The liquid chlorine added to swimming pools to combat algae has a relatively short shelf life before
Question:
The liquid chlorine added to swimming pools to combat algae has a relatively short shelf life before it loses its effectiveness. Records indicate that the mean shelf life of a 5-gallon jug of chlorine is 2,160 hours (90 days). As an experiment, Holdlonger was added to the chlorine to find whether it would increase the shelf life. A sample of nine jugs of chlorine had these shelf lives (in hours):
At the .025 level, has Holdlonger increased the shelf life of the chlorine? Estimate thepvalue.
Transcribed Image Text:
2,159 2,170 2,180 2,179 2,160 2,167 2,171 2,181 2,185
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
H o 2160 H 1 2160 Reject H o if t 2...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
Question Posted:
Students also viewed these Statistics questions
-
A milk company has four machines that fill gallon jugs with milk. The quality control manager is interested in determining whether the average fill for these machines is the same. The following data...
-
A 1 gallon jug of milk at 75 F is placed in your refrigerator where it is cooled down to the refrigerators inside temperature of 40 F. Assume the milk has the properties of liquid water and find the...
-
Indicate whether each item would be added (+) or subtracted (-) in the computation of cash flow from operating activities using the indirect method. Indicate whether each item would be added (+) or...
-
You are the CEO of Green Paper Inc., a producer of high-end printing paper with an emphasis on environmentally friendly "green" production methods. One of your employees has proposed a significant...
-
What is the best method of allocating advertising funds for real estate development? Why?
-
What qualitative considerations are relevant in a make-or-buy decision?
-
Is technological excellence enough for choosing a programming language?
-
How do they relate to the difference between tax expense and taxes payable? How could an organization have a tax receivable? Why is the tax expense reported on the income statement comprised of...
-
If I invest a single amount of $14,000 in an account earning 8% p.a. compounding quarterly for 5 years, how much interest will I have earned in those 5 years?
-
Table 4-3 contains sample data for parts and for vendors who supply those parts. In discussing these data with users, we find that part numbers (but not descriptions) uniquely identify parts and that...
-
The amount of water consumed each day by a healthy adult follows a normal distribution with a mean of 1.4 liters. A health campaign promotes the consumption of at least 2.0 liters per day. A sample...
-
A Washington, D.C., think tank announces the typical teenager sent 50 text messages per day in 2013. To update that estimate, you phone a sample of 12 teenagers and ask them how many text messages...
-
How does the nature of management change according to ones level and function in the organization?
-
What are the molecular and cellular processes underlying embryogenesis, including gastrulation, organogenesis, and tissue patterning, and how do these processes give rise to the complex architecture...
-
What is entrenchment in Constitutional law? What are the benefits of entrenchment? What is entrenchment of rights?
-
Did the BNA Act 1867 contain all of Canada's constitutional law at that time? Is the BNA part of the constitution?
-
November 1, 2023 Dear Sir: We have reviewed CLL's internal third-quarter financial statements, dated August 31, 2023. As a result of this review, we have determined that your financial raos connue to...
-
What are the molecular mechanisms underlying organogenesis and tissue differentiation during embryonic development, including the processes of organ primordium specification, organ bud outgrowth, and...
-
A car wheel 30 cm in radius is turning at a rate of 8.0 rev/s when the car begins to slow uniformly to rest in a time of 14 s. Find the number of revolutions made by the wheel and the distance the...
-
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
-
Consider the two one-shot investment alternatives shown in the table below. Neither alternative is expected to be available again in the future. MARR is 11 percent/year. Based on a present worth...
-
Develop a trend equation for the net sales ($ million) for Home Depot. Consider both a linear trend and a nonlinear trend. Which one would you select and why? Given the trend equation you selected,...
-
The following data report total, monthly, U.S. new car sales in millions of dollars from January 2019 to December 2021. (To find the data, go to https://www.census.gov/retail/index.html#mrts, find...
-
The following data report total, monthly U.S. book-store sales in millions of dollars from January 2019 to December 2021. (Go to https://www.census.gov/retail/index.html#mrts, find Monthly Retail...
-
Inventory costs are most likely to be shown as which type of data
-
A company manufactures several products that originate in a joint process and are separated at a split-off point. Which one of the following methods of joint-cost allocation would allocate the same...
-
Concepts What is the difference between determining the break-even point in units and determining the required sales in units for a target net income? To determine the break-even point in units you...
Study smarter with the SolutionInn App