Mathematics, 29.05.2020 05:00 Rayanecrazt3671
A few years ago, a census bureau reported that 67.4% of American families owned their homes. Census data reveal that the ownership rate in one small city is much lower. The city council is debating a plan to offer tax breaks to first-time home buyers in order to encourage people to become homeowners. They decide to adopt the plan on a 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. Since this plan costs the city tax revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing. Complete parts a through e below. a) In words, what will their hypotheses be? b) What would a Type I error be? c) What would a Type II error be? d) For each type of error, tell who would be harmed. e) What would the power of the test represent in this context?
Answers: 1
Mathematics, 22.06.2019 01:00
Michael split a rope that was 28 inches long into 5 equal parts. brenden split a rope that was 30 inches long into 6 equal parts. which boy's rope was cut into longer pieces?
Answers: 1
Mathematics, 22.06.2019 03:10
(co 3) the times that customers spend in a book store are normally distributed with a mean of 39.5 minutes and a standard deviation of 9.4 minutes. a random sample of 25 customers has a mean of 36.1 minutes or less. would this outcome be considered unusual, so that the store should reconsider its displays? no, the probability of this outcome at 0.035, would be considered usual, so there is no problem yes, the probability of this outcome at 0.035, would be considered unusual, so the display should be redone no the probability of this outcome at 0.359 would be considered usual, so there is no problem yes, the probability of this outcome at 0.965 would be considered unusual, so the display should be redone
Answers: 1
A few years ago, a census bureau reported that 67.4% of American families owned their homes. Census...
Arts, 29.06.2019 18:00
History, 29.06.2019 18:00
History, 29.06.2019 18:00
Biology, 29.06.2019 18:00
Health, 29.06.2019 18:00
Mathematics, 29.06.2019 18:00
History, 29.06.2019 18:00
Mathematics, 29.06.2019 18:00
Mathematics, 29.06.2019 18:00