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

Estimate a linear probability model, Estimate a linear probability model: ...

Estimate a linear probability model: Consider the multiple regression model: y = β 0 +β 1 x 1 +.....+β k x k +u Suppose that assumptions MLR.1-MLR4 hold, but not assump

Determine the maximum weight rounded down, Assume that the pulley at A is a...

Assume that the pulley at A is a small frictionless pulley. The cord AB is only allowed to support a maximum tension in Newtons as given in P4, and the cord supporting the block ca

Probability, There are 15 types of ice cream: A,B,C,D,E,F,G,H,I,J,K,L,M,N, ...

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

Median, The median, as the name suggests, is the middle value of a series a...

The median, as the name suggests, is the middle value of a series arranged in any of the orders of magnitude i.e. ascending or descending order. As distinct from the arithmetic

Principal components analysis, In the context of multivariate data analysis...

In the context of multivariate data analysis, one might be faced with a large number of v&iables that are correlated with each other, eventually acting as proxy of each other. This

WEDGE FRICTION, Ask question #MinimumA wedge is small piece of material hav...

Ask question #MinimumA wedge is small piece of material having two of their opposite faces not parallel. To lift block of weight W, it is pushed by horizontal force P which lifts t

Confidence interval, for this proportion, use the +-2 rule of thumb to dete...

for this proportion, use the +-2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat

Advantages of mode, Advantages By definition, mode is the most typic...

Advantages By definition, mode is the most typical or representative value of a distribution. Hence, when we talk of modal wage, modal size of shoe or modal size of family i

Probability, Replacement times for CD players are normally distributed with...

Replacement times for CD players are normally distributed with a mean of 7.1 years and standard deviation of 1.4years. Find the probability that a randomly selected CD player will

Team Collaboration: Business Decision Making Project, Collect data about th...

Collect data about the chosen business problem or opportunity at the company. Explain how you obtained a suitable sample of either qualitative or quantitative data. Review data f

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