Use the P-Value method of hypothesis testing to test the giv…
Use the P-Value method of hypothesis testing to test the given claim. Be sure to state the claim, hypotheses, number of tails, P-value, decision and conclusion. (6 pts)In a sample of 122 children selected randomly from one town, it is found that 24 of them suffer from asthma. At the 0.05 significance level, test the claim that the proportion of all children in the town who suffer from asthma is 11%.
Read DetailsUse the confidence level and sample data to find a confidenc…
Use the confidence level and sample data to find a confidence interval for estimating the population μ. Round your answer to the nearest hundredths place. Be sure to clearly state the critical value, margin of error, confidence interval and statement. Don’t forget the units! (5 pts)A random sample of 123 full-grown lobsters had a mean weight of 24 ounces and a sample standard deviation of 3.5 ounces. Construct a 98% confidence interval for the population mean μ. (Hint: use T-Interval and find critical t-value!)
Read DetailsTwo alternative investments are being considered. Design A h…
Two alternative investments are being considered. Design A has an initial cost of $3 million and annual cost of 135,000 dollars per year. Design B has an initial cost of $3.7 million and annual cost of 70,000 dollars per year. What is the rate of return of design B as compared to design A? Hint it is between 5% and 10%. Enter your answer as a number without a percent sign.
Read DetailsChapter 6 – Critical Thinking: remember to fully explain and…
Chapter 6 – Critical Thinking: remember to fully explain and develop your responses by referring to key terms and concepts from the course content. Provide analysis and revision at the college level. Number your responses for clarity. What does this quotation mean?: “Keep steadily before you the fact that all true success depends at last upon yourself.” -Theodore T. Hunger What is your current overall course grade (found in Canvas)? __________________________ Thinking critically about your effort his semester, would you honestly say that you have a growth mindset or a fixed mindset regarding your academics? ________________________ Think critically about your effort so far this semester. Are you doing all you can by holding yourself accountable and making productive daily changes to ensure your success Now, continuing to think critically about yourself and your progress so far this semester, what will it take for you to be fully successful this semester in school? Be specific.
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