A member of the Coker eSports team claims that a good gaming computer costs at least $990.a. State the null and alternative hypothesis for the claim that a good gaming computer costs at least $990.Ho: μ ≥ 990Ha: μ< 990Ho: μ> 990Ha: 990Ho: H≤ 990Ha: > 990Ho: μ = 990Ha: μ # 990Ho: μ # 990Ha: μ = 990Ηο: μ < 990H₂: μ ≥ 990b. Thehypothesis is the claim.c. The goal of the test is tothe claim.

Answered: a. State the null and alternative…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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I have collected real data on the sale of a microwavable cup of soup across 20 different cities for the same time period (a month). The variables in the dataset are: Quantity sold in the city for that month: Measured in thousands of units Price: measured in dollars Average Income in the city: Measured in thousands of dollars Ads: Average number of ads run in stores for that city during that month. Price of a substitute product: measured in dollars Population of the city: measured in thousands of people The dataset is on Canvas and, using Excel or any other statistical software, please answer the following questions: 1. Describe the patterns in quantity sold and own and rival prices during this time period using basic descriptive statistics. Graphs are welcome as well. 2. Take the logs of the variables, and estimate the demand function. a. Interpret the R-square. b. Interpret the coefficients for logP and logPsub c. Interpret the p-values associated with each independent…
2) d and e.
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