subject
Mathematics, 21.12.2021 16:40 heysonic91

Brand managers become concerned if they discover that customers are aging and gradually moving out of the​ high-spending age groups. The average buyer for a particular brand of car is . A new model draws in younger customers. If a sample of purchasers of the new model has average age ​(with standard deviation ​), is this compelling evidence that the buyers of the new model are younger than the typical buyer of the​ brand? (Assume that the data meet the sample size​ condition.) Complete parts a through c. ​(a) State the null and alternative hypotheses. Describe the parameters. Choose the correct answer below. A. H0​: ​, Ha​: ​; is the average age of purchasers of the new model. B. H0​: ​, Ha​: ​; is the average age of purchasers of the new model. Your answer is not correct. C. H0​: ​, Ha​: ​; is the average age of purchasers of the new model. This is the correct answer. D. H0​: ​, Ha​: ​; is the average age of purchasers of the brand. ​(b) Describe the Type I​ (false positive) and Type II​ (false negative) errors. Choose the correct answer below. A. Concluding that purchasers of the new model are not younger when in fact they are is a Type I error. Concluding that purchasers of the new model are younger when in fact they are not is a Type II error. B. Concluding that purchasers of the new model are younger and they are is a Type I error. Concluding that purchasers of the new model are not younger when in fact they are is a Type II error. C. Concluding that purchasers of the new model are younger when in fact they are not is a Type I error. Concluding that purchasers of the new model are not younger when in fact they are is a Type II error. D. Concluding that purchasers of the new model are younger when in fact they are not is a Type I error. Concluding that purchasers of the new model are not younger and they are not is a Type II error. ​(c) Find the test statistic. Be sure to indicate its value in your Excel file. Find the​ p-value associated with the test. Do the data supply enough evidence to reject the null hypothesis if ​0.025? ​p-value 0.007 ​(Type an integer or decimal rounded to three decimal places as​ needed.) Do the data supply enough evidence to reject the null hypothesis if ​0.025? A. H0. There is sufficient evidence that purchasers of the new model are younger than years on average. B. H0. There is sufficient evidence that purchasers of the new model are younger than years on average.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Your client has saved $1,860 for a down payment on a house. a government loan program requires a down payment equal to 3% of the loan amount. what is the largest loan amount that your client could receive with this program
Answers: 3
question
Mathematics, 22.06.2019 00:00
Fill in the blank 1. a rhombus is a rectangle a) always b) sometimes c) never 2. a square is a quadrilateral a) always b) sometimes c) never 3. a trapezoid is a kite a) always b) sometimes c) never 4. a quadrilateral is a kite a) always b) sometimes c) never 5. a square is a rhombus a) always b) sometimes c) never 6. a parallelogram is a rectangle a) always b) sometimes c) never
Answers: 1
question
Mathematics, 22.06.2019 00:30
A10 inch cookie cake is divided into 8 slices. what is the area of 3 slices
Answers: 1
question
Mathematics, 22.06.2019 00:30
You are riding your bike and notice the square sign above. you mentally draw a straight line from point a to c. describe the angle relationship between dca and bca
Answers: 1
You know the right answer?
Brand managers become concerned if they discover that customers are aging and gradually moving out o...
Questions
Questions on the website: 13722362