DOC PREVIEW
WCU ECO 252 - ECO 252 Study Notes

This preview shows page 1-2 out of 7 pages.

Save
View full document
View full document
Premium Document
Do you want full access? Go Premium and unlock all 7 pages.
Access to all documents
Download any document
Ad free experience
View full document
Premium Document
Do you want full access? Go Premium and unlock all 7 pages.
Access to all documents
Download any document
Ad free experience
Premium Document
Do you want full access? Go Premium and unlock all 7 pages.
Access to all documents
Download any document
Ad free experience

Unformatted text preview:

Computer Question10/23/98 252z98514. A consumer advocacy group compares the proportions of automobiles produced by two different manufacturers that need major repairs in the first three years of ownership. The results are as below:Manufacturer 1 Manufacturer 2 10004511nx 10002722nxa. Do a 2-sided 99% confidence interval for the proportion produced by manufacturer 1 that need major repairs. (2)b. Do a 2-sided 91% confidence interval for the proportion produced by manufacturer 1 that need major repairs. (2)c. An automobile columnist states that over 5% of automobiles produced by the first manufacturer need repairs in the first three years. State the null and alternative hypotheses to be tested in this problem..(1)d. Do a test of the hypothesis in c) at a 95% confidence level. (3)e. Repeat d) at the 91% confidence level.(2)f. If the true proportion that need repairs is 6%, what is the power of the test? (3)g. If I claim that the proportion needing repairs is 6%, on how large a sample would this have to be based to be accurate within 0.5%? (2)Solution: From page 10 of the Syllabus Supplement:Interval for Confidence IntervalHypotheses Test Ratio Critical ValueProportionp p z sspqnq ppp  21HH0::p pp p01 0zp pp0p p zp qncv pp 00 02a) 955.1 and .04510004511 pqnxp   00655553.1000955.045. nqpsp 017.045.00655.576.2045.005.pszppb) From page 1 70.1045.z. So  011.045.00655.70.1045.005.pszppc)05.:H05.:H10 pp d)  00689.100095.05.00nqpp 645.105.zz (i) Test Ratio: 726.0.00689.05.045.0pppz. This is below 645.1so accept 0H. or (ii) Critical Value:  06134.00689.645.105.0pcvzpp . .045pis below this, so accept 0H. or (iii) Confidence Interval:  .0342.00655.645.1045.05.pszpp. This does not contradict 0H.e) We want a point 09.z, so that 09.09.zzP. From the diagram,  P z z0 4109  ... The closest we can come is  P z0 134 4099  . .. So z..09134. Redo one of the three ways of doing d) with 1.645 replaced by 1.34. .10/23/98 252z9851f) The power of a test is the probability of rejecting the null hypothesis when it is false. It is the opposite of the probability of wrongly accepting the null hypothesis. According to d) above, if05., we will accept 0H if p is less than or equal to .06134. So    0714.5.118.01100094.06.06.06134.106.1  zPzPpzPpowerpcv4286.5714.1 g) From the outline, if we assume a 95% confidence level so that 960.12z,    8667005.96.194.06.2222epqzn5. A consumer advocacy group compares the proportions of automobiles producer by two different manufacturers that need major repairs in the first three years of ownership. The results are as below:Manufacturer 1 Manufacturer 2 10004511nx 10002722nxa. Test the hypothesis that the proportions are equal at the 90% level. (5)b. Do a confidence interval for the difference at the 95% level. (4)c. Test the hypothesis that the proportion that need repairs is greater for the first manufacturer than the second at the 90% level. (2)d. Find p-values for your results in a) and c). (2)Those who do not learn from the past are doomed to repeat it.210/23/98 252z98516. A city sets a requirement that a sewer pipe must have a mean breaking strength exceeding 2500 pounds per linear foot. A test of 200 sections of sewer pipe yields an average strength of 2530 pounds per linear foot and a standard deviation of 200. Assume a confidence level of 95%.a. State null and alternative hypotheses for this problem and a critical value for the sample mean.(2)b. Given the sample results above, do you accept or reject the null hypotheses?(1)c. What is the power of the test if the true mean is 2535 pounds per square inch? (3)d. Do a power curve for this test. (4)e. If we claim that a population has a Poisson distribution with a mean of 9 , and the actual value foundis 15, do a hypothesis test at the 95% level. (3)f. Find the lowest value above 9 and the highest value below 9 that would lead to a rejection of the null hypothesis in f). Using these, find the power of the test if the mean is actually 12.5.(5)Solution: Interval for Confidence IntervalHypotheses Test Ratio Critical ValueMean ( known)  x zx2HH0 01 0::  zxx0x zcv x  02a)2500:H2500:H10. 200 and 2530,200,645.1,05.05. sxnz. Since the above can be used for large samples, replace x with 142.14200200nssx. If we use the critical value method,  26.2523142.14645.125000xcvszx.b) We accept 0H if 26.2523x, so reject 0H.c) We accept 0H if 26.2523x, so we need the probability that x is less than 2523.26 when the true mean is 2535.  2005.2995.5.84.0142.142535252325352523  zPzPxP. This is the probability of a type II error, so that the power is 1 - .2005 = .7995.d) Try the following points: At 25001the power is 5% (the significance level) At 25111the power is  142.14251125231251125231 zPxP    2005.2995.5.184.01  zP At 25231(the critical value) the power is 50%. At 25351the power is .7995. At 25461the power is  142.14254625231254625231 zPxP    9484.44845.163.11  zP310/23/98 252z9851e)9:H9:H10 mm. From the Poisson table for a mean of 9,  152  xPvaluep    08824.95853.121412  xP. Since this is above .05, accept 0H.f) Since the number in e) is pretty close to .05, try 16 (Look for probabilities above 97.5%!). Also try numbers close to zero (Look for probabilities below 2.5%!). For 16,  162  xPvaluep    02214.97786.121512  xPbelow .05 For 3,  32  xPvaluep 04246.02123.2  below .05.These tell us our reject region, so our accept region is 4


View Full Document

WCU ECO 252 - ECO 252 Study Notes

Documents in this Course
Load more
Download ECO 252 Study Notes
Our administrator received your request to download this document. We will send you the file to your email shortly.
Loading Unlocking...
Login

Join to view ECO 252 Study Notes and access 3M+ class-specific study document.

or
We will never post anything without your permission.
Don't have an account?
Sign Up

Join to view ECO 252 Study Notes 2 2 and access 3M+ class-specific study document.

or

By creating an account you agree to our Privacy Policy and Terms Of Use

Already a member?