Home / Questions / Watch Corporation of Switzerland claims that its watches on average will neither gain nor ...
Watch Corporation of Switzerland claims that its watches on average will neither gain nor lose time during a week. A sample of 18 watches provided the following gains (+) or losses (-) in seconds per week. Is it reasonable to conclude that the mean gain or loss in time for the watches is 0?
-0.40
0.40
-0.10
-0.32
-0.40
-0.23
0.30
0.25
-0.10
-0.37
-0.61
-0.30
0.40
-0.64
-0.10
-0.30
-0.68
-0.20
Click here for the Excel Data File
(a-1)State the decision rule for 0.02 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)
Reject H0: μ = 0 if t
(a-2)Compute the Value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)
Value of the test statistic
(a-3)What is your decision regarding the null hypothesis?
(Click to select)
Cannot reject
Reject
H0: μ = 0. The p-value is (Click to select)
less than 0.001
between 0.10 and 0.20
between 0.02 and 0.05
between 0.01 and 0.02
between 0.001 and 0.01
between 0.05 and 0.10
greater than 0.20
Apr 08 2020 View more View Less
(a) Find parametric equations for the ellipse [Hint: Modify the equations of the circle in Example 2.](b) Use these parametric equations to graph the ellipse when a=3 and...
Jul 16 2021Two national companies both sell a variety of soaps and lotions. When looking at the books, though, one company lists goodwill as an asset, but the other company does not...
Feb 06 2020What are the tools, equipment, and factories used in the production of goods and services called?
Jun 03 2021If there are 24 students. how many handshakes would there be? grade 7?
Apr 27 2020Pick one action in the film and reflect on your feelings and thoughts about it as well as how effective it was in
Mar 17 2020The next dividend payment by Halestorm, Inc., will be $2.12 pershare. The dividends are anticipated to maintain a growth rate of 8percent forever. If the stock currently ...
Dec 02 2019Polly Khan is trying to calculate the risk-free rate given the following information: The current market rate of interest is 8%. Investorâs have been requiring a 10% an...
Jul 04 2021Find the least-squares line for the following points: (1, 2),(2, 3), (3, 3), (4, 5).y = 0.85x + 0.75None of the answers are correct.y = 0.9x + 1y = 0.8x + 1
Aug 21 202151.The ending balances on the statement of stockholders’ equity are also reported on the ________ .a.sales chartb.cash flow statementc.balance sheetd.income statement52.W...
Dec 25 2019The political business cycle refers to the possibility that:A. incumbent politicians will be reelected regardless of the state of the economy.B. politicians will manipula...
Apr 26 2021