a. To test the following hypotheses, a statistics practitioner randomly sampled 100 observations and found and s
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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.
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Related Book For
Statistics For Management And Economics
ISBN: 9781133420774
9th Edition
Authors: Gerald Keller, Kenneth C Louden
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