Question
The data that accompanies this exercise shows miles per gallon (MPG) for a sample of 25 cars. UseTable 3. Click here for the Excel Data
The data that accompanies this exercise shows miles per gallon (MPG) for a sample of 25 cars. UseTable 3.
Click here for the Excel Data File
a.Using the Jarque-Bera test, select the competing hypotheses in order to determine whether or not MPG follow the normal distribution.
H0:S= 0 andK= 0;HA:S 0 orK 0H0:S= 0 andK= 0;HA:S< 0 orK< 0H0:S= 0 andK= 0;HA:S> 0 orK> 0
b-1.Calculate the value of the Jarque-Bera test statistic.(Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)
Test statistic
b-2.Approximate thep-value.
p-value < 0.010.01 p-value < 0.0250.025 p-value < 0.050.05 p-value < 0.10p-value 0.10
c.At= 0.05can you conclude that MPG are not normally distributed?
Yes since thep-value is less than.Yes since thep-value is more than.No since thep-value is less than.No since thep-value is more than.
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