a. To test the following hypotheses, a statistics practitioner randomly sampled 100 observations and found and s

Question:

a. To test the following hypotheses, a statistics practitioner randomly sampled 100 observations and found and s  35. Calculate the test statistic (and for Excel users, the p-value) of a test to determine whether there is enough evidence at the 1% significance level to infer that the alternative hypothesis is true.

b. Repeat part

(a) with s  25.

c. Repeat part

(a) with s  15.

d. Discuss what happens to the t-statistic (and for Excel users, the p-value) when the standard deviation decreases.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Management And Economics

ISBN: 9781133420774

9th Edition

Authors: Gerald Keller, Kenneth C Louden

Question Posted: