Large sample test for mean, Applied Statistics

Assignment Help:

Large Sample Test for Mean

A random sample of size n (n > 30) has a sample mean   218_computation of covariance ungrouped data2.png . 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  218_computation of covariance ungrouped data2.png   is approximately normal.

If H0 is true, the test statistic z =   911_large sample test for mean.png   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                                 


Related Discussions:- Large sample test for mean

Assignment 1: Testing Hypotheses for Means, Review the Learning Resources a...

Review the Learning Resources and the media programs related to t tests. For additional support, review the Skill Builder: Research Design and Statistical Design and the Skill Buil

Statistical quality control assinment, how to get statistical quality contr...

how to get statistical quality control assignment in brief?

Poisson distribution, Poisson Distribution The poisson Distribution  wa...

Poisson Distribution The poisson Distribution  was discovered  by French mathematician simon  denis  poisson. It is a discrete probability distribution. Meaning : In bi

Probability, HOW WOULD YOU INTERPRET THIS PROBABILITY:P(a)=1.05

HOW WOULD YOU INTERPRET THIS PROBABILITY:P(a)=1.05

Weighted arithmetic mean, Weighted Arithmetic Mean Another aspect...

Weighted Arithmetic Mean Another aspect to be considered is the importance we assign to each observation. The arithmetic mean as we calculated it so far gives equal

Heteroskedastic-consistent standard errors, The following table shows the r...

The following table shows the results of fitting a linear regression model of starting annual salaries on a constant, GPA (4 point scale), and a variable (Metrics =1) indicating wh

Sampling, Sampling A  Population  is a collection of all the data point...

Sampling A  Population  is a collection of all the data points being studied. For example, if we are studying the annual incomes of all the people in India, then the population

Simple linear regression, Simple Linear Regression   While correlati...

Simple Linear Regression   While correlation analysis determines the degree to which the variables are related, regression analysis develops the relationship between the var

Multiple correspondence analysis, Correspondence analysis is an exploratory...

Correspondence analysis is an exploratory technique used to analyze simple two-way and multi-way tables containing measures of correspondence between the rows and colulnns of an

Central tendency and dispersion in statistics, Central Tendency and Dispers...

Central Tendency and Dispersion in Statistics: Write a note on the following : i)    What is the importance of Measures Of Central Tendency and Dispersion in Statistics ?

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