Consider the Izod impact test data in Exercise 8 23 (a) Test the hypothesis that 0 10 against an alternative specifying that 0 10, using a 0 01, and draw a conclusion State any necessary assumptions about the underlying distribution of the data (b) What is the P value for this test (c) Could the qu...

a In order to use the statistic in hypothesis testing and confidence interval construction we need t ...

Consider the Izod impact test data in Exercise 8-23. (a) Test the hypothesis that = 0.10 against

Question:

Consider the Izod impact test data in Exercise 8-23.
(a) Test the hypothesis that σ = 0.10 against an alternative specifying that σ = 0.10, using a = 0.01, and draw a conclusion. State any necessary assumptions about the underlying of the data.
(b) What is the P-value for this test?
(c) Could the question in part (a) have been answered by constructing a 99% two-sided confidence interval for 2?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...