(a)
To estimate the critical value of t for a
(a)
Answer to Problem 1E
The t value for a
Explanation of Solution
Now, we have to calculate the t value for a
Formula used:
TINV
TINV(
Calculation:
Now, it is given that:
It is a one tail test,
Now, by putting above information in the formula we have,
t-value | =TINV(2*0.05,17) |
Now, after calculating it we have,
t-value | 1.740 |
Thus, we have that the t value for a
(b)
To estimate the critical value of t for a
(b)
Answer to Problem 1E
The t value for a
Explanation of Solution
Now, we have to calculate the t value for a
Formula used:
TINV function returns the two-tailed inverse of the Student's t -distribution. Thus, the syntax for the same is as:
TINV(
Calculation:
Now, it is given that:
It is a one tail test,
Now, by putting above information in the formula we have,
t-value | =TINV(2*0.01,88) |
Now, after calculating it we have,
t-value | 2.37 |
Thus, we have that the t value for a
(c)
To estimate the P-value for
(c)
Answer to Problem 1E
The P-value for
Explanation of Solution
Now, we have to calculate the P-value for
Formula used:
TDIST returns the Percentage Points (probability) for the Student t -distribution where a numeric value ( x ) is a calculated value of t for which the Percentage Points are to be computed. Thus, the syntax for the same is as:
TDIST ( x ,deg_freedom,tails)
Calculation:
Now, it is given that:
It is a one tail test,
Now, by putting above information in the formula we have,
P-value | =TDIST(2.09,4,1) |
Now, after calculating it we have,
P-value | 0.052415 |
Thus, we have that the P-value for
(d)
To estimate the P-value for
(d)
Answer to Problem 1E
The P-value for
Explanation of Solution
Now, we have to calculate the P-value for
Formula used:
TDIST returns the Percentage Points (probability) for the Student t -distribution where a numeric value ( x ) is a calculated value of t for which the Percentage Points are to be computed. Thus, the syntax for the same is as:
TDIST ( x ,deg_freedom,tails)
Calculation:
Now, it is given that:
It is a two tail test,
Now, by putting above information in the formula we have,
P-value | =TDIST(1.78,22,2) |
Now, after calculating it we have,
P-value | 0.088894 |
Thus, we have that the P-value for
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