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Fill in the blank with the most appropriate word from the below table (Q1 Q5) Test Statistic Margin of Error Null Hypothesis Alternative Hypothesis Level

Fill in the blank with the most appropriate word from the below table (Q1 Q5)

Test Statistic

Margin of Error

Null Hypothesis

Alternative Hypothesis

Level of Significance

Unbiased

Estimator

Estimate

Type I Error

Type II Error

Point Estimate

Interval Estimate

Coefficient of the Model (i)

Grand Mean

Sum of Squares of Error

Critical Value

1. ___Estimator__ is the result of applying an estimator to a specific set of data. (3 points)

2. In regression model, ____________is the estimated change in the dependent variable associated with one unit change in the dependent variable. (3 points)

3. If the average value of an estimator equals the population parameter being estimated, the estimator is____________. (3 points)

4. The largest possible distance (= maximum allowed error) from the point estimate that a confidence interval will cover is called as a(an) ____________. (3 points)

5. ____________is a component of the criteria used to evaluate the hypothesis which is calculated from the sample data gathered. Usually, it is compared with critical value of , the level of the test. (3 points)

6. The director of research and development is testing a new drug. She wants to know if there is evidence at the 0.02 level that the drug stays in the system for less than 330 minutes. For a sample of 46 patients, the meantime the drug stayed in the system was 323 minutes. Assume the population variance is known to be 361.

Critical Value for Z-Distribution

Two sided One sided

Level of Test

z

0.20

0.84

0.10

1.28

0.05

1.645

0.01

2.33

Level of Test

z

0.20

1.28

0.10

1.645

0.05

1.96

0.01

2.575

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