Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A hypothesis testing was conducted with a significance level (alpha) of 10%. The results are shown in the megastat output below. Hypothesis Test: Mean vs.

image text in transcribed
A hypothesis testing was conducted with a significance level (alpha) of 10%. The results are shown in the megastat output below. Hypothesis Test: Mean vs. Hypothesized Value a. Use the p-value and explain (write down your reason in the excel file) your decision on the test. Accept/Reject the nuli. b. If the significance level faloha valuel is increased to 15\%5, explain (write your explanation in the excel file) if your decision would change? Yes/No

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

Fraud Smart

Authors: K. H. Spencer Pickett

1st Edition

0470682582, 978-0470682586

More Books

Students also viewed these Accounting questions

Question

=+17.3. Extend Theorem 17.1 to R *.

Answered: 1 week ago

Question

Classify delivery styles by type.

Answered: 1 week ago