Saturday, December 21, 2019

Part B Course Project Math 533 Essay - 1868 Words

Course Project Part B a. the average (mean) annual income was less than $50,000 Null and Alternative Hypothesis H0: mu= 50 (in thousands) Ha: mult;50 (in thousands) Level of Significance Level of Significance = .05 Test Statistic, Critical Value, and Decision Rule Since alpha = .05, zlt;-1.645, which is lower tailed Rejection region is, zlt;-1.645 Calculate test statistic, x-bar=43.74 and s=14.64 Z=(43.74-50)/2.070=-3.024 2.070 is calculated by: s/sq-root of n Decision Rule: The calculated test statistic of -3.024 does fall in the rejection region of zlt;-1.645, therefore I would reject the null and say there is sufficient evidence to indicate mult;50. Interpretation of Results and Conclusion†¦show more content†¦the average (mean) credit balance for suburban customers is more than $4300. 15 people of 50 surveyed live in a suburban community, so I will be conducting a t-test because 15lt;30. Null and Alternative Hypothesis H0: mu=$4,300 Ha: mugt;$4,300 Level of Significance Level of Significance= .05 Test Statistic, Critical Value, and Decision Rule Since alpha= .05, tgt;1.761, which is upper tailed. Rejection region is tgt;1.761 Calculate the test statistic, x-bar=4675 and s=742 T=(4675-4300)/742sqrt15=1.957 Decision Rule: 1.957 is greater than 1.761, which means it does fall in the rejection region, so I would reject H0. Because I am rejecting H0, this means that there is sufficient evidence to conclude that the average credit balance for the suburban customers is greater than $4300 Interpretation of Results and Conclusion p-value=.035 .035lt;.05 Because the p-value of .035 is less than the significance level of .05, I will reject the null hypothesis at 5% level. 95%=(4264, 5086)- I am 95% confident that the average credit balance for suburban customers falls between $4264 and $5,086. Minitab Output One-Sample T Test of mu = 4300 vs gt; 4300 95% Lower N Mean StDev SE Mean Bound T P 15 4675 742 192 4338 1.96 0.035 Final Report of Results Before parts a-d are broken down, provided below are a theShow MoreRelatedMath 533 Course Project Part B Essay1482 Words   |  6 PagesAJ DAVIS AJ DAVIS MATH 533 Project Consumer Tel – 123-456-7891 July 21st 2013 MATH 533 Project Consumer Tel – 123-456-7891 July 21st 2013 Lakshan Nanayakkara AJ DAVIS is a department store chain, which has many credit customers. A sample of 50 credit customers is selected with data collected on location, income, credit balance, number of people and years lived in the house Lakshan Nanayakkara AJ DAVIS is a department store chain, which has many credit customers. A sample of 50 creditRead MoreKkkkkkkkkkkkkkkkkkk6406 Words   |  26 PagesFactors Automotive Engineering Seminar and Capstone Project TOTAL PROGRAM: Semester Credit 9 9 6 6 30 The M. Eng. Degree in Automotive Engineering requires a total of 30 credits—27 of which must be letter (A-E) graded. A minimum grade point average of 5.0/9.0 (â€Å"B† average) is required for graduation. Of the 30 credit hours, 24 must be 500 level or above. At most, 6 credit hours can be at the 400-level. SYSTEMS ENGINEERING CORE (9 credits) Courses must be taken in each area. 1. Powertrain AUTO 563Read MoreSylabus for Rhetoric3362 Words   |  14 PagesNOTE: All matters associated with this course are subject to change at the instructors discretion. Any and all changes will be communicated to students in writing. Course Description RHET 1302 will prepare you for college-level writing while helping you develop your critical thinking skills. Rhetoric is the study and practice of how people communicate messages, not only in writing and speech, but also through visual and digital mediums. In this class, you will develop skills to analyze theRead MoreProject Mgmt296381 Words   |  1186 Pages Cross Reference of Project Management Body of Knowledge (PMBOK) Concepts to Text Topics Chapter 1 Modern Project Management Chapter 8 Scheduling resources and cost 1.2 Project defined 1.3 Project management defined 1.4 Projects and programs (.2) 2.1 The project life cycle (.2.3) App. G.1 The project manager App. G.7 Political and social environments F.1 Integration of project management processes [3.1] 6.5.2 Setting a schedule baseline [8.1.4] Setting a resource schedule ResourceRead MoreStatistics Report - Effective Self-Studying Time9712 Words   |  39 Pages5 2. Questionnaire design. 5 3. Sample size 5 4. Sampling method and data collection 6 A. Sampling method 6 B. Data collection 7 5. Data processing 7 6. Significant level of test 7 III. Descriptive results and findings 8 IV. Results and Findings of the  Hypothesis Test: 13 V. Evaluation 16 1. Limitation 16 a. Sampling errors 16 b. Non- sampling errors†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...16 2. Implications†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16 VI. Conclusion and RecommendationsRead Morein school suspension8340 Words   |  34 PagesHoyle, Feeney, Yungbluth, 2001; Leming, 2000; Schultz, Barr, Selman, 2001; Williams, Yanchar, Jensen, Lewis, 2003). However, many programs available for purchase or implementation remain either: (a) evaluated only by internal evaluators, (b) not scrutinized by an academic review process, (c) evaluated through a grant process that frequently becomes the property of the sponsoring agency, or (d) unevaluated. As a result, school administrators, the con82 Copyright  © 2006 Prufrock PressRead MoreIncome Inequality, Class Warfare And Alternative Models8449 Words   |  34 Pagesother equalizing government programs. Hence, there is a divide between the values of equality and freedom: the freedom to keep your earnings versus redistributing wealth in order to equalize opportunities and outcomes. This paper argues that being part of any class is the least predictor of many other behavioral measures. Alternatively, we find that other measures such as altruism, awareness and optimism are better predictors for values of government actions to reduce income inequality. This opensRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesOlsen, Jay Devore Acquisitions Editor: Carolyn Crockett Development Editor: Danielle Derbenti Assistant Editor: Beth Gershman Editorial Assistant: Ashley Summers Technology Project Manager: Colin Blake Marketing Manager: Joe Rogove Marketing Assistant: Jennifer Liang Marketing Communications Manager: Jessica Perry Project Manager, Editorial Production: Jennifer Risden Creative Director: Rob Hugel Art Director: Vernon Boes Print Buyer: Karen Hunt Permissions Editor: Isabel Alves Production Service:Read MoreLogical Reasoning189930 Words   |  760 Pagesby Bradley H. Dowden This book Logical Reasoning by Bradley H. Dowden is licensed under a Creative Commons AttributionNonCommercial-NoDerivs 3.0 Unported License. That is, you are free to share, copy, distribute, store, and transmit all or any part of the work under the following conditions: (1) Attribution You must attribute the work in the manner specified by the author, namely by citing his name, the book title, and the relevant page numbers (but not in any way that suggests that the bookRead MoreMedicare Policy Analysis447966 Words   |  1792 Pages00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3962.IH H3962 2 1 2 (b) TABLE TITLES.—This OF DIVISIONS, TITLES, AND SUB- Act is divided into divisions, titles, and 3 subtitles as follows: DIVISION A—AFFORDABLE HEALTH CARE CHOICES TITLE I—IMMEDIATE REFORMS TITLE II—PROTECTIONS AND STANDARDS FOR QUALIFIED HEALTH BENEFITS PLANS Subtitle A—General Standards Subtitle B—Standards Guaranteeing Access to Affordable Coverage Subtitle C—Standards Guaranteeing Access

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.