Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(2) One incredibly important aspect of the t-test is that it is very robust with respect to the normality assumption, meaning that the test is

image text in transcribed

(2) One incredibly important aspect of the t-test is that it is very robust with respect to the normality assumption, meaning that the test is (often) still accurate even when the underlying distribution is not normal. Below are density histograms of the t-statistics of 100 samples, each of size 100, pulled three non-normal distributions (uniform[0, 1], Poisson(5), and Exp(1) rep- sectively). 0.35 0.30 03 020 12 0.15 02 0.10 0.05 The first image looks reasonably close to a bell curve, so the use of a t- test here would still yield reasonable conclusions. With the Poisson, there is more departure, but still appropriately close. On the other hand, the exponential distribution is very skewed to the left (think about what the pdf looks like), so we have a relatively larger chance at small samples; this is reflected in the fact that large negative values occur more often than we would expect. 1 2 DUE THURSDAY, 4/1 The moral of the story is: the t-test is a good choice as long as the sample is not too small and the distribution is not too skewed. So on which of the following datasets, if any, would you be hesitant to use a t-test? Explain. (a) (b) (c) (2) One incredibly important aspect of the t-test is that it is very robust with respect to the normality assumption, meaning that the test is (often) still accurate even when the underlying distribution is not normal. Below are density histograms of the t-statistics of 100 samples, each of size 100, pulled three non-normal distributions (uniform[0, 1], Poisson(5), and Exp(1) rep- sectively). 0.35 0.30 03 020 12 0.15 02 0.10 0.05 The first image looks reasonably close to a bell curve, so the use of a t- test here would still yield reasonable conclusions. With the Poisson, there is more departure, but still appropriately close. On the other hand, the exponential distribution is very skewed to the left (think about what the pdf looks like), so we have a relatively larger chance at small samples; this is reflected in the fact that large negative values occur more often than we would expect. 1 2 DUE THURSDAY, 4/1 The moral of the story is: the t-test is a good choice as long as the sample is not too small and the distribution is not too skewed. So on which of the following datasets, if any, would you be hesitant to use a t-test? Explain. (a) (b) (c)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Information Audit A Practical Guide

Authors: Susan Henczel, Sue Henczel

1st Edition

3598243677, 978-3598243677

More Books

Students also viewed these Accounting questions

Question

15.4 Organize your persuasive message.

Answered: 1 week ago

Question

The amount of work I am asked to do is reasonable.

Answered: 1 week ago

Question

The company encourages a balance between work and personal life.

Answered: 1 week ago