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    Hypothesis Test - 1

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    hanatasha25
    The document describes three hypothesis testing problems where the population standard deviation is known. Each problem tests a null hypothesis about the population mean against an alternative hypothesis. The problems provide sample data including sample size, sample mean, and population standard deviation. For each problem, test statistics are calculated and conclusions are made based on p-values or critical values at given alpha levels of 0.01 or 0.05.

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    Hypothesis Test - 1

    Uploaded by

    hanatasha25
    8 views2 pages
    The document describes three hypothesis testing problems where the population standard deviation is known. Each problem tests a null hypothesis about the population mean against an alternative hypothesis. The problems provide sample data including sample size, sample mean, and population standard deviation. For each problem, test statistics are calculated and conclusions are made based on p-values or critical values at given alpha levels of 0.01 or 0.05.

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    statistic for economic and business hypothesis test

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    The document describes three hypothesis testing problems where the population standard deviation is known. Each problem tests a null hypothesis about the population mean against an alternative hypothesis. The problems provide sample data including sample size, sample mean, and population standard deviation. For each problem, test statistics are calculated and conclusions are made based on p-values or critical values at given alpha levels of 0.01 or 0.05.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    8 views2 pages

    Hypothesis Test - 1

    Uploaded by

    hanatasha25
    The document describes three hypothesis testing problems where the population standard deviation is known. Each problem tests a null hypothesis about the population mean against an alternative hypothesis. The problems provide sample data including sample size, sample mean, and population standard deviation. For each problem, test statistics are calculated and conclusions are made based on p-values or critical values at given alpha levels of 0.01 or 0.05.

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    © All Rights Reserved
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    of 2

    Hypothesis Testing: σ Known

    Practice 1
    Consider the following hypothesis testing:
    H 0 : μ ≤25

    H A : μ>25

    A sample of 40 provided a sample mean of 26.4. The population standard deviation is 6.


    a. Compute the value of the test statistic.
    b. What is the p-value?
    c. At α =0.01, what is your conclusion?
    d. What is the rejection rule using critical value? What is your conclusion?

    Practice 2
    Consider the following hypothesis testing:
    H 0 : μ=15

    H A : μ ≠ 15

    A sample of 50 provided a sample mean of 14.15. The population standard deviation is


    3.
    a. Compute the value of the test statistic.
    b. What is the p-value?
    c. At α =0.05 , what is your conclusion?
    d. What is the rejection rule using critical value? What is your conclusion?
    Practice 3
    Consider the following hypothesis testing:
    H 0 : μ ≥80

    H A : μ<80

    A sample of 100 provided and the population standard deviation is 12.

    a. x=78.5
    b. x=75.5
    c. x=81

    i. At α =0.01, what is your conclusion?


    ii. What is the rejection rule using critical value? What is your conclusion?

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