Alternative hypothesis, Advanced Statistics

Assignment Help:

The Null Hypothesis - H0: β0 = 0, H0: β1 = 0, H0: β2 = 0, Βi = 0

The Alternative Hypothesis - H1: β0 ≠ 0, H0: β1 ≠ 0, H0: β2 ≠ 0, Βi ≠ 0      i =0, 1, 2, 3

Reject H0 if |t | > t?¹ = 1.96153 or Reject H0 when P-value ≤ α = 0.05

Predictor         Coef          SE Coef            T       P          VIF

Constant       0.37794     0.01369        27.61   0.000

totexp     -0.00119745    0.00006058  -19.77  0.000  1.272

income     -0.00007625   0.00004302  -1.77    0.077  1.282

age          0.0016660      0.0003076    5.42     0.000  1.062

nk            0.029515        0.004765      6.19     0.000  1.005

 Inverse Cumulative Distribution Function

Student's t distribution with 1514 DF

P( X <= x )        x

      0.975  1.96153

Since the constant = 27.61 > 1.96153 (CV) and the P-Value is ≤ α = 0.05, H0 would be rejected as there is sufficient evidence.      

Since the totexp = -19.77 < 1.96153 (CV) and the P-Value is ≤ α = 0.05, there is evidence to suggest that H0 should be accepted according to the T value however the P-Value suggest otherwise but it is not significant.

Since the income = -1.77 < 1.96153 (CV) and the P-Value is ≤ α = 0.05, there is evidence to suggest that H0 should be accepted according to the T value however the P-Value suggest otherwise but it is not significant.

Since the age = 5.42 > 1.96153 (CV) and the P-Value is ≤ α = 0.05, H0 would be rejected as there is sufficient evidence.      

Since the nk = 6.19 > 1.96153 (CV) and the P-Value is ≤ α = 0.05, H0 would be rejected as there is sufficient evidence.


Related Discussions:- Alternative hypothesis

Mean-range plot, Mean-range plot   is the graphical tool or device usefu...

Mean-range plot   is the graphical tool or device useful in selecting a transformation in the time series analysis. The range is plotted against the mean for each of the seasona

Matching distribution, Matching distribution is  a probability distributi...

Matching distribution is  a probability distribution which arises in the following manner. Suppose that the set of n subjects, numbered 1; . . . ; n respectively, are arranged in

Define quantalassay, Quantalassay:  The experiment in which the groups of s...

Quantalassay:  The experiment in which the groups of subjects are exposed to the different doses of, generally, a drug, to which the particular number respond. Data from such type

Method of moments, Method of moments   is the procedure for estimating the...

Method of moments   is the procedure for estimating the parameters in a model by equating sample moments to the population values. A famous early instance of the use of the proced

Double-dummy technique, It is the technique used in the clinical trials whe...

It is the technique used in the clinical trials when it is possible to make an acceptable place before an active treatment but not to make the two active treatments identical. In t

Indirect standardization, Indirect standardization is the procedure of adju...

Indirect standardization is the procedure of adjusting the crude mortality or morbidity rate for one or more variables by making use of a known reference population. It may, for in

Regression, calculate the mean yearly value using the average unemployment ...

calculate the mean yearly value using the average unemployment rate by month

Distribution free methods, The statistical methods for estimation and infer...

The statistical methods for estimation and inference which are based on a function of sample observations, probability distribution of which does not rely upon a complete speci?cat

Paired availability design, Paired availability design  is a design which c...

Paired availability design  is a design which can lessen selection bias in the situations where it is not possible to use random allocation of the subjects to treatments. The desig

Breusch-pagan test, The Null Hypothesis - H0:  There is no heteroscedastici...

The Null Hypothesis - H0:  There is no heteroscedasticity i.e. β 1 = 0 The Alternative Hypothesis - H1:  There is heteroscedasticity i.e. β 1 0 Reject H0 if Q = ESS/2  >

Write Your Message!

Captcha
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