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Ǒ / N of Values The Sample N

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0% found this document useful (0 votes)
41 views2 pages

Ǒ / N of Values The Sample N

Uploaded by

Vencint Laran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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COST DATA

1. A car dealer reports that the average cost of cars is P23,350 with a standard deviation of
P3,350. To see if the average cost of cars is not different at a large car manufacturer, a
researcher selected a random sample of 35 brand of cars. At α = 0.05, can it be
concluded that the average cost at a large manufacturer is not different.

Step 1: Given:
n=35
µ= P23,350
ǒ= P3,350
α= 0.05

Step 2: Hypothesis:
Ho: µ= P23,350 (claim)
Ha: µ≠ P23,350

Step 3: α= .05
Test Statistic: Z test Two-Tailed test ǒ is known

ẍ−µ
Z=
ǒ /√n

ẍ=
∑ of Values∈the Sample
n

823,700
ẍ=
35

ẍ= 23,534.28571

ẍ−µ
Z=
ǒ /√n

23,534.28571−23 ,35 0
Z=
3 ,350 / √3 5

184.28571
Z=
3,350/ √ 35

184.28571
Z=
566.2533507
Z= 0.3254474517

2. A job placement director claims that the average starting salary for nurses is more than P15,000.
A sample of 10 nurses has been surveyed. Is there enough evidence to reject the director’s claim
at α = 0.05?

Step 1: Given: µ= 15,000, n= 10, α= .05 Degrees of freedom= 9, one tail test, ẍ= 22,720,
s= 2,789.5838

Step 2: Hypothesis

Ha= µ ≤ 15,000
Hο= µ > 15,000 (claim)

Step 3: Test Statistic: t-test with ǒ unknown

ẍ−µ
t=
s/√n

22,720−15,000
t=
2,789.5838/ √ 10

7,720
t=
2,789.5838/ √ 10

7,720
t=
882.1438532

t= 8.751407123

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