reveals a mean to be $28,500 with a sample standard deviation of $9,651. Does this information disagree with the United Nations report? Apply the 0.01 significance level.

 

a. State the null hypothesis and the alternate hypothesis.

 

  H0μ = . This data  the report.

————————————————————————————————————-

The following information is available.

 

H0 : μ ≥ 220

 

H1 : μ < 220

 

A sample of 64 observations is selected from a normal population. The sample mean is 215, and the population standard deviation is 15. Conduct the following test of hypothesis using the .025 significance level.

 

a. Is this a one- or two-tailed test?
 H0 when z <   H0. There is  evidence to conclude that the population mean is greater than 10.

——————————————————————————————————————————————

Given the following hypotheses:

 

H0 : μ = 400

 

H1 : μ ≠ 400

 

A random sample of 12 observations is selected from a normal population. The sample mean was 407 and the sample standard deviation 6. Using the .01 significance level:

 

a. State the decision rule. (Negative amount should be indicated by a minus sign. Round your answers to 3 decimal places.)

 

  Reject H0 when the test statistic is  the interval ([removed],  [removed]).

 

b. Compute the value of the test statistic. (Round your answer to 3 decimal places.)

 

  Value of the test statistic [removed]

 

c. What is your decision regarding the null hypothesis?
[removed] Reject
[removed] Do not reject
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)