Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Large Sample Test for Proportion
A random sample of size n (n > 30) has a sample proportion p of members possessing a certain attribute (success). To test the hypothesis that the proportion p in the population has a specified value p0.
The Null Hypothesis is H0: p = p0.
The Alternative Hypothesis is (i) H1: p ≠ p0 or (ii) H1: p < p0, or (iii) H1: p > p0.
Since n is large, the sampling distribution of is approximately normal.
If H0 is true, the test statistic z = is approximately normally distributed.
The critical region for z depending on the nature of H1 and level of significance α is given in the following table:
Rejection Rule for H0: p = p0
Level of significance
10%
5%
1%
Critical region for p p0
| z | > 1.64
| z | > 1.96
| z | > 2.58
Critical region for p < p0
z < -1.28
z < -1.64
z < -2.33
Critical region for p > p0
z > 1.28
z > 1.64
z > 2.33
Applications of Standard Error Standard Error is used to test whether the difference between the sample statistic and the population parameter is significant or is d
Chi-square analysis can be used with both Goodness-of-Fit Tests and with Tests for Independence. There are specific instances when each test should be used based on the information
Consider the following game: (a) If (top, left) is a Weakly Dominant Strategy Equilibrium, then what inequalities must hold among (a, ..., h)? (b) If (top, left) is a Na
Primary and Secondary Data: Primary Data: These data are those are collected for the first time. Thus primary data are original in character and gathered by actual observat
In the case of permanent magnet DC motor whose stator consists of a permanent magnet we can take the field current to be constant (i.e. a constant magnetic field) and it can be sho
Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both
Apl.send me nots on hypothesis testing sk question #Minimum 100 words accepted#
A monopolist firm''s demand curve is given by P:100-2q. (a) Find its marginal revenue function.
Ask 3. Precision Manufacturing has a government contract to produce stainless steel rods for use in military aircraft. Each rod is required to be 20 millimeters in diameter. Each
Your organization purchases bottles of a popular commercial solvent for resale. Each bottle is labeled as containing 32 fluid ounces of the solvent. Your cont
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd