The population standard deviation

Assignment Help Accounting Basics
Reference no: EM13916743

1. I hypothesized that girls in my class have the same blood pressure levels as boys. The probability value for my null hypothesis was 0.15. So I conclude that the blood pressures of the girls were higher than boys'. Which kind of mistake did I make?

a. Type I error
b. Type II error
c. Type I and Type II error
d. I did not make any mistake

2. If a statistical test result is not significant at the 0.05 level, then we can conclude:

a. It is not significant at 0.10 level
b. It must be significant at 0.01 level
c. It must be significant above 0.05 level
d. It is not significant at 0.01 level

3. A researcher posed a null hypothesis that there was no significant difference between boys and girls on a standard memory test. She randomly sampled 100 girls and 100 boys in a community and gave them the standard memory test. The mean score for girls was 70 and the standard deviation of mean was 5.0. The mean score for boys was 65 and the standard deviation of mean was 5.0. What is the standard error of the difference in means?

4. If power is big, you can assume:

a. The significance level set by the researcher must be high
b. We increase the probability of type I error
c. Your study result will be more likely to be inconclusive
d. The difference between the means is more likely to be detected

5. If the probability that you will correctly reject a false null hypothesis is 0.80 at 0.05 significance level. Therefore, α is__ and β is__.

a. 0.05, 0.80
b. 0.05, 0.20
c. 0.95, 0.20
d. 0.95, 0.80

6. The population has a mean of 678 and the population standard deviation is known to be 58.3. Use a 0.05 level of significance to test the claim that the sample scores listed below came from the population. Identify hypotheses, test statistic, P-value or critical value, conclusion about the null, and final conclusion that addresses the original claim.

714 751 664 789 818 779 698 836 753 834 693 802

7. I am looking to move to either Mississippi or Arkansas, depending on the cost of housing. Below are the costs (in thousands, hypothetically) of 12 houses in each location based upon a simple random selection:

Mississippi: 155 142 149 130 151 163 151 142 156 133 138 161
Arkansas: 133 140 142 131 134 129 128 140 140 140 137 143

Use a 0.05 significance level to test the claim that the mean cost of houses in Mississippi is greater than the mean cost in Arkansas. Be sure to give the hypotheses, the test statistic with a p-value, and a conclusion.

Reference no: EM13916743

Questions Cloud

What is the probability that the bags in a cargo hold : An airline knows that the mean weight of all pieces of passengers' luggage is 49.3 lb with a standard deviation of 8.4 lb. What is the probability that the weight of 66 bags in a cargo hold is more than the plane's total weight capacity of 3,500 l..
What level of monthly sales dollars : From the employees' perspective, what level of monthly sales dollars must COMM achieve so that their monthly compensation under the combination fixed salary/commission model is equal to the current monthly fixed salary amount.
How does honda utilize its competitive advantage : How does the Honda Corporation create and sustains its competitive advantage(s). Questions to guide the response: What is Honda's competitive advantage? How does Honda utilize its competitive advantage?
Evolution of your personal and workplace values : Analyze the origin(s) and subsequent evolution of your personal and workplace values. Explain how your individual values drive your actions and behaviors, and analyze the alignment between your values and actions and behaviors.
The population standard deviation : I hypothesized that girls in my class have the same blood pressure levels as boys. The probability value for my null hypothesis was 0.15. So I conclude that the blood pressures of the girls were higher than boys'. Which kind of mistake did I make?
Analyze the nuts about southwest blog : Blog: Analyzing the Nuts About Southwest Blog. When you browse the Southwest Airlines blog, you will find the following terms of use:
When is it good idea for companies to take this alternative : PayPal opted to deviate from industry standards and built its own custom technology that would better suit its needs. When is it a good idea for companies to take this alternative? What issues factor into that decision. Provide a discussion and so..
Manufacturing company produces : What is the number of units of each product that must be sold for Hogtown to achieve its breakeven point
Income tax : How much income tax can Roy and Brandi save if they get married in 2015 and file a joint return

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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