Question

A phone industry manager thinks that customer monthly cell phone bills have increased, and have average...

A phone industry manager thinks that customer monthly cell phone bills have increased, and have average over $32 per month. The company wishes to test this claim.(Assume o =12 is known) suppose a sample is taken with the following results: N = 64, mean(x) =53.

Homework Answers

Answer #1

This hypothesis test is a right tailed test .

The null and alternative hypothesis is

H0 : = 32

Ha : > 32

Test statistic = z

= ( - ) /    / n

= (53 - 32) / 12 / 64

Test statistic = 14

P-value = 0

P-value < = 0.05

Reject the null hypothesis .

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A marketing manager for a cell phone company claims that the percentage of children aged 8-12...
A marketing manager for a cell phone company claims that the percentage of children aged 8-12 who have cell phones differs from 61%. In a survey of 826 children aged 8-12 by a national consumers group, 545 of them had cell phones. Can you conclude that the manager's claim is true? Use the α=0.10 level of significance and the P-value method with the TI-84 Plus calculator. a. state null and alternative hypothesis. what tail is the hypothesis test? b. Compute...
1) In 2003, Motorola released a cell phone, the RAZR, that was a breakthrough in design...
1) In 2003, Motorola released a cell phone, the RAZR, that was a breakthrough in design and major hit with customers. The engineers, designers, and marketers involved came from all over the company. They made decisions independently, including developing the project objectives, the project budget, the project schedule and assigning tasks. The project was finished ahead of schedule and under budget. A. This demonstrates that teams must contain mostly creative professionals to succeed B. This shows the value of autonomy...
1. Costs are rising for all kinds of health care. The mean monthly rent at assisted-living...
1. Costs are rising for all kinds of health care. The mean monthly rent at assisted-living facilities was recently reported to have increased 18% over the last five years. A recent random sample of 121 observations reported a sample mean of $3486. Assume that past studies have informed us that the population standard deviation is $650. For this problem, round your answers to 2 digits after the decimal point. (a) What are the end points of a 90% confidence-interval estimate...
Background You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting...
Background You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm with offices throughout the major regional centres of NSW and Queensland. Although a medium sized firm by national standards, MYH is the second largest regional accounting firm in Australia. Most of MYH’s audit clients are in the agriculture, mining, manufacturing and property industries. All of those industries are currently under pressure, either from a downturn in commodity prices or fierce competition from overseas...
You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm...
You are a manager in the audit division at Miller Yates Howarth (MYH), an accounting firm with offices throughout the major regional centres of NSW and Queensland. Although a medium sized firm by national standards, MYH is the second largest regional accounting firm in Australia. Most of MYH’s audit clients are in the agriculture, mining, manufacturing and property industries. All of those industries are currently under pressure, either from a downturn in commodity prices or fierce competition from overseas competitors....
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the...
Review the Robatelli's Pizzeria Case Study. Develop another internal controls system, but this time, in the purchases and fixed assets business areas. Prepare a 12- to 16-slide presentation describing the purchases and fixed assets business areas. Be sure to incorporate speaker notes as well as appropriate visuals, graphics, fonts, etc. Include any associated risk in these areas. Describe specific internal controls that include authorization of transactions, segregation of duties, adequate records and documentation, security of assets, and independent checks and...
Facts from Client Interview Tumutch and Lotta Bolloni have been married for four years. They both...
Facts from Client Interview Tumutch and Lotta Bolloni have been married for four years. They both work very hard at their jobs – Lotta being an accountant and Tumutch working as a construction manager. They decide to splurge and look into booking an all-inclusive vacation to the enchanting Fantasy Island, in Fiji for February 2020. The Bollonis do some research into different travel packages and get quotes from various agencies. They narrow their choices down to three possibilities: Travelcations &...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
1. For a pair of sample x- and y-values, what is the difference between the observed...
1. For a pair of sample x- and y-values, what is the difference between the observed value of y and the predicted value of y? a) An outlier b) The explanatory variable c) A residual d) The response variable 2. Which of the following statements is false: a) The correlation coefficient is unitless. b) A correlation coefficient of 0.62 suggests a stronger correlation than a correlation coefficient of -0.82. c) The correlation coefficient, r, is always between -1 and 1....
Muffler Magic* Muffler Magic is a fast-growing chain of 25 automobile service centers in Nevada. Originally...
Muffler Magic* Muffler Magic is a fast-growing chain of 25 automobile service centers in Nevada. Originally started 20 years ago as a muffler repair shop by Ronald Brown, the chain expanded rapidly to new locations, and as it did so Muffler Magic also expanded the services it provided, from muffler replacement to oil changes, brake jobs, and engine repair. Today, one can bring an automobile to a Muffler Magic shop for basically any type of service, from tires to mufflers...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT