Find critical value using one tailed t test

Reference no: EM13123541

Suppose a one tailed t test is being applied to find out if the population mean is less than $120. The level of significance selected is 0.01 and 26 bank accounts were sampled. The critical value is:

a) -2.580
b) -2.485
c) -1.960
d) -2.479
e) None of the above

Reference no: EM13123541

Questions Cloud

Which employees within organization likely be good source : Why might we want to develop these initial expectations prior to beginning our analytical procedures?

Graph and simultaneous equations : Accurately and neatly graph and label each of the equations and estimate the point of intersection of the two lines.

Explain how does sarah have to include in her gross income : Another client gave her a check for $750 on December 31, 2011, but after the bank had closed. Both the $500 and $750 checks cleared the next year. Explain how much does Sarah have to include in her gross income for 2011?

Which of the resource constraints profit the most and why : Which of the resource constraints profit the most and why? Identify the sensitivity ranges for the profit of a sausage biscuit and the amount of sausage available. Explain the sensitivity ranges.

Find critical value using one tailed t test : Suppose a one tailed t test is being applied to find out if the population mean is less than $120. The level of significance selected is 0.01 and 26 bank accounts were sampled.

Estimating the company future revenues : Assume you are reviewing a company's annual report. In addition to actual revenues reported in the income statement, what other information disclosed would give you help in estimating this company's future revenues?

Draw marginal revenue and marginal cost curves : Derive, and show on a table, Sony's total and marginal revenue for all possible output levels. From this, draw Sony's demand, marginal revenue and marginal cost curves

Determining linear function and distance : If it is 300 miles from Chicago to St. Louis in a car traveling a constant speed of 60 mph, how do I write a linear function that expresses the distance to be traveled to reach St. Louis, s, as a function of time, t?

Explain how do small companies that have minimal accounting : From an accountant’s perspective, separation of duties is self-explanatory. Explain how do small companies that have minimal accounting staff deal with this issue? Explain how might you, as owner of a small business, ensure the integrity of your f..

User Account

All Pages