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Tutorial 7 Questions

The document outlines a tutorial for a quantitative methods and analytics course, focusing on hypothesis testing through three scenarios. It includes calculations for test statistics, p-values, and conclusions based on significance levels for different hypotheses regarding population means and proportions. The scenarios involve sample data related to general population means and specific case studies like Coca-Cola consumption in Atlanta.

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4 views2 pages

Tutorial 7 Questions

The document outlines a tutorial for a quantitative methods and analytics course, focusing on hypothesis testing through three scenarios. It includes calculations for test statistics, p-values, and conclusions based on significance levels for different hypotheses regarding population means and proportions. The scenarios involve sample data related to general population means and specific case studies like Coca-Cola consumption in Atlanta.

Uploaded by

denisy543
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

BM1200 QUANTITATIVE METHODS AND ANALYTICS

TUTORIAL #7

1) Consider the following hypothesis test:


H0: μ ≤ 25
HA: μ > 25

A sample of 40 provided a sample mean of 26.4. The population standard deviation


is 6.
a) Compute the value of the appropriate test statistic.
b) What is the p-value? (Hint: The p-value does not have to be precise, you can
locate and use its approximate position in a table and compare it with the
significance level. For example, you can answer by stating that the p-value is
between 0.005 and 0.010 and then compare it against the significance level.)
c) At α = 0.05, what is your conclusion?

2) Suppose you are trying to show that more than 25% of students use ride-sharing
platforms such as Uber and Lyft. To check the validity of this claim, you decide to
survey 100 students, which revealed that 28 of them use ride-sharing.
a) Formulate the null and alternate hypotheses.
b) What is the p-value for the hypothesis test? (Note: The p-value does not have to
precise, you can locate and use its approximate position in a table and compare it
with the significance level.)
c) At the significance level α = 0.05, do you conclude that there is evidence that
more than 25% of students use ride sharing?
d) Suppose that your survey instead resulted in 34 students out of 100 using ride
sharing. Performing a similar analysis, what would your conclusion be at the 0.05
significance level?

3) The Coca-Cola Company reported that the mean per capita annual sales of its
beverages in the United States was 423 eight-ounce servings. Suppose you want to
show that annual Coca-Cola product consumption is higher than 423 servings in

1
Atlanta, Georgia, the location of Coca-Cola’s corporate headquarters. A sample of 36
individual from the Atlanta area showed a sample mean annual consumption of 460.4
eight-ounce servings with a standard deviation of s=101.9 servings.
a) State the appropriate hypotheses.
b) Compute the value of the appropriate test statistic.
c) What is the p-value? (Note: Approximate p-values are sufficient.)
Test at α = 0.05. What do you conclude?

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