A magazine reported that at the top 50 business schools in a region, students studied an average

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A magazine reported that at the top 50 business schools in a region, students studied an average of 16.1 hours. Set up a hypothesis test to try to prove that the mean number of hours studied at your school is different from the reported 16.1 hour benchmark. Complete parts (a) and (b) below
A. What is a Type I error for your test?
a. Concluding that the mean number of hours studied at your school is different from the reported 16.1 hour benchmark when in fact it is not different.
b. Concluding that the mean number of hours studied at your school is different from the reported 16.1 hour benchmark when in fact it is different.
c. Concluding that the mean number of hours studied at your school is not different from the reported 16.1 hour benchmark when in fact it is different.
B. What is a Type II error for your test?
a. Concluding that the mean number of hours studied at your school is not different from the reported 16.1 hour benchmark when in fact it is different.
b. Concluding that the mean number of hours studied at your school is not different from the reported 16.1 hour benchmark when in fact it is not different.
c. Concluding that the mean number of hours studied at your school is different from the reported 16.1 hour benchmark when in fact it is not different.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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