Significance level in favor of the two-sided alternative

Assignment Help Basic Statistics

Reference no: EM1386716

A government report gives a 90% confidence interval for the 2007 median annual household income as $50,233 ± $230. This result was calculated by advanced methods from the Current Population Survey, a multistage random sample of about 50,000 households.

Q: Would the null hypothesis that the 2007 median household income was $50,000 be rejected at the 10% significance level in favor of the two-sided alternative? (Choose the correct answer)

A. There is a need for more data in order to establish an answer.

B. Yes

C. No

Reference no: EM1386716

Questions Cloud

Describe why the product or offering has been successful : Identify one or two first movers and provide a review of what happened when they entered that industry. Describe why the product or offering has been successful or why it failed.

How various molecules does a resting person inhale breath : A resting person requires 14.5-L of per hour to maintain metabolic activities. Such a person breathes in 0.510L of air at approximately 32.0 degrees celsius with each breath. The inhaled air is 20.9 percent while the exhaled air is 16.3percent.

Approaches to understanding of truth : The introduction to this unit identified four distinct approaches to our understanding of truth: Think of a statement about ordinary life whose truth conditions seem to fit best naturally with one of these approaches in particular.

Illustrate what are consequences of unethical business : Illustrate what are the consequences of unethical and illegal business practices eggs deceptive advertising and withholding taxes

Significance level in favor of the two-sided alternative : Would the null hypothesis that the 2007 median household income was $50,000 be rejected at the 10% significance level in favor of the two-sided alternative? (Choose the correct answer)

Describe how to prepare users for sales organization unit : Describe how you would prepare the users for sales organization unit and how you can set up user groups in particular conditions (global, universal, domain local).

What is the least force the nurse needs to apply to syringe : A 1.6 mL syringe has an inner diameter of 5.8 mm, a needle inner diameter of 0.25 mm, and a plunger pad diameter (where you place your finger) of 1.0 cm. A nurse uses the syringe to inject medicine into a patient whose blood pressure is 140/100.

Determine the genotypes of parental : Determine the genotypes of parental, recombinant and if applicable double and triple recombinant progeny from the testcrosses of following individuals.

Social context and object truth : People of different cultures engage in various practices and espouse divergent notions regarding what is right and wrong. What does this tell us about our own ethical commitments?

User Account

All Pages