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Chrome File Edit View History Bookmarks Profiles Tab Window . . Quiz 95 learn.sas.com/pluginfile.php/7666/mod_scormadi/content/89209/01/ecstol_5_a_quiz.htm 7. A bank manager is concerned that the percent of loans
Chrome File Edit View History Bookmarks Profiles Tab Window . . Quiz 95 learn.sas.com/pluginfile.php/7666/mod_scormadi/content/89209/01/ecstol_5_a_quiz.htm 7. A bank manager is concerned that the percent of loans processed that contain errors has increased above the acceptable amount of 1%. A significance test is conducted to test his concern (Ho: loan error rate<=0.01, H,: loan ertor rate>0.01). The manager concludes that the rate is indeed above 1%, when in reality it is not. What type of error did the manager make? O a. Type l O b. Type ll 8. To reject a test with Student's t statistic, the t statistic should be far from 0 and have a small corresponding p value. O a. true b. false 9, Which PROC TTEST option would you use to change the confidence level in a confidence interval plot? O a. LEVEL= O b, INTERVAL= O C. BOUNDARY= d. ALPHA= 10, A CLASS statement is required in a two-sample t test, a, true O b, false
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