Question
trying to create a Right tailed test H0:u=342,365 Ha:u 342,365 For a Right tailed test Hypothesis Test Calculations: [Determine the appropriate test statistic ( t
trying to create a Right tailed test
H0:u=342,365
Ha:u 342,365
For a Right tailed test
Hypothesis Test Calculations:
[Determine the appropriate test statistic (t).]
This calculation is (mean - target)/standard error. In this case, the mean is your regional mean, and the target is the national mean.]
[Calculate the probability (pvalue).]
This calculation is done with the TDIST.2T function in Excel: =T.DIST.RT([test statistic], [degree of freedom]). The degree of freedom is calculated by subtracting 1 from your sample size.]
Interpretation
[Relate the pvalue and significance level.]
[Make the correct decision (reject or fail to reject).]
[Provide a conclusion in context to your hypothesis.]
Calculate the 95% confidence interval and show or describe the method of calculation.]
[Interpret the confidence 95% confidence interval in context.]
My Data
Mean | 228994.1536 |
Median | 215050 |
Mode | 169950 |
Standard Deviation | 79432.17347 |
Count | 500 |
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