Examlex

Solved

Assume That a Simple Random Sample Has Been Selected from a Normally

question 110

Essay

Assume that a simple random sample has been selected from a normally distributed population and test the given claim.
Use either the traditional method or P-value method as indicated. Identify the null and alternative hypotheses, test statistic, critical value(s) or P-value (or range of P-values) as appropriate, and state the final conclusion that addresses the original claim.
-In tests of a computer component, it is found that the mean time between failures is 520 hours. A modification is made which is supposed to increase the time between failures.
Tests on a random sample of 10 modified components resulted in the following times (in hours) between failures.
518548561523536499538557528563\begin{array} { l l l l l } 518 & 548 & 561 & 523 & 536 \\499 & 538 & 557 & 528 & 563\end{array}
At the 0.05 significance level, test the claim that for the modified components, the mean time between failures is greater than 520 hours. Use the P-value method of testing hypotheses.


Definitions:

External Customers

Individuals or entities that purchase a company's products or services but are not part of the organization itself.

Internal Customers

Individuals or departments within an organization that receive services or products from other parts of the same organization.

Merchants

Individuals or businesses engaged in the trade of goods, especially those who buy and sell goods for profit.

Competitive Advantage

An advantage a company has over its competitors, enabling it to generate greater sales, margins, and retain more customers.

Related Questions