Data on return-to-pay ratios was collected from CEOs of companies within both the low-tech industry and the consumer products industry.

Low-Tech Consumer Products
Sample size 14 12
Sample mean 157 218
Sample Variance 1563 1602
Assume population variances are unequal.

(a) The point estimate of the difference between the means of the two populations is

(b) The standard error for the difference between the two means is

(c) The correct distribution to use is :

t-distribution with 26 degrees of freedom

t-distribution with 23 degrees of freedom

normal distribution

t-distribution with 24 degrees of freedom

Answers

Answer 1

Answer:

Step-by-step explanation:

The confidence interval for the difference of two population means is expressed as

Confidence interval = (x1 - x2) ± z√(s²/n1 + s2²/n2)

Where

x1 = sample mean of low-tech industry

x2 = sample mean of consumer products industry

s1 = sample standard deviation low-tech industry

s2 = sample standard deviation for consumer products industry

n1 = number of samples of low-tech industry

n2 = number of samples of consumer products industry

a) x1 - x2 is the point estimate of the difference between the means of the two populations

Therefore,

Point estimate = 157 - 218 = - 61

b) the formula for standard error is expressed as

√(s1²/n1 + s2²/n2)

Variance = standard deviation²(s²)

s1² = 1563

s2² = 1602

Standard error = √(1563²/14 + 1602²/12) = 623.2

c) Degree of freedom =

(n1 - 1) + (n2 - 1) = (14 - 1) + (12 - 1) = 24

t-distribution with 24 degrees of freedom

Answer 2

According to the data given, we have that:

a) 61

b) 15.65

c) t-distribution with 24 degrees of freedom

Item a:

The point estimate is the difference between the two sample means, hence:

218 - 157 = 61.

Item b:

For each sample, the standard errors are:

[tex]s_l = \sqrt{\frac{1563}{14}} = 10.57[/tex]

[tex]s_h = \sqrt{\frac{1602}{12}} = 11.54[/tex]

For the difference of the two means, it is:

[tex]s = \sqrt{s_l^2 + s_h^2} = \sqrt{10.57^2 + 11.54^2} = 15.65[/tex]

Item c:

Samples of 14 and 12, hence 14 + 12 - 2 = 24 df.

A similar problem is given at https://brainly.com/question/12490448


Related Questions

If you found that the 95% confidence interval to estimate the true proportion of visitors to Niagara Falls that are from the United States was (0.5216, 0.6784), does this provide evidence that a majority of visitors to Niagara Falls are from the United States

Answers

Answer:

The lower end of the interval is above 0.5, which means that it provides evidence that a majority of visitors to Niagara Falls are from the United States

Step-by-step explanation:

We want to see if the majority of Niagara Falls visitors are from the United States.

Looking at the confidence interval

We have to see if the lower end of the interval is higher than 0.5.

In this question:

The 95% confidence interval to estimate the true proportion of visitors to Niagara Falls that are from the United States was (0.5216, 0.6784).

The lower end of the interval is above 0.5, which means that it provides evidence that a majority of visitors to Niagara Falls are from the United States

Which inequality is represented by this graph

Answers

The right answer is of option D.

[tex]x \geqslant 4[/tex]

In the given graph, X is greater than 4 and X equals to 4.

Hope it helps.....

Good luck on your assignment

WILL MARK BRAINLIEST !!!

Answers

In the given point(-4,b) -4 is the x value.

Locate -4 on the graph and find the y value where the line is located. The y value would be b.

B = 1

What value of b will cause the system to have an infinite number of solutions?

A system of equations. y equals 6 x plus b. negative 3 x plus StartFraction one-half EndFraction y equals negative 3.

A coordinate grid with a line labeled negative 3 x plus StartFraction one-half EndFraction y equals negative 3 and passes through the points (1, 0) and (0, negative 6).

-6
-3
3
6

Answers

Answer:

-6 on edge

Step-by-step explanation:

The value of b that causes the system of equations to have infinite solutions will be: b = -6

System with infinite solutions:

A system of linear equations will have infinite solutions only when both equations represent the same line.

In this case our equations are:

y = 6x + b

-3x + (1/2)*y = -3

So the value of b needs to be such that these two equations are equal

Let's isolate y in the second equation:

(1/2)*y = -3 + 3x

y = -3*2 + 3x*2 = -6 + 6x

Then we must have:

6x - 6 = 6x + b

-6 = b

Thus, the value of b that causes the system to have infinite solutions is b = -6.

