Reject the null hypothesis

Assignment Help Accounting Basics
Reference no: EM131008563

For each of the following situations, state  whether a Type I, a Type II, or neither error has been made.

a) A test of H0: = 25 vs. HA: 7 25 rejects the null hypothesis. Later it is discovered that = 24.9.

b) A test of H0: = 0.8 vs. HA: 6 0.8 fails to reject the null hypothesis. Later it is discovered that = 0.9.

c) A test of H0: = 0.5 vs. HA: Z 0.5 rejects the null hypothesis. Later is it discovered that = 0.65.

d) A test of H0: = 0.7 vs. HA: 6 0.7 fails to reject the null hypothesis. Later is it discovered that = 0.6.

Reference no: EM131008563

Questions Cloud

Correct percentage of on-time deliveries : There's a 22% chance that the sample they drew shows the correct percentage of on-time deliveries There's a 22% chance that natural sampling variation could produce a sample with an observed proportion of on-time deliveries such as the one they obt..
How are confidence intervals calculated : A 95% confidence interval is not so much a statement about any particular interval, such as (79.3, 80.7), but pertains to what would happen if a very large number of like intervals were to be constructed. How are confidence intervals calculated
Prepare the journal entry to record the change in accounting : Assume that Weihrich used FIFO before 2011, and then in 2011 decided to switch to average cost. Prepare the journal entry to record the change in accounting principle and briefly describe any other steps Weihrich should take to appropriately report t..
Proportion of houses : A realty company recently announced that the proportion of houses taking more than three months to sell is now greater than 50%. A financial firm's accounting reports that after improvements in their system, they now have an error rate below 2%.
Reject the null hypothesis : For each of the following situations, state  whether a Type I, a Type II, or neither error has been made. a) A test of H0: m = 25 vs. HA: m 7 25 rejects the null hypothesis. Later it is discovered that m = 24.9. b) A test of H0: p = 0.8 vs. HA: p 6 0..
Solve the constant-coefficient equation : Solve the constant-coefficient equation in u to find two linearly independent solution. Use part (b) to find solution of the DE when a = 1 and b = -1/2. FInd the solution when y(1) = 0 and y'(1) = 1.
What is the predictor variable : For each additional hour of television viewed per day, the number of fruit and vegetable servings per day was found to decrease on average by 0.14 serving. For this study, what is the dependent variable? What is the predictor variable?
What is the standard error of the mean : 1. Suppose that you are testing the hypotheses H0: m = 16 vs. HA: m 6 16. A sample of size 25 results in a sample mean of 16.5 and a standard deviation of 2.0. a) What is the standard error of the mean?
What is the sample and what is the population : Briefly describe the data that is used and how it is collected. What is the sample and what is the population? Example: Survey data collected by QU pollsters. The sample is those polled, and the population may be U.S. citizens eligible to vote

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sanilac county has a lease on a lawn mower for 2500 per

sanilac county has a lease on a lawn mower for 2500 per month and .02 per minute of operation. operating costs for fuel

  Discuss the changes in reporting requirements rsi

There are approximately six major requirements outlined in GASB-34 - one of these is "Required Supplementary Information" (RSI). Describe this requirement and discuss the changes in reporting requirements RSI now requires of state and local gover..

  General capital assets purchased or constructed with

the following statements regarding capital assets is not true?1 general capital assets purchased or constructed with

  Tracy owns a nondepreciable capital asset held for

tracy owns a nondepreciable capital asset held for investment. the asset was purchased for 250000 six years earlier and

  Sakura snack company manufacturers a line of snack foods

gain sharingsakura snack company manufacturers a line of snack foods such as cheese crackers granola bars and cookies.

  Distribution and accumulation amounts

Under the terms of the trust instrument, the trustee has discretion to distribute or accumulate income on behalf of Willie, Sylvia, and Doris in equal shares. The trustee also can invade corpus for the benefit of any of the beneficiaries to the ex..

  Determine the inventory turnover ratio

Comment on any changes in these measures and compare the inventory turnover at Amazon. com to inventory turnover at Barnes & Noble, Inc., where inventory turned over 3.5 times during 2012 (104.3 days to sell). Based on your own experience, what's the..

  Post all journal entries and ledger account

Use the t accounts page in your workbook to post all journal entries to the appropriate ledger account and calculate account balances as of September 30th.

  How do calculate the net loss

How do you calculate the net loss?

  Samson wholesale beverage company regularly factors its

samson wholesale beverage company regularly factors its accounts receivable with the milpitas finance company. on april

  Uribe company sells a single product that has variable

uribe company sells a single product that has variable costs of 14 per unit. fixed costs will remain constant across

  Oakland college is considering outsourcing grounds

oakland college is considering outsourcing grounds maintenance. in this regard oakland has received a bid from highline

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