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yomamaisfat1519
09.03.2021 •
Mathematics
Gabby is Mines >:) !
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Ответ:
Gabby, Run.
Step-by-step explanation:
Ответ:
(a) We have not significant evidence to show that the software company's claim of a minimun of 20 percent in cost savings was not valid
(b) a 95% confidence interval for the average cost-saving yield is (17.5283, 20.4917)
Step-by-step explanation:
Let X be the random variable that represents a cost-saving yield (in percent) during the first year of operation of the software for a firm. We have observed n = 10 values,
= 19.01 and s = 2.0712. We suppose that X is normally distributed.
(a)
We have the following null and alternative hypothesis
We will use the test statistic
if
is true, then T has a t distribution with n-1 = 9 degrees of freedom.
p-value = P(T < -1.5115) = 0.0825
We can use a table from a book or a programming language to find this probability P(T < -1.5115).
You can use the instruction pt(-1.5115, df = 9) in the R statistical programming language.
Because the p-value is greater than 0.05 (0.0825 > 0.05) we fail to reject the null hypothesis at the level of significance of 0.05.
(b)
We will use
as the pivotal quantity. T has a
distribution with n-1 = 9 degrees of freedom. Then, as we want a 95% confidence interval for the average cost-saving yield estimate, we should find the 2.5th quantile of the t distribution with 9 degrees of freedom, i.e.,
, this value is -2.2622. Therefore the 95% confidence interval is given by
(17.5283, 20.4917)
To find the 2.5th quantile of the t distribution with 9 degrees of freedom, you can use a table from a book or the next instruction in the R statistical programming language
qt(0.025, df = 9)