If you want to learn more about systems of equations, you can read:

https://brainly.com/question/13729904

ASAP! GIVING BRAINLIEST! Please read the question THEN answer CORRECTLY! NO guessing. I say no guessing because people usually guess on my questions.

Answers

Answer:

B. (f + g)(x) = x - 7

Step-by-step explanation:

→Set it up, like so:

-3x - 5 + 4x - 2

→Add like terms (-3x and 4x, -5 and -2):

x - 7

A large western state consist of 4341 million acres of land. Approximately 83% of this land is federally owned. Find the number of acres that are not federally owned

Answers

Answer:

737.97  acres

Step-by-step explanation:

Given

Approximately 83% of a large western state  land is federally owned.

Total land in percentage will be 100%

% of land not federally owned = Total land in percentage  - % of land  federally owned = 100% - 83% = 17%

Thus, percentage of land not federally owned = 17% of total land

Also given "A large western state consist of 4341 million acres of land"

Therefore,

number of acres that are not federally owned = 17% of total western state land

number of acres that are not federally owned =  17/100 * 4341 = 737.97

Thus,  737.97  acres  of western state  land are not federally owned.

Simplify (4.5)(5)(-2)

Answers

Answer:

[tex] - 45[/tex]

[tex]2.25( - 2) = - 45 \\ - 45[/tex]

what is tan B enter your answer as a simplified fraction in the box

Answers

Answer:

7/24

Step-by-step explanation:

Tangent is opposite over adjacent. You know that the opposite leg is 14 but you don't know the adjacent.

To find the unknown leg, use Pythagorean theorem so that 50^2-14^2= leg. The length is 48.

14/48= tan B

7/24= tan B

A particular extension cord can support up to 8 amps. Mo has an iron whose label states 1,200 watts and wonders if the iron can be plugged into the extension cord. If watts are converted to amps by dividing by 120, how many amps does the iron use?


Answers

Answer:

10 A

Step-by-step explanation:

 

Given data  

Current in cord is  I  = 8 a m p

Power of iron is   P = 1200 W

Voltage converted is  

V = 120 V

The power can be expressed as

[tex]P=IV=\\I=\frac{P}{V}[/tex]

Substitute the given value in above we get,

I = [tex]\frac{1200}{120}= 10amps[/tex]

Thus, the current use by iron is  

10 A

A potter made 4080 diyas in the month of September. If he made the same number of diyas each day, how many diyas did he make in a week?



Answers

POOPOPPPOPPOPPOOPPOPO

What’s the correct answer for this?

Answers

Answer:

D

Step-by-step explanation:

It's a football ....=> So ... A sphere !!

What’s the correct answer for this?

Answers

Answer:

D.

Step-by-step explanation:

If we rotate the 3-D figure around y-axis, we'll obtain a cylinder with a radius of 1 unit.

Sick computers: Let V be the event that a computer contains a virus, and let W be the event that a computer contains a worm. Suppose
P(V) = 0.47, P(W) = 0.37, P(Vand W) = 0.01
(a) Find the probability that the computer contains either a virus or a worm or both.
(b) Find the probability that the computer does not contain a worm
Part 1 of 2
(a) Find the probability that the computer contains either a virus or a worm or both.
The probability that the computer contains either a virus or a worm or both is
Х
5
Part 2 of 2
(b) Find the probability that the computer does not contain a worm
The probability that the computer does not contain a worm is
Х

Answers

Answer:

0.83

0.63

Step-by-step explanation:

P(V or W) = P(V) + P(W) − P(V and W)

P(V or W) = 0.47 + 0.37 − 0.01

P(V or W) = 0.83

P(not W) = 1 − P(W)

P(not W) = 1 − 0.37

P(not W) = 0.63

a. the probability that the computer contains either a virus or a worm or both is 0.83

b. The probability that the computer does not contain a worm is 0.63.

Calculation:

(a)

The probability is

P(V or W) = P(V) + P(W) − P(V and W)

P(V or W) = 0.47 + 0.37 − 0.01

P(V or W) = 0.83

(b) The probability is

P(not W) = 1 − P(W)

P(not W) = 1 − 0.37

P(not W) = 0.63

Learn more about the probability here: https://brainly.com/question/16096170

A hose fills a hot tub at a rate of 3.84 gallons per minute. How many hours will it take to fill a 305​-gallon hot​ tub?

Answers

Answer:

1.56 hours

Step-by-step explanation:

300 gal × 1 min 3.2 gal × 1 hr 60 min = 1.56 hr.

Answer:

i thought the question said a 'HORSE' fills a hot tub...

Step-by-step explanation:

lol dont mind me i just want points :D

A manufacturing machine has a 40% defect rate. If 131 items are chosen at random, answer the following. a) Which is the correct wording for the random variable? rv X = the number of 131 randomly selected items that are defective Correct b) Pick the correct symbol: n Correct = 131 c) Pick the correct symbol: p Correct = 0.4

Answers

Answer:

A manufacturing machine has a 40% defect rate. If 131 items are chosen at random, then:

The random variable, X=Number of 131 randomly selected items that are defective.Number of Items, n=131The point estimate of defective items, p=40%=0.4

Identify the type of data​ (qualitative/quantitative) and the level of measurement for the following variable. Explain. The average mass (in grams )of a sample of rocks collected in the waters of a region.
1. Are the data qualitative or​ quantitative?
A. Qualitative, because descriptive terms are used to measure or classify the data.
B. Quantitative, because descriptive terms are used to measure or classify the data.
C. Qualitative, because numerical values, found by either measuring or counting, are used to describe the data.
D. Quantitative, because numerical values, found by either measuring or counting, are used to describe the data.
2. What is the data set's level of measurement?
A. Ratio, because the differences in the data can be meaningfully measured, and the data have a true zero point.
B. Interval, because the differences in the data can be meaningfully measured, but the data do not have a true zoro point.
C. Nominal, because the data are categories or labels that cannot be ranked.
D. Ordinal, because the data are categories or labels that can be ranked.
3. What is the probability of randomly selecting a diamond from a standard 52-card deck?The probability of selecting a diamond is 0.25.
4. Use the contingency table to complete parts a) through d) below.
Event A Event B
Event C 10 11
Event D 3 4
Event E 14 8
A) Determine the probability of P(AIC).
B) Determine the probability of P(CIA).
C) Determine the probability of P(BE).
5. Use the contingency table to complete parts a) through d) below.
Event A Event B
Event C 10 11
Event D 3 4
Event E 14 8
A) Determine the probability of P(CIA).
B) Determine the probability of P(BE).
C( Determine the probability of P(EB).

Answers

Answer:

Step-by-step explanation:

Hello!

The variable is

X: average mass of a sample of rocks collected in the waters of a region. (measured in grams)

Variables can be:

Quantitative: they represent number, any characteristic that can be "counted" is a quantitative variable, the most common examples are weight, volume, temperature, height, etc...

There are two types of quantitative variables:

⇒ Discrete variables: The only take certain values within the interval of definition of the variable, for example "number of sales" or "money in a wallet"

⇒ Continuous variables: They can take any value within an interval, in this example that you are working with mass, depending on the precision of the scale the mass can have infinite decimal values.

Qualitative: they represent characteristics that cannot be counted, meaning, they are not represented by numbers. There are many attributes that are qualitative variables, for example: colors, race of an animal, phenotypes, types of business, etc...

1)

The variable in this example is Quantitative, it takes numerical values, and the correct option is:

D. Quantitative, because numerical values, found by either measuring or counting, are used to describe the data.

2)

The values of mass of the rocks can take any value within the range of definition of the variable, they only depend on the precision of the scale used to weight the rocks.

B. Interval, because the differences in the data can be meaningfully measured, but the data do not have a true zero point.

3)

A standard 52-card deck contains 13 cards for each suit (clubs, diamonds, hearts and spades)

To calculate the probability of choosing a card at random and it being a Diamond, supposing that all cards are equally probable, you have to divide the total number of diamonds by the total number of cards in the deck:

P(diamond)= 13/52= 0.25

For items 4) and 5) the contingency tables are attached.

