Answered step by step
Verified Expert Solution
Question
1 Approved Answer
MIS 301 RANDOM SURVEY RESPONDS School Debt Statistical Output Analysis Sample Mean: 6500.00 Sample Std.: 8320.10 Sample Size: 30 Expected Value 19400.00 Alpha: 0.01 Hypothesis
MIS 301 RANDOM SURVEY RESPONDS School Debt Statistical Output Analysis Sample Mean: 6500.00 Sample Std.: 8320.10 Sample Size: 30 Expected Value 19400.00 Alpha: 0.01 Hypothesis Test Data: Z test 2 Tail CV, Z = 2.58 -2.58 1 Tail CV, Z = -2.33 2.33 Test Statistic, Z = -8.49MIS 301 Random Survey Responses School Debt Statistical Output Analysis Sample Mean: 1111.11 Sample Std.: 3333.33 Sample Size: 9 Degrees of Freedom: 8 Expected Value 19400.00 Alpha: 0.01 Comparison HT Data: t Test 2 Tail CV, t = 3.36 3.36 1 Tail CV, t = 2.90 2.90 Test Statistic, t = 16.46 Random Sample Z-Test A\\ Test Decision (Step 5 of a HT): B\\ (Step 6 of a HT) Statement of any Plausible Explanation \\ Meaning\\Application of the Test Result that goes beyond a reiteration Step 5: Random Sample t-Test C\\ Test Decision (Step 5 of a HT): D\\ (Step 6 of a HT) Statement of any Plausible Explanation \\Meaning\\ Application of the Test Result that goes beyond a reiteration Step 5: Anything Else? You are analyzing real data of which I know not the output beforehand, thus this catchall "E" -- E\\ Statement of any insight item of interest you gathered in running side-by-side Z & t tests on samples from the same population that does not fit into the steps of a HT. If none, leave blank
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