User Account

All Pages

Hypothesis test conclusion differ using the t or normal

Assignment Help Basic Statistics
Reference no: EM131987821

Comparing the answers to (a) and (b), for what range of values of t statistics would the hypothesis test conclusion differ between using the t or normal critical values? How practically important does this difference appear to be? Explain.

Given that n=60, H0: mean=0, HA: mean>0, level of significance=0.05 and:

(a) Using t distribution in excel, critical value=1.671

(b) Using the table(since the df>30, so we use df=infinity), critical value=1.645

Reference no: EM131987821

Questions Cloud

Maximization of shareholder wealth as the primary goal : A major advantage of using the maximization of shareholder wealth as the primary goal of the firm is that this goal considers
Which would represent an after-tax risk premium : Which would represent an after-tax risk premium. What coupon rate must be set on the preferred in order to issue it at par?
Briefly describe the organization you work for : Briefly describe the organization you work for (you do not have to share the organization name) and the industry in which it is in.
Describe the types of ethical misconduct : Considering the organization you are familiar with, describe the types of ethical misconduct you have personally observed?
Hypothesis test conclusion differ using the t or normal : Comparing the answers to (a) and (b), for what range of values of t statistics would the hypothesis test conclusion differ between using the t or normal
How long will it take to double your money : If you deposit money today in an account that pays 11.5% annual interest, how long will it take to double your money?
How often should a hospital management review the budget : With fewer employees on the payroll, states receive less revenue from taxes and thus have less money to pay for Medicaid and other services.
Calculate the dollar weighted rate of return : Assume months of equal length, and assume that simple interest is used to calculate the dollar weighted rate of return.
Probability that a continuous random variable equals : Unlike discrete random variables, the probability that a continuous random variable equals a specific value is zero [P(X = x) = 0].

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd