Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

eth Bus (385:02) Exam #2 04/05/23 Question 2 of 9 > The information shown below is available for two samples selected from independent populations.

image text in transcribedimage text in transcribed

eth Bus (385:02) Exam #2 04/05/23 Question 2 of 9 > The information shown below is available for two samples selected from independent populations. What is the value of T, if you are testing the null hypothesis Ho: M = M? Sample 1: n = 7 Sample 2: n = 9 Assigned ranks: 13 928 16 5 11 Assigned ranks: 12 3 1 14 10 15 7 4 6 This test: 29 point(s) possible This question: 1 point(s) possible The value of the test statistic T, is 3 Submit test Meth Bus (385:02) Exam #2 04/05/23 Question 7 of 9 > You are testing the null hypothesis that there is no linear relationship between two variables, X and Y. From your sample of n = 11, you determine that r = 0.8. a. What is the value of tSTAT? b. At the = 0.05 level of significance, what are the critical values? c. Based on your answers to (a) and (b), what statistical decision should you make? This test: 29 point(s) possible This question: 4 point(s) possible a. What are the hypotheses to test? A. Hop #0 H p=0 C. Ho p=0 *STAT Hp 0 (Round to four decimal places as needed.) b. The lower critical value is (Round to four decimal places as needed.) The upper critical value is (Round to four decimal places as needed.) c. What statistical decision should you make? A. Since tSTAT is between the critical values, do not reject Ho. B. Since tSTAT is greater than the upper critical value, do not reject Ho. C. Since tSTAT is greater than the upper critical value, reject Ho- D. Since tSTAT is between the critical values, reject Ho- OB. Ho p0 H: p 0 Submit test

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_2

Step: 3

blur-text-image_3

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

Basic Business Statistics Concepts And Applications

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

12th Edition

132168383, 978-0132168380

More Books

Students also viewed these Mathematics questions

Question

Outline the three steps in time management and in money management.

Answered: 1 week ago

Question

How can NAFTA be beneficial to suppliers of Walmart?

Answered: 1 week ago