Analysts for a firm tested if a new computer design allowed to perform high computation algorithms faster
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Analysts for a firm tested if a new computer design allowed to perform high computation algorithms faster than competitors, H0 : μ ≥ 5 versus H0 : μ < 5 (minutes).The analysts argue that since the power of the test was 1, and the sample size large, the results are practically important. Explain why this is not necessarily true.
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The statement that the power of the test was 1 implies that the test has a high probability of correctly rejecting a false null hypothesis Type II err...View the full answer
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Related Book For
Principles Of Managerial Statistics And Data Science
ISBN: 9781119486411
1st Edition
Authors: Roberto Rivera
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