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 deviation is known to be 2.1 . Is there sufficient evidence at the 0.02 level to support the testing firm's claim? Step 2 of 6: Find the value of the test statistic. Round your answer to two decimal places.

\( 11,16,12,7,23,9,5,5 \) What is the median of the data? B. 10 D. 11 D. 18

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 =

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

Josie is organizing her ribbons for a craft project. The list shows the length of each of her ribbons. \( 21.5 \mathrm{~cm}, 12.4 \mathrm{~cm}, 30.4 \mathrm{~cm}, 15.3 \mathrm{~cm}, 10.7 \mathrm{~cm}, 7.9 \mathrm{~cm}, 14.6 \mathrm{~cm}, 11.2 \mathrm{~cm} \) What is the median ribbon length? A. 12.4 cm B. 13.0 cm C. 13.5 cm D. 14.6 cm E. 15.5 cm

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 \( \alpha=0.002 \). 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 \( =-3.198^{\circ} \times \)