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tmunk tmunk
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6 years ago
The hypothesis statement is an example of a two-tail hypothesis test.
 
  Indicate whether the statement is true or false

Q. 2

Suppose the round-trip airfare between Philadelphia and Los Angeles a month before the departure date follows the normal probability distribution with a mean of 387.20 and a standard deviation of 68.50.
 
  What is the probability that a randomly selected airfare between these two cities will be more than 450?A) 0.0788
  B) 0.1788
  C) 0.2033
  D) 0.3669

Q. 3

According to the Mortgage Bankers Association, 11 of U.S. mortgages were delinquent last year. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure. A random sample of six mortgages was selected.
 
  What is the mean of this distribution?A) 0.31
  B) 0.66
  C) 0.74
  D) 0.93

Q. 4

For a given sample size, reducing the value of  will result in an decrease in the value of .
 
  Indicate whether the statement is true or false

Q. 5

Bob's golf score at his local course follows the normal distribution with a mean of 92.1 and a standard deviation of 3.8. The interval around the mean that contains 68 of Bob's golf scores is ________.
 
  A) 90.2, 94.0
  B) 88.3, 95.9
  C) 84.5, 99.7
  D) 80.7, 103.5
Textbook 
Business Statistics

Business Statistics


Edition: 2nd
Author:
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littleeinstein3littleeinstein3
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6 years ago
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tmunk Author
wrote...
6 years ago
Thank you Jesus, my teacher is bad at explaining
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