Suppose a hypothesis test is conducted using the pvalue approach and assigned a level of significance of
Question:
a. How is the 0.01 used in completing the hypothesis test?
b. If a is changed to 0.05, what effect would this have on the test procedure?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
When using probabilityvalue approach a The 001 is used as a boundar...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Suppose a hypothesis test is conducted using the classical approach and assigned a level of significance of a = 0.01. a. How is the 0.01 used in completing the hypothesis test? b. If a is changed to...
-
A hypothesis test is conducted at the .05 level of significance to test whether or not the population correlation is zero. If the sample consists of 25 observations and the correlation coefficient is...
-
The P-value for a hypothesis test is P = 0.0745. What is your decision when the level of significance is (1) = 0.05 (2) = 0.10? a. Compare the P-value with the level of significance. b. Make a...
-
When developing a survey instrument for a cross-country study, market researchers often need to construct a scale (e. g., a 7-point disagree/agree scale). What are the major items that one should be...
-
With reference to Exercise 5.45 and the computer printout of Figure 5.1, find the probability that among 10 cars stolen in the given city anywhere from 3 to 5 will be recovered, using (a) The values...
-
4 Real GDP falls during the contraction, or , phase of the business cycle.
-
(d) Interpret the results of your analysis. In particular, consider the following points: (i) Is the fibre diameter influenced by the sheeps pre-experiment live weight? (ii) Is the fibre diameter...
-
On December 31, 2015, Franklin purchased $7,000 of merchandise inventory on a one-year, 11 % note payable. Franklin uses a perpetual inventory system. Requirements 1. Journalize the companys purchase...
-
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix,...
-
The Electro-Poly Corporation is the world's leading manufacturer of slip rings. A slip ring is an electrical coupling device that allows current to pass through a spinning or rotating connectionsuch...
-
Suppose a hypothesis test is conducted using the pvalue approach and assigned a level of significance of a = 0.01 a. How is the 0.01 used in completing the hypothesis test? b. If a is changed to...
-
The expected mean of a continuous population is 100, and its standard deviation is 12. A sample of 50 measurements gives a sample mean of 96. Using a 0.01 level of significance, a test is to be made...
-
Financial planning can be more complex than the percentage of sales approach indicates. Often, the assumptions behind the percentage of sales approach may be too simple. A more sophisticated model...
-
What are the major immediate concerns for the HR manager in Austral Group SAA when merging two different organizational cultures - in this case, Peruvian and Norwegian cultures?
-
Explain the relation between the corporate, business and functional strategies. Please produce an in-depth explanation.
-
Consider the problem of terrorism during Radical Reconstruction. If you had been an adviser to the President, how would you propose to deal with the problem? Give a minimum of TWO examples and fully...
-
describe at least one element of an Airport Master Plan. Discuss the importance of this element and how it fits into the overall Airport Master Plan document to include its processes and objectives.
-
It is suggested that Wikipedia has replaced the hardback encyclopedia books, such Encyclopedia Brittanica. What other ways do you foresee technology changing businesses that have been around for...
-
Each of the wires 1 to 3 in Figure P28.39 carries a current perpendicular to the page. The line integrals of the magnetic field around the three Amprian paths shown all have the same positive value....
-
What tools are available to help shoppers compare prices, features, and values and check other shoppers opinions?
-
a. What factors should be considered by the auditor in deciding whether to perform substantive tests prior to the balance sheet date? b. How may the auditor control the potential added audit risk for...
-
x1 = 18, n1 = 30, x2 = 10, n2 = 20; 95% confidence interval a. Use the two-proportions plus-four z-interval procedure as discussed on page 467 to find the required confidence interval for the...
-
x1 = 30, n1 = 80, x2 = 15, n2 = 20; 95% confidence interval a. Use the two-proportions plus-four z-interval procedure as discussed on page 467 to find the required confidence interval for the...
-
From Wikipedias on-line document List of First Overall NBA Draft Picks, we found that, since 1947, 11.3% of the number-one draft picks in the National Basketball Association have been other than U.S....
-
QUESTION 3 A business owns seven flats rented out to staff at R500 per month. All flats were tenanted Ist january 21 months rent was in arrears and as at 31st December 14 months' rent wa Identify the...
-
1. 2. 3. Select the Tables sheet, select cells A6:B10, and create range names using the Create from Selection button [Formulas tab, Defined Names group]. Select cells B1:F2 and click the Name box....
-
Tropical Rainwear issues 3,000 shares of its $18 par value preferred stock for cash at $20 per share. Record the issuance of the preferred shares. (If no entry is required for a particular...
Study smarter with the SolutionInn App