Question
Directions for Activities #3- (10 points each) : Perform a hypothesis test and calculate a confidence interval including each of the following steps: STEP 1:Type
Directions for Activities #3- (10 points each):Perform a hypothesis test and calculate a confidence interval including each of the following steps:
STEP 1:Type of Test and Requirements (2 points):
State the type of test that is appropriate for the problem and why.
Explain how each of the Requirements are met for this problem.
STEP 2:Hypotheses (2 points):
State the question you are investigating
Write the Null and Alternative hypothesis in symbols (use correct symbols - these are in the equation editor in Word) and in words.
STEP 3:Mechanics (2 points):Use the Calculator or other technology
Include in your answer the type of test and values you entered
Include your results (test statistic, p-value)
STEP 4:Conclusion (2 points):State your conclusion
Include reject or fail to reject the null hypothesis
Write your conclusion in terms of the problem context (and the p-value).
STEP 5:Confidence Interval (2 points):
Find the appropriate confidence interval that matches the test and significance level for each problem.One-tailed test confidence level is 1-2(significance level) and two-tailed test confidence level is 1 - significance level.
Explain how the results of the confidence interval support your hypothesis test conclusion in STEP 4.(Does the interval contain the null hypothesis?)
NOTE:In Chapters 10 and 11, we have performed hypothesis tests of the following type:
One Proportion Test
Two Proportion Test
One Mean Test
Two Independent Means Test
Matched Pairs (or Dependent Means) Test
Activities #3- include one of each type of test.
Activity #3:(10 points)Energy Consumption:In 2001, the mean household expenditure for energy was $1450 (U.S. Department of Justice data).An economist wanted to know if this amount had changed significantly in 2015, so he selected a random sample of 35 households with a mean expenditure of $1620 and a standard deviation of $315.Is the mean household expenditure for energy in 2015 different than $1450 (mean in 2001)?Use a 0.05 significance level.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started