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balandron [24]
1 year ago
5

The Boston public school district has had difficulty maintaining on-time bus service for its students ("A Year Later, School Bus

es Still Late," Boston Globe, October 5). Suppose the district develops a new bus schedule to help combat chronic lateness on a particularly woeful route. Historically, the bus service on the route has been, on average, 12 minutes late. After the schedule adjustment, the first 36 runs were an average of eight minutes late. As a result, the Boston public school district claimed that the schedule adjustment was an improvement—students were not as late. Assume a population standard deviation for bus arrival time of 12 minutes.The value of the test statistic isA. z=-0.33B. t35=-0.33C. z=-2.00D. t35=-2.00
Mathematics
1 answer:
zheka24 [161]1 year ago
8 0

Answer:

z=\frac{8-12}{\frac{12}{\sqrt{36}}}=-2    

C. z=-2.00

Step-by-step explanation:

Data given and notation  

\bar X=8 represent the sample mean

\sigma=12 represent the population standard deviation

n=36 sample size  

\mu_o =12 represent the value that we want to test

\alpha represent the significance level for the hypothesis test.  

t would represent the statistic (variable of interest)  

p_v represent the p value for the test (variable of interest)  

State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the ture mean is equal to 12 or no, the system of hypothesis would be:  

Null hypothesis:\mu =12  

Alternative hypothesis:\mu \neq 12  

If we analyze the size for the sample is > 30 and know the population deviation so is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:  

z=\frac{\bar X-\mu_o}{\frac{\sigma}{\sqrt{n}}}  (1)  

z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Calculate the statistic

We can replace in formula (1) the info given like this:  

z=\frac{8-12}{\frac{12}{\sqrt{36}}}=-2    

C. z=-2.00

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Answer:

21

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1 year ago
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Going from 30 minutes to 20 minutes is more work, thus it will require more people. The number of people would be the ratio of the 2. Since the number must be larger, you know the numerator must be the larger of the 2 numbers, so you get 30/20

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What is the standard deviation of the market portfolio if the standard deviation of a fully diversified portfolio with a beta of
Nina [5.8K]

Answer:

22.5%

Step-by-step explanation:

let the standard deviation for market portfolio = σₙ

Also let the standard deviation for fully diversified portfolio = σₓ

<u>To calculate fully diversified portfolio</u>

fully diversified portfolio has <em>σₓ = βσₙ</em>

From the given question beta (β) = 1.25

Also standard deviation for market portfolio (σₙ)  = 18% = 0.18

<em>From the equation above,  σₓ = βσₙ </em>= 1.25×0.18 = 0.225

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<em></em>

3 0
1 year ago
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