Rule for writing a hypothesis test

Assignment Help Business Economics
Reference no: EM131877191

Create a null and a alternative hypothesis, your own example. Now this is one way to state the rule for writing a hypothesis test, "In setting up a hypothesis test, the claim should always be written in the alternative hypothesis." So here is what this means, the null hypothesis is always that the world has not changed. The alternative hypothesis is the challenge, the world is different. Here is the sort of thing I am looking for. For the past seven years, when it rains my newspaper is wet 85% of the time. The newspapers is now delivered by a new person. I am hoping that this means my newspaper will be dry even on rainy days. The null hypothesis is nothing in fact has changes, 85% of the time my paper will be wet on rainy days. The challenger, the alternative hypothesis, my newspaper will not be wet 85% on rainy days, i.e. the world has changed.  Now make your own.

Reference no: EM131877191

Questions Cloud

Discuss the role of the world trade organization : Discuss the role of the World Trade Organization and its impact on member countries - How are policies and regulations established
How is each sculpture representative of the time period : How is each sculpture representative of the time period and style in which it was created? What specific visual similarities do you observe in three sculptures?
Find a popular press article or story from the nightly news : Find a popular press article or story from the nightly news in which someone argues a point that you disagree with. Write a paragraph agreeing with this person.
Record the interest and the amortization of the discount : The prevailing rate of interest for this type of note at date of issuance was 10%. Record the interest and the Amortization of the discount on the note
Rule for writing a hypothesis test : Create a null and a alternative hypothesis, your own example. Now this is one way to state the rule for writing a hypothesis test
Discuss and identify the contributions to american policing : Discuss the impact on policing of legal and social customs in the United States before and following the Civil War.
Why health care marketing professionals should realize : Per the text, the health care industry is known as one of the most complex operational environments, placing a premium on excellence in strategic planning.
What are the tools and theories presented in the class : What are the tools and theories presented in this class that could serve to solve such conflicts in a peaceful and mutually acceptable manner?
Compare the means between the average gpa : We can use pairwise comparison if we want to compare the means between the average GPA in 8 different schools.

Reviews

Write a Review

Business Economics Questions & Answers

  What is the chained dollar gdp

In 2013 the output was: digital cameras(1, price 2 each), chocolate bars(8, price 3 each), watches (1, price 2 each). In 2014 the produce was digital cameras(7, price 7 each), chocolate bars(2, price 9), watches(7, price 6). What is the chained doll..

  Roles in the transactions governed by set

Define some of the SET participants/roles in the transactions governed by SET.

  Under the assumption that rival will hold output constant

You are the manager of BlackSpot Computers, which competes directly with Condensed Computers to sell high-powered computers to businesses. From the two businesses’ perspectives, the two products are indistinguishable. The large investment required to..

  Supply and demand to anticipate market equilibrium

Analyze the dynamics of supply and demand to anticipate market equilibrium. Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies. Describe the impact of various forms of competition on busin..

  How does the price elasticity of a good or service

How does the price elasticity of a good or service affect who pays a tax on it? the buyer? or seller? Please explain in details with example.

  Regarding how international trade affects our lives

Participate in a discussion with your classmates regarding how international trade affects our lives. You have a big stake in the politics of free trade versus international trade protections. As a buyer, your self-interest is hurt by tariffs and quo..

  Qa decade ago five firms supplied amateur color film in the

q.a decade ago five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a

  What is the natural rate of unemployment for this economy

Suppose that an economy in year t can be described by the following three equations: What is the natural rate of unemployment for this economy in year t? Suppose that in year t-1 and year t the unemployment rate is equal to the natural rate and that ..

  Does your country have a fixed, floating, or managed exchang

Answer the following questions: Does you country have a fixed, floating, or managed exchange? Does your country control its own currency (is it and issuer or just a user of currency)? How exchange rate of the changed in the past three months? In the ..

  About air safety cause travelers to shy away from air travel

Using diagrams show what changes in price and quantity would be expected in the following markets under the scenarios given: Crude oil: As petroleum reserves decrease, it becomes more difficult to find and recover crude oil. Hotel rooms in Hawaii: Wo..

  Explain by how much would it have to increase government

Explain by how much would it have to increase government purchase to achieve this goal.

  Decreasing or constant returns to scale

If it had doubled its land as well as labor, production would have been 325000 bushels. Does it have increasing, decreasing or constant returns to scale.

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!

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