4)

a. and b. are conditional probabilities, to calculate them you have to apply the following formula: [tex]P(A|B)= \frac{P(AnB)}{P(B)}[/tex]

This means that the probability of the event "A" given that event "B" has occurred is equal to the probability of the intersection between events "A" and "B" divided by the probability of event "B"

a. P(A|C)= [tex]\frac{P(AnC)}{P(C)}[/tex]

To calculate the probability of the intersection P(A∩C) you have to divide the observations where both events cross by the total of observations on the table:

P(A∩C)= 10/50= 0.20

The probability of C is found in the margins of the table, in this case you have to divide the total of observations for event C by the total of observations of the table:

P(C)= 21/50= 0.42

Now you can calculate the asked probability:

[tex]P(A|C)= \frac{0.2}{0.42}= 0.48[/tex]

b. P(C|A)= [tex]\frac{P(AnC)}{P(A)}[/tex]

From item a. we already know that P(A∩C)= 10/50= 0.20

The probability of event A is  in the margin of the table and you calculate it as:

P(A)= 27/50= 0.54

Then:

[tex]P(C|A)= \frac{0.20}{0.54} = 0.37[/tex]

c. P(BE)

This symbolized the probability of the events "B" and "E" occurring at the same time, you can also symbolize it as P(B∩E)

To calculate the probability of B and E happening you have to do as follows:

P(B∩E)= 8/50= 0.16

5)

a. P(C|A)= 0.37 (As calculated in 4b.)

b. P(BE) and c. P(EB) ⇒ Both expressions symbolize the intersection between events "B" and "E", P(B∩E)= P(E∩B)= 0.16 (As calculated in 4c.)

I hope this helps!

I need help please!!!

Answers

Answer:

A.

Step-by-step explanation:

So you would have f(3) = 3 + [tex]\frac{2}{2}[/tex]

f(3) = 3 + 1

f(3) = 4

Answer:

Step-by-step explanation: f(x)

3+ a square root of 3+1 / x-1

3+ a square root (4/2)

3+ square root of 2. That's the answer

Multiply 6.7 x 104 times 4.8 x 106 by using scientific notation. Round your answer to one decimal place in scientific notation with no spaces.

Answers

Answer:

3.216×[tex]10^{11}[/tex]

Step-by-step explanation:

I'm assuming 104 is [tex]10^{4}[/tex] and 106 is [tex]10^{6}[/tex].

6.7×[tex]10^{4}[/tex]×4.8×[tex]10^{6}[/tex]=

32.16×[tex]10^{10}[/tex]=

3.216×[tex]10^{11}[/tex]

Our answer is 3.216×[tex]10^{11}[/tex].

Suppose that the operations manager of a nose mask packaging delivery service is

contemplating the purchase of a new fleet of trucks. When

packages are efficiently stored in the trucks in preparation for delivery, two major constraints

have to be considered. The weight in pounds and volume in cubic feet for each item. Now

suppose that in a sample of 200 packages the average weight is 26.0 pounds with a standard

deviation of 3.9 pounds. In addition suppose that the average volume for each of these

packages is 8.8 cubic feet with standard deviation of 2.2 cubic feet. How can we compare the

variation of the weight and volume?​

Answers

Answer:

Coefficient of variation (weight) = 15%

Coefficient of variation (volume) = 25%

Step-by-step explanation:

Let's begin by listing out the given information:

Population = 200, Average weight = 26 lb,

standard deviation (weight) = 3.9 lb,

Average volume = 8.8 ft³,

standard deviation (volume) = 2.2 ft³

Based on the data given, the manager will have to make a deduction by comparing the relative scatter of both variables due to the different units of measuring weight (pounds) and volume (cubic feet).

To compare the variation of the weight and volume, we use the coefficient of variation given by the formula:

Coefficient of Variation = (Standard deviation ÷ Mean) * 100%

⇒ [tex]C_{v}[/tex] = (σ ÷ μ) * 100%

For weight

σ = 3.9 lb, μ = 26 lb

[tex]C_{v}[/tex] (weight) = (3.9 ÷ 26.0) * 100% = 15%

[tex]C_{v}[/tex] (weight) = 15%

For volume

σ = 2.2 ft³, μ = 8.8 ft³

[tex]C_{v}[/tex] (volume) = (2.2 ÷ 8.8) * 100% = 25%

[tex]C_{v}[/tex] (volume) = 25%

∴ the relative variation of the volume of the package is greater than that of the weight of the package

Which numbers are solutions of the inequality below? (Select all that apply.)
x − 2 < −8

a) 6

b) −6

c) 4

d) −8

Answers

Answer:

d) −8

Step-by-step explanation:

x − 2+2 < −8+2

x < -6

The only number less than -6 is -8

Banking fees have received much attention during the recent economic recession as banks look for ways to recover from the crisis. A sample of 41 customers paid an average fee of ​$12.22 per month on their​ interest-bearing checking accounts. Assume the population standard deviation is ​$1.86. Complete parts a and b below.
a. Construct a 95% confidence interval to estimate the average fee for the population.
b. What is the margin of error for this interval?

Answers

Answer:

a) The 95% confidence interval to estimate the average fee for the population is between $11.65 and $12.79

b) $0.57

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1-0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].

So it is z with a pvalue of [tex]1-0.025 = 0.975[/tex], so [tex]z = 1.96[/tex]

Now, find the margin of error M as such

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96*\frac{1.86}{\sqrt{41}} = 0.57[/tex]

So the answer for b) is $0.57.

The lower end of the interval is the sample mean subtracted by M. So it is 12.22 - 0.57 = $11.65

The upper end of the interval is the sample mean added to M. So it is 12.22 + 0.57 = $12.79

The 95% confidence interval to estimate the average fee for the population is between $11.65 and $12.79

find the common difference of the arithmetic sequence 4, 10, 16,...​

Answers

The common difference is six as each number goes up by six each time

4+6=10+6=16+6=22+6=28...

I hope it is helpful for everyone

On a residential single lane road there was a wreck that backed up traffic for 5 miles. 80% of the traffic consists of cars and 20% of the traffic consists of trucks. The average distance between vehicles is 3 feet. The average length of a car is 13.5 feet and the average length of a truck is 20 feet. Estimate how many vehicles are stuck in the traffic jam. (Hint: There are 5280 feet in 1 mile.) A. 853 vehicles B. 1510 vehicles C. 2103 vehicles D. 2320 vehicles

Answers

Answer:   b) 1510 vehicles

Step-by-step explanation:

Total: 5 miles x 5280 ft per mile = 26,400

Cars: 80% of vehicles are cars with a length of 13.5 =  0.8(13.5)v = 10.8v

Trucks: 20% of vehicles are trucks with length of 20 = 0.2(20)v = 4v

Between: Distance between two vehicles is 3: (3/2)v = 1.5v

Total  = Cars + Trucks + Between

26,400 = 10.8v + 4v + 1.5v

26,400 = 16.3v

1619.6 = v

the closest number of all of the options is (b) 1510

The functions s and t are defined as follows. s(x)=3x-4 t(x)=-5x+3 Find the value of s(t(-1)).

Answers

t(x)=-5x+3

t(-1)=-5*(-1)+3=5+3=8

s(x)=3x-4

s(t(-1))=s(8)=3*8-4=24-4=20

answer is 20

Please answer this correctly

Answers

Answer:

41-60 => 5

Step-by-step explanation:

41-50 => 2

51-60 => 3

So 2+3 =5

Answer:

5

Step-by-step explanation:

Add up the number of children between 41 and 60

41-50: 2

51-60: 3

------------

total 5

solve the equation 4x +30 = 2(x-10)

Answers

4x+30=2(x-10)
4x+30=2x-20
4x-2x= -30-20
2x= -50
x= -25




Mark as brainliest if you find it helpful.

Which inequality is represented by this graph?

Answers

Answer:

its probably a. x>-53

my appolgies if it's wrong

Choose the slope and y-intercept that
correspond with the graph.

Answers

Answer:

slope = -3, y intercept = 3

Step-by-step explanation:

The y intercept is where it crosses the y axis

y intercept is 3

The slope is found by taking two points (0,3) and (1,0) and using the slope formula

m = (y2-y1)/(x2-x1)

   = (0-3)/(1-0)

   -3/1

  =-3

Solve for x
A)9
B)33
C)45
D)62

Answers

Answer:

A) 9

Step-by-step explanation:

R=7x+17

S=4x-6

Q=180-110=70

4x-6+7x+17+70=18011x+81=19011x=180-8111x=99x=99/11x=9

Express the following in simplest a + bi form.
V9+1-36
O
-91
O
3 - 61
3 + 6
91

Answers

Answer:

3+6i

Step-by-step explanation:

I did it

Answer:3+6i

Step-by-step explanation:

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