An automobile manufacturer has given its van a 31.0 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the actual MPG for this van since it is believed that the van performs under the manufacturer's MPG rating. After testing 150 vans, they found a mean MPG of 30.8. Assume the population standard deviatlon is known to be 2.1 . Is there sufficlent evidence at the 0.02 level to support the testing firm's claim? Step 6 of 6 : Make the decision to reject or fail to reject the null hypothesis. Answer 2 Points < Fail to Reject Null Hypothesis

Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January \( 31,2006,9 \) of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that \( 30 \% \) of the stocks traded on the New York Stock Exchange (NYSE) went up the same day. A sample of 76 stocks traded on the NYSE that day showed that 10 went up. You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3 . You use a significance level of \( \alpha=\ldots 2 \). What is the test statistic for this sample? Use \( \hat{p} \) rounded to 4 decimal places. (Report answer accurate to 4 decimal places.) test statistic =

Use this set of numbers to answer the question. \( \begin{array}{l}4,11,6,9,23,34,6,19 \\ \text { What is the median for this set of numbers? } \\ \text { A. } 6 \\ \text { B. } 10 \\ \text { D. } 14 \\ \text { D. } 16\end{array} \)

Select all of the possible null hypotheses from the list below. \( p=0.37 \) \( p>0.84 \) \( p<0.42 \) \( p \neq 0.10 \)

\( n = 5 \quad p ( \overline { x } > 500 ) \)

Find the mean of: \( 1.8,1.7,1.3,1.1,1.2,1.6,1.8 \) A. 1.6 B. 1.4 C. 1.8 D. 1.1 E. 1.5