What are the two characteristics of a good interpretation

Assignment Help Basic Statistics
Reference no: EM131711440

Question: 1. What are the two characteristics of a good interpretation?

2. Distinguish between a and p.

3. Suppose the actual situation is that the sample comes from a population that is not the one hypothesized by the null hypothesis. If the significance level is .05, what is the probability of making a Type I error? (Careful on this one.)

Reference no: EM131711440

Questions Cloud

What is a significance level : What is a significance level? What is the largest significance level you can use without giving a justification?
Write response that draws upon what you learned from article : For your initial post, select one question from each question set below, and write a response that draws upon what you learned from both articles.
What patterns might influence the direction of your research : What social, political, or personal factors might influence the direction of your research?What interest groups would be involved?
Prepare tamarisk journal entries related to this investment : Tamarisk Corporation purchased for $270,000 a 30% interest in Murphy, Inc. Prepare Tamarisk's journal entries related to this investment
What are the two characteristics of a good interpretation : Suppose the actual situation is that the sample comes from a population that is not the one hypothesized by the null hypothesis.
Organization improve its operational processes : 1. Identify at least two (2) financial theories that can help an organization improve its operational processes.
Irrational expectation or over-borrowing : 1) Which factor, irrational expectation or over-borrowing, matters more for a financial crisis? Why?
Discuss about the grapes of wrath : Read and analyze John Steinbeck's an excerpt from "The Grapes of Wrath" In this reading of the passage
Find probability of type i and type ii errors : Suppose a researcher chooses to use a = .01 rather than .05. What effect does this have on the probability of Type I and Type II errors?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Smelling the breath of patients

Dogs are being trained to detect lung cancer by smelling the breath of patients. 1286 patientswith known cancer status are tested. 708 patients without cancer were given a negative result,and 4 patients without cancer were given a positive result...

  What is the standard deviation for data

What is the standard deviation for these data, first without the correction and then with the correction used when estimating a population? What is the purpose of using the corrected standard deviation.

  Construct a boxplot for the husbands heights

Construct a boxplot for the husbands' heights.- Use the range to approximate the standard deviation for these heights.

  Anova to test productivity levels

The results shown below are mean productivity measurements (average number of assemblies completed per hour) for a random sample of workers at each of three plants.

  Evidence to disclaim the hypothesis

A local politician in this town has stated that the average property taxes are $1800 and most people do not pay more than this amount. Conduct a test at the alpha = .01 level to determine if this is true. For this test, consider a sample size of 3..

  You are considering buying a new house in a new city you

you are considering buying a new house in a new city. you want to know the average price of the houses in a new

  Two cards are drawn from a well-shuffled deck what is the

two cards are drawn from a well-shuffled deck.a what is the probability that they form a blackjack i.e. one is an ace

  Whats the necessary sample size

How many of this younger age group must we survey in order to estimate the proportion of non-grads to within 6% with 90% confidence?

  Good estimation of the population mean

Use technology to find the estimated minium required sample size. The minimum sample size required is ? Computer users round to the nearest whole number. What is a major obstacle to getting a good estimate of the population mean?

  Compare the mean violent crime rates

To answer Question 5, you should compare the mean violent crime rates of the four regions. Use the following commands with SPSS: Analysis ===> Compare Means ===> Means (You should treat Region as the independent, violent crimes as the dependent).

  Explain the sampling distribution

What can you say about the shape of the sampling distribution of ?

  Description of population means

Fairfield homes is developing two parcels near Pigeon Fork, Tenn. In order to test different advertising approaches, they use different media to reach potential buyers.

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