Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Large Sample Test for Mean
A random sample of size n (n > 30) has a sample mean . To test the hypothesis that the population mean μ has a specified value μ0 let us formulate the Null Hypothesis as H0: μ = μ0 .
The Alternative Hypothesis is (i) H1: μ ≠ μ0 or (ii) H1: μ > μ0 or (iii) H1: μ < μ0 . Since n is large, the sampling distribution of is approximately normal.
If H0 is true, the test statistic z = has approximately a standard normal distribution. The critical region for z depending on the nature of H1 and level of significance α is given below:
Level of significance ( α )
10%
5%
1%
Critical region for μ ≠ μ0
| z | > 1.64
| z | > 1.96
| z | > 2.58
Critical region for μ > μ0
z < -1.28
z < -1.64
z < -2.33
Critical region for μ < μ0
z > 1.28
z > 1.64
z > 2.33
There are 15 types of ice cream: A,B,C,D,E,F,G,H,I,J,K,L,M,N, and O. How many combinations are there to sample 5 flavors if you sample 1 flavor 4 times? How many combinations are t
Andrews ‘Plots A graphical display of multivariate data in which an observation, x0 = [x1, x2, . . . , xq] is represented can be represented in the form of function A set
Ten balls are put in 6 slots at random.Then expected total number of balls in the two extreme slots
Type of Variable in Regression Analysis There are two types of variable in regression analysis. These are: a. Dependent variable b. Independent variable
The PCA is amongst the oldest of the multivariate statistical methods of data reduction. It is a technique for simplifying a dataset, by reducing multidimensional datasets to lower
Theories of Business forecasting
Use the information given below to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to
The Case Study included information about the price for a full meal before and after the law change (in dollars). Of interest is whether the differences in price for a full meal b
1. For each of the following variables: major, graduate GPA, and height: a. Determine whether the variable is categorical or numerical. b. If the variable is numerical, deter
Modify your formulas from (1) to compute the price at time 0 of an American put option with the same contract specications in the binomial model. Report the price of the American
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd