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Central Limit Theorem, Confidence Interval, Hypothesis Testing
Read chp. 8, 9, & 10 Write a 300-500 word essay and describe the following terms: 1. Central Limit Theorem and its application. 2. Confidence intervals using sample means and sample proportions. 3. Describe the steps in testing a hypothesis. 4. Define p-value and explain why p-value is needed in testing hypotheses Lind, D., & Marchal, W. (2015). Statistical techniques in business & economics 16th ed.). McGraw-Hill.
The test statistics in a right tailed test is z= 2.50. Also use a .05 significance level and state the conclusion about the null hypothesis (reject null hypothesis or fail to reject the null hypothsis)
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in class we discussed what fraction of 7-foot or taller males of an appropriate age play in the nba. this exercise
ACT scores of high school seniors. The scores of high school seniors on the ACT college entrance examination in 2003 had mean JL = 20.80 and standard deviation (J = 4.80. The distribution of scores is only roughly Normal.
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if three distinct dice are rolled what is the probability that the highest value is twice the smallest valuestep by
the probability distribution of the discrete random variablenbspxnbspis given by the following
1) Describe the sampling distribution of the sample mean in terms of:
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