Set up the “Ho” and “Ha” statements for the following. Remember to draw graphs showing the “Accept” and “Reject” areas. a)Michelle, of TeRn Downe 4 What! found that at least 75% of students, after taking Prof. Yankey’s stats class, go on to become financially secure. b)The variance of the amount spent by consumers during the “After-Easter” sales is equal to $2005. c.According to Papalii Tea Corp., the starting salary of a college graduate is higher than $85,000/year on average.
Set up the “Ho” and “Ha” statements for the following. Remember to draw graphs showing the “Accept” and “Reject” areas.
a)Michelle, of TeRn Downe 4 What! found that at least 75% of students, after taking Prof. Yankey’s stats class, go on to become financially secure.
b)The variance of the amount spent by consumers during the “After-Easter” sales is equal to $2005.
c.According to Papalii Tea Corp., the starting salary of a college graduate is higher than $85,000/year on average.
Hypothesis testing plays a major role in research and development. To diagnose the underlying cause the hypothesis is generated and data is collected. Then, with the help of statistical methods, the results are drawn.
In hypothesis testing, two hypotheses are formed, namely null and alternate hypotheses. The alternative hypothesis is the result that the researcher wants or tries to prove and the null hypothesis is the opposite of the alternative hypothesis.
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