An Introduction to Statistical Methods and Data Analysis
An Introduction to Statistical Methods and Data Analysis
7th Edition
ISBN: 9781305269477
Author: R. Lyman Ott, Micheal T. Longnecker
Publisher: Cengage Learning
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Follow the steps to calculate the Independent t-test and conduct a 2-tailed test with a = .05. Step 1: State both hypotheses (H statements): Ho: HA = HB %3D H, :XA Xg Ho: HA = Hg H : XA XB O Ho: A = B H: A B Step 2: State your level of risk: 3. .50 .05 .01 .10 2. Question 12 Step 3: What test statistic will you solve for? Homogeneous t-test Pearson's t-test Independent t-test Dependent t-test
a. What are the sample estimates of β0​,β1​,and β2​? b. What is the least squares prediction​ equation? c. FindSSE​,MSE​,and standard deviation . Interpret the standard deviation in the context of the problem. d. Test H0: β1=0 against Ha: β1≠0.Use α=0.01. e. Use a 95​% confidence interval to estimate β2. f. Find R2 and R^2_a and interpret these values. g. Find the test statistic for testing H0: β1=β2=0. h. Find the observed significance level of the test in part g.interpret the result.
A market research firm used a sample of individuals to rate the purchase potential of a particular product before and after the individuals saw a new television commercial about the product. The purchase potential ratings were based on a 0 to 10 scale, with higher values indicating a higher purchase potential. The null hypothesis stated that the mean rating "after" would be less than or equal to the mean rating "before." Rejection of this hypothesis would show that the commercial improved the mean purchase potential rating. Use α = 0.05 and the following data to test the hypothesis and comment on the value of the commercial. Ha: a: Md is greater than 0 What are the hypotheses? Ho: Md is less than or equal to 0 Compute to 3 decimals). Individual Compute Sd (to 1 decimal). 1 2 3 4 Purchase Rating Before After 6 6 8 5 5 LO 5 8 3 Individual What is the p-value? The p-value is between 0.10 and 0.20 What is your decision? Cannot conclude seeing the commercial improves the mean potential to…
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