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1.In some business situations there is is no difference between null and alternate hypothesis. True False 2. When population standard deviation is known, the correct

1.In some business situations there is is no difference between null and alternate hypothesis.

True

False

2.

When population standard deviation is known, the correct distribution to use for a hypothesis testing is a normal distribution.

True

False

3.

In hypothesis testing, making decision that that causes a false alarm is equivalent to

a.

Correct decision

b.

Null hypothesis

c.

Type-2 error

d.

Type-1 error

3.

In the hypothesis testing procedure, alpha is

a.

1 - level of significance

b.

the confidence level

c.

the level of significance

d.

the critical value

4.

When sample standard deviation is known in a hypothesis testing, the correct distribution to use is a normal distribution.

True

False

5.

When sample size is more than 1000, type-1 and type-2 error do not exist.

True

False

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