Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 12, Problem 2P
a.
To determine
State the hypotheses.
b.
To determine
Write the decision rule.
c.
To determine
Find the decision.
d.
To determine
Interpret the context of the study.
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Chapter 12 Solutions
Statistical Techniques in Business and Economics
Ch. 12 - Steele Electric Products Inc. assembles cell...Ch. 12 - What is the critical F value when the sample size...Ch. 12 - Prob. 2ECh. 12 - Prob. 3ECh. 12 - Prob. 4ECh. 12 - Prob. 5ECh. 12 - Prob. 6ECh. 12 - Prob. 2SRCh. 12 - Prob. 7ECh. 12 - Prob. 8E
Ch. 12 - Prob. 9ECh. 12 - Prob. 10ECh. 12 - Prob. 3SRCh. 12 - Prob. 11ECh. 12 - The following are six observations collected from...Ch. 12 - Prob. 13ECh. 12 - Prob. 14ECh. 12 - Prob. 4SRCh. 12 - Prob. 15ECh. 12 - For exercises 15 and 16, conduct a test of...Ch. 12 - Prob. 17ECh. 12 - Prob. 18ECh. 12 - Prob. 5SRCh. 12 - Prob. 19ECh. 12 - Prob. 20ECh. 12 - Prob. 21ECh. 12 - Prob. 22ECh. 12 - Prob. 23CECh. 12 - Prob. 24CECh. 12 - Prob. 25CECh. 12 - Prob. 26CECh. 12 - In an ANOVA table, the MSE is equal to 10. Random...Ch. 12 - Prob. 28CECh. 12 - Prob. 29CECh. 12 - Prob. 30CECh. 12 - Prob. 31CECh. 12 - Prob. 32CECh. 12 - Prob. 33CECh. 12 - Prob. 34CECh. 12 - Prob. 35CECh. 12 - Prob. 36CECh. 12 - Prob. 37CECh. 12 - Prob. 38CECh. 12 - Prob. 39CECh. 12 - Prob. 40CECh. 12 - Prob. 41CECh. 12 - Prob. 42CECh. 12 - Prob. 43CECh. 12 - Prob. 44CECh. 12 - Prob. 45CECh. 12 - Prob. 46CECh. 12 - Prob. 47CECh. 12 - Prob. 48CECh. 12 - Prob. 50DACh. 12 - Prob. 51DACh. 12 - Prob. 1PCh. 12 - Prob. 2PCh. 12 - Prob. 3PCh. 12 - Prob. 4PCh. 12 - Prob. 5PCh. 12 - Prob. 6PCh. 12 - Prob. 7PCh. 12 - Prob. 1CCh. 12 - Prob. 2CCh. 12 - Prob. 1.1PTCh. 12 - The likelihood of rejecting a true null hypothesis...Ch. 12 - Prob. 1.3PTCh. 12 - Prob. 1.4PTCh. 12 - Prob. 1.5PTCh. 12 - Prob. 1.6PTCh. 12 - In a two-tailed test, the rejection region is...Ch. 12 - Prob. 1.8PTCh. 12 - Prob. 1.9PTCh. 12 - Prob. 1.10PTCh. 12 - Prob. 2.1PTCh. 12 - Prob. 2.2PTCh. 12 - Prob. 2.3PT
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- Many questions in research can be expressed as two competing statements about the population parameter. These two statements are called the null and the alternative hypotheses. Usually, the researcher hopes the sample evidence will be in favor of the alternative hypothesis, the new theory. It is important to be able to state the theories that are being put to a test. Do a minority of Michigan residents clear snow from sidewalks before 9 am after snow has fallen?For this scenario, write out the hypotheses to be put to the test and define the parameter of interest in context of the problem. H0:Ha: The parameter p represents ___(provide appropriate definition in context)________arrow_forwarda. State the researcher’s null and alternative hypothesisarrow_forwardAn economist believes he can show that the average starting salary for electrical engineer's exceeds the average starting salaries for computer science majors. We test the hypotheses H0: ?1−?2=0μ1−μ2=0 versus H1: ?1−?2>0μ1−μ2>0 at 1% level of significance. Here, the average starting salary of electrical engineers, and denotes the average starting salary of a computer science major. We test these hypotheses by obtaining a random sample of 500 electrical engineer's starting salaries and independently, we obtain a random sample of 500 starting salaries for computer science majors. The results of the two-samples are recorded in the table below: Electrical Engineers Computer Majors Sample Size 500 500 Sample average 60000 58,500 Sample Standard Deviation 8,000 13,000 Compute the p-value.arrow_forward
- Review: Suppose a hypothesis test produces P = 0.0512 Will the null hypothesis be rejected at α = 0.10? How will the outcome of the test change if the level of significance is changed to 0.05? Explain in 1 – 2 complete sentences.arrow_forward3. Do the following for the case below. a. State the null and alternative hypotheses for a hypothesis test. b. Describe the two possible outcomes of the test. The governor claims that the percentage of adults over 25 who have graduated from high school is greater than 83%, the national average.arrow_forwardA recent drug survey showed an increase in use of drugs and alcohol among local high school seniors as compared to the national percent. Suppose that a survey of 100 local seniors and 100 national seniors is conducted to see if the percentage of drug and alcohol use is higher locally than nationally. Locally, 65 seniors reported using drugs or alcohol within the past month, while 62 national seniors reported using them. Conduct a hypothesis test at the 5% level.NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) What is the test statistic? (Round your answer to two decimal places.)arrow_forward
- A recent drug survey showed an increase in use of drugs and alcohol among local high school seniors as compared to the national percent. Suppose that a survey of 100 local seniors and 100 national seniors is conducted to see if the percentage of drug and alcohol use is higher locally than nationally. Locally, 68 seniors reported using drugs or alcohol within the past month, while 63 national seniors reported using them. Conduct a hypothesis test at the 5% level.NOTE: If you are using a Student's t-distribution for the problem, including for paired data, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) State the distribution to use for the test. (Round your answers to four decimal places.)arrow_forward21a. Step 1: Which of the following is the correct set of hypotheses?A. H0: Cravings and relapse are not independent; and H1: Cravings and relapse are independent B. H0: Cravings and relapse are independent; and H1: Cravings and relapse are not independent C. H0: u1 = u2 = u3 = u4; and H1: At least one of the categories will be different than the others. 21b. Expected frequencies for: (round answers to 2 decimal places) Cravings-Yes/Relapse-Yes fe = _______ Cravings-Yes/Relapse-No fe = ________ 21c. Expected frequencies for: (round answers to 2 decimal place) Cravings-No/Relapse-Yes fe = _________ Cravings-No/Relapse-No fe = __________arrow_forward4. Conceptual Question: A one sample t-test is conducted for a data set and you fail to reject the null hypothesis at a =.05. If you conducted the same hypothesis test, but use a =.01 what would be the outcome of the t-test?arrow_forward
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