Explain why other statements are not precise or are false

Assignment Help Basic Statistics
Reference no: EM131372681

The p-value obtained in a hypothesis test for population mean is 8%. Select the most precise statement about what it implies. Explain why the other statements are not precise, or are false.

a. If H0 is rejected based on the evidence that has been obtained, the probability of type I error would be 8%.

b. We can be 92% confident that H0 is false.

c. There is at most an 8% chance of obtaining evidence that is even more unfavorable to H0 when H0 is actually true.

d. If α = 1%, H0 will not be rejected and there will be an 8% chance of type II error

e. If α = 5%, H0 will not be rejected and no error will be committed.

f. If α = 10%, H0 will be rejected and there will be an 8% chance of type I error.

Reference no: EM131372681

Questions Cloud

Consumer surplus in the skateboard market : Refer to Scenario 1. In the absence of international trade in skateboards, what will be consumer surplus in the skateboard market in the US?
Identify the beliefs and behaviors : Research and present a case study (not addressed in the textbook) in which a major IS project succeeded specifically because the IS analysts understood and avoided pervasive but unacknowledged beliefs or behaviors.
It is possible as a response to change the sample size : While designing a hypothesis test for population proportion, the cost of a type I error is found to be substantially greater than originally thought.- It is possible, as a response, to change the sample size and/or α.
Create a new starting state for the simulation : Is an identical simulation run this time? If not, do you see broadly similar patterns emerging anyway?
Explain why other statements are not precise or are false : The p-value obtained in a hypothesis test for population mean is 8%. Select the most precise statement about what it implies. Explain why the other statements are not precise, or are false.
Explain chronologically when things happen : Company XYZ, a mid-sized corporation, is in the middle of satisfying their regulatory compliance needs. The manager of security at the company has been tasked by the CIO (Chief Information Officer) to report on the company's current security post..
Consumer by subsidizing education : a. Write her budget constraint and draw the budget line in a diagram with education as the horizontal axis and money as the vertical axis. Suppose the government would like to increase the "welfare" of this consumer by subsidizing education.
How regional metamorphism is related to plate boundaries : Briefly outline how regional metamorphism is related to plate boundaries? Are certain types of metamorphic rocks indicative of particular plate boundaries or tectonic settings?
Why is it useful to know the power of a test : Why is it useful to know the power of a test?- Explain the difference between the p-value and the significance level α.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Test hypotheses and sample size requirement

A study was conducted to estimate the mean amount spent on birthday gifts for a typical family having two children. A sample of 150 was taken, and the mean amount spent was $225.

  Comparing multiple sample means

In many ways, comparing multiple sample means is simply an extension of what we covered last week.  Just as we had 3 versions of the t-test (1 sample, 2 sample (with and without equal variance), and paired;

  The freshness and overall quality of milk depend upon the

the freshness and overall quality of milk depend upon the type of packaging used. the manager of a dairy company is

  Simulate the arrival of cars at the service station

Simulate the arrival of cars at the service station for 20 arrivals and compute the average time between stations and Simulate the arrival of the cars at the service station for 1 hour

  Web crawlers need to estimate the frequency of changes to

web crawlers need to estimate the frequency of changes to web sites to maintain a current index for web searches.

  The number of telephone calls that arrive at a phone

the number of telephone calls that arrive at a phone exchange is often modeled as a poisson random variable. assume

  Consider a normal population with micro 25 and 70

consider a normal population with micro 25 and ? 7.0.a calculate the standard score for a value x of 27.b calculate

  Equilibrium probability vector for appropriate

Let Sn denote the total of the outcomes through the nth toss. Show that there is a limiting value for the proportion of the first n values of Sn that are divisible by 7, and compute the value for this limit. Hint : The desired limit is an equilibrium..

  After 2 years there was no difference in the risk of heart

a large study was conducted to test the effectiveness of a drug in combination with aspirin in warding off heart

  Website visitors are often loath to disclose personal

website visitors are often loath to disclose personal information when making a purchase on the internet. despite

  Unbiased estimator of theta

Show that theta~ = u(X) is an unbiased estimator of theta, where u(0) = 1 and u(x) = 0 if x =1,2, ... Compare the MSEs of theta(hat) and theta~ for estimating theta = e^(-m) when m=1 and m=2

  If the spinner lands on on any space not chosen the player

a spinner is divided into 4 equal spaces. a player bets 2.00 on a given space. if the spinner lands on that space he is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd