MATLAB: An Introduction with Applications
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ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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If a P-value is .043, what does that
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- This is a friendly reminder about scientific notation. Excel reports very small numbers in scientific notation. For example, 8.15E-05 is typical notation for 8.15 x 10-5. The exponent of -5 means you have to move the decimal five places to the left and fill in with zeroes. What you get is 0.0000815. Here is the Excel output again for the regression of Sales and Experience: Regression Statistics 0.5966 0.3559 0.339 497.9058 Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Experience (months) 40 df 1 38 39 Coefficients 6.6108 SS MS 5205388.04 5205388.04 9420585.51 Standard Error 4250.9742 180.2332 14625973.55 1.4427 247910.15 t Stat 23.586 4.5822 P-value 2.71E-24 4.85E-05 F 20.9971 Lower 95% Upper 95% Significance F 4.85E-05 3886.1113 4615.8372 3.6902 The analyst decides to use an a = 0.05 significance level. Is there a statistically significant relationship between Sales and Experience? 9.5313arrow_forwardWhat is the test statistic? What is the p-value? Can we conclude that the mean travel times of the two routes are different? Yes or No?arrow_forwardSamples of body temperatures were taken from both men and women. The information from the samples is summarized below. Use a 0.05 significance level to to test the claim that men and women have different mean body temperatures. Men: n₁ = 15; 1 = 98.38° F; s₁ = 0.45°F Women: n2=91; 2 = 98.17°F; $2 = 0.65° F a. On your Work Upload or Calculations page, write down your hypotheses. Label which hypothesis is the claim. b. The test statistic is c. The critical value is . (Round to 3 decimal places.) (Round to 3 decimal places.) d. The p-value is (Round to 3 decimal places.) e. On your Work Upload or Calculations page, show how you made your decision using either the traditional or p-value method. The correct decision is to 1: Reject the null hypothesis, or 2: Fail to reject the null hypothesis. box.) (Type 1 or 2 in the f. On your Work Upload or Calculations page, write your conclusion/results summary. (Use the standard language about evidence and support of claims.)arrow_forward
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