Self-assessment exercise

1. Consider the following hypothesis test:

H0: µ ≤ 12
Ha: µ > 12

A sample of 25 provided a sample mean of 14 and a sample deviation s = 4.32.

A. Compute the value of the test statistic.

B. Use the t-distribution table to compute a range for the p-value
C. At α = 0.05, what is your conclusion?
D. What is the rejection rule using the critical value? What is your conclusion?

2. A shareholders group, in lodging a protest, claimed that the mean tenure for a chief executive
officer (CEO) what's at least nine years. A survey of companies reported in the Wall Street Journal
found a sample mean tenure of 𝑥̅ = 7.27 Years for CEOs with a standard deviation of s=6.38 years.
A. Formulate hypothesis that can be used to challenge the validity of the claim made by the
shareholders group
B. Assume 85 companies were included in the sample, what is the P value for your hypothesis
test?
C. At α = .01, what is your conclusion?

3. Consider the following hypothesis test

H0: p = .20
Ha: p ≠ .20

A sample of 400 provided a sample proportion 𝑝̅ = 0.175.

A. compute the value of the test statistic.

B. What is the P value?
C. At α = .05 what is your conclusion?
D. What is the rejection rule using the critical value what is your conclusion?

4. A study by Consumer Reports showed that 64% of supermarket shoppers believe supermarket
brands to be as good as national name brands. To investigate whether this result applies to its own
product, the manufacturer of a national name brand ketchup asked the sample of shoppers whether
they believed that the supermarket catch up was as good as the national brand ketchup.
A. Formulate the hypothesis that could be used to determine whether the percentage of
supermarket shoppers who believe that the supermarket catch up was good as the national
brand ketchup differed from 64%.
B. If a sample of 100 shoppers showed 52 stating that the supermarket brand was as good as the
national brand, what is the P value?
C. At α = .05 what is your conclusion?
D. Should the national brand catch up manufacturer be pleased with this conclusion? Explain.