Pset 8 Assignment
Pset 8 Assignment
Pset 8 Assignment
1 EZ Pass 2
B have a β value of 50
EZ Pass 3
C Greater than 95
When there of 5
2 are 6 layoffs instead we get
P X 61 random layoffs of six workers among 33
p
P X 6 2 0.035
39
this is less thanSo unlike the example Ho will
0.05
would be rejected There is little chance for this to be
coincidence
3 i
PA the probability that a purchase occurs after viewing A
PB the probability that a purchase occurs after viewing B
According to Hy
PB 1 25 Pa
Since people see ad A and B with equal chance the purchase
probability can be
P purchase P
I 8171.25 PA 1.125 PA
Ho there is no discrimination
5 i u 6 6 1.2
P score 8 8 P Z 8 P Z 2.33
26
Since the normal distribution is symmetric
P Z c 2.33 P 2 2.33 0.0099
So P score 3.2 or score 8 8 2 0.0099 0.0198
P XCL P X U 0.05
PIXEL P X U 0.025
For a standard normal distribution P ZC 2 0.025
4 8733 2 3552
in we need to find P 3.2C X 8.8
for 3 2
322245 172
2.083
for 8.8 2
8.82
5
32
3.583
p z 1.083 a 0.14
P Z 3.583 a 0.99
P 3.2 X 8.8 0.99 0.14 0.86
p 0.86 0.223
6 EZPass 3
D
effemationbe determined from
the
given
EZ Pass 5
B 2.3 to 2.5 minutes
EZ Pass 6
A must exceed 250 but need not exceed 500
7 M 4.4
W X M
for X 0 W 4.4
P W 44 P o 8 10 6 10.45 0.01024
for X 4 W 4 44 0.4
0
8 is x̅ Xi 0.9317
5 100567
12,721 5 0.0753
Sx 0.01775
If
99 confidence interval
35 confiscation 1.6
65 Confiscation 31.0
95 Confiscation 63.86
100 Confiscation 3.6
ii Since there is high probability that the true mean
lies in the
range warranting a 95 confiscation the
as
penalty is statistically supported the data Given
by
this
probability the penalty is not overly harsh
ITT