According to the Wall Street Journal, the average American jockey makes only $25,000 a year. Suppose you
Question:
According to the Wall Street Journal, the average American jockey makes only $25,000 a year. Suppose you try to disprove this claim against a right-tailed alternative and your random sample of 100 U.S. jockeys gives you a sample mean of $45,600 and sample standard deviation of $20,000. What is your p-value?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
H 0 25000 H 1 25000 n 100 05 45600 s 20000 Using template Testing Population ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
Students also viewed these Statistics questions
-
According to the Wall Street Journal (August 30, 2007, In the Balance), it takes about 30 hours to assemble a vehicle in the United States. Lets use that fact plus a few invented numbers to sum up...
-
According to The Wall Street Journal article on February 1, 1996 (Intrinsic Value by Roger Lowenstein, p. C1), pension fund assets in the United States grew dramatically by approximately 29...
-
According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Suppose that as part of the restructuring plan...
-
Dominic and Magalie have been married for five years and have thes children, aged four, seven and nine. Dominic and Magale are diverong and Magalie has been ordered to pay child support, until the...
-
This exercise is based on results in McNamee (2003) on the use of two-phase sampling to estimate disease prevalence. An inexpensive, but possibly inaccurate, screening test for the disease is given...
-
Masterson, Inc., has 4.1 million shares of common stock outstanding. The current share price is $84, and the book value per share is $11. The company also has two bond issues outstanding. The first...
-
Describe the purpose and process of utilization review.
-
Multiple-Choice Questions 1. The key difference between residual income and economic value added is that EVA a. Uses the actual cost of capital for the company rather than a minimum required cost of...
-
1. Comment each line of this HTML/JavaScript code to describe what it is doing. 2. Sketch a picture of the webpage before the button is clicked. 3. Sketch a picture of the web page after the button...
-
Indicate which variable you think should be the predictor (x) and which variable should be the response (y). Explain your choices. a. Weights of nuggets of gold (in ounces) and their market value...
-
According to the New York Times, the Martha Stewart Living Omni media Company concentrates mostly on food. An analyst wants to disprove a claim that 60% of the company's public statements have been...
-
A large manufacturing firm believes that its market share is 45%. From time to time, a statistical hypothesis test is carried out to check whether the assertion is true. The test consists of...
-
On November 1, 2013, Ambrose Company sold merchandise to a foreign customer for 100,000 FCUs with payment to be received on April 30, 2014. At the date of sale, Ambrose entered into a six-month...
-
You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the colleges discount rate is 4%, how large will the annual...
-
Natasha Kingery is 30 years old and has a Bachelor of Science degree in computer science. She is currently employed as a Tier 2 field service representative for a telephony corporation located in...
-
This exercise describes the inverse Chebyshev approximation. The attenuation function of a lowpass inverse Chebyshev filter is characterized as \[\begin{aligned}\left|A\left(\mathrm{j}...
-
Ramanujans taxi. Srinivasa Ramanujan was an Indian mathematician who became famous for his intuition for numbers. When the English mathematician G. H. Hardy came to visit him one day, Hardy remarked...
-
The 5 region of the TPP riboswitch in Bacillus subtilis is very similar to the TPP riboswitch in E. coli. However, the riboswitch in B. subtilis regulates transcription, whereas the one in E.coli...
-
A study anticipates that subjects treated with drug A will have substantial improvement in their neuropathy symptoms. If the study measures neuropathy symptoms as mild, moderate, or severe, what...
-
The Home Depot is the leading retailer in the home improvement industry and one of the 10largest retailers in the United States. The company included the following on its January 29, 2012, balance...
-
The 1057 houses described in Exercise 46 have a mean price of $167,900, with a standard deviation of $77,158. The mean living area is 1819 sq. ft., with a standard deviation of 663 sq. ft. Which is...
-
The data set provided contains the aver-age tuition of private four-year colleges and universities as well as the average 20072008 tuitions for each state. The mean tuition charged by a public...
-
FAOSTAT, the Food and Agriculture Organization of the United Nations, collects in-formation on the production and consumption of more than 200 food and agricultural products for 200 countries around...
-
Can social norms be understood as emergent properties of social interactions, reflecting negotiated agreements among members of a society regarding acceptable behavior and moral standards?
-
A quantitative portfolio manager is very good at managing against the Russell 2000 Index. In fact, she is expected to achieve an B of 0.5% per month. Unfortunately, her benchmark is the S&P 500. She...
-
Suppose that a QEPM department hires a new quantitative equity portfolio manager to manage one of its portfolios. Suppose that the portfolio managers benchmark is the S&P 500, with a Sharpe ratio of...
Study smarter with the SolutionInn App