Making decision - hypothesis testing, Operation Research

Assignment Help:

Making Decision

Lastly a decision  should  be arrived as to whether the null  hypothesis is  to be accepted  or rejected. In  this regard the value  of the test  statistic computed to test the  hypothesis plays  a very important role. If the  computed value of the test  statistic is less than  the  critical  value the computed value of the test statistic falls in the acceptance region and  null  hypothesis is accepted. If the computed value of the test  statistic  is greater than  the critical  value the  computed value of  the test statistic fall in the rejection region  and null hypothesis  is rejected. Usually  5% level of significance α = 0.05 is used  in testing  a hypothesis  and  taking a decision unless otherwise  any other level of significance is specifically stated.


Related Discussions:- Making decision - hypothesis testing

Hypothesis building and testing, Hypothesis  Building and Testing The...

Hypothesis  Building and Testing The foundation of hypothesis building  lies in discovering links between  elements  of your data. CAQDAS can help you to  discover these links

Operations Research, a. What do you mean by linear programming problem? Exp...

a. What do you mean by linear programming problem? Explain the steps involved in linear programming problem formulation? b. A paper mill produces two grades of paper viz., X and Y.

Sequencing models, The sequencing problems arises whenever there is probl...

The sequencing problems arises whenever there is problems in determining the sequence ( order) in which a member of tasks can be performed by a number of service facilities su

Methods of calculation of standard deviation , Methods  of calculation of ...

Methods  of calculation of standard deviation a. Calculation of Standard  Deviation  - Individual Series: There  are two methods of calculating standard  deviation in an ind

Report writing - report writing presentation, REPORT WRITING The final...

REPORT WRITING The final step in research is to report the study  findings to those  who authorized the investigation. The American marketing association is  of the opinion  t

Help me please , This year Jan Rich, who is ranked number one in women''s s...

This year Jan Rich, who is ranked number one in women''s singles in tennis, and Marie Wacker, who is ranked number three, will play 4 times. If Marie can beat Jan 3 times, she will

Linear programming , #questionQuestion. a paper mill produces two grades o...

#questionQuestion. a paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x paper and 300 tons

Linear programming, nass food produces to kinds of popular dark chocolate b...

nass food produces to kinds of popular dark chocolate bars.the banana and coffee. the banana bar costs 0.22 to make and sells of 0.35, where as the coffee bar costs 0.40 to make an

Classification of documents by information characteristics , Classification...

Classification of documents by information Characteristics: The schemes of classification advocated by Hanson and Grogan are mainly based on the information characteristics of

Write Your Message!

Captcha
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