What do we conclude if we can reject H0 :ꞵ1 =0 in favor of Ha: ꞵ1 ǂ0 by setting
a α equal to .05?
b α equal to .01?
The decision is to reject the Null Hypothesis of ꞵ1 =0
a. We conclude that there is a statistical linear association between dependent and independent variable at 0.05 level of significance.
b. We conclude that there is a statistical linear association between dependent and independent variable at 0.01 level of significance.
What do we conclude if we can reject H0 :ꞵ1 =0 in favor of Ha: ꞵ1...
What do we conclude about xj if we can reject H0: βj = 0 in favor of Ha: βj ≠ 0 by setting (a) α equal to .05? (b) α equal to .01? xj significantly related to y with (a) (Click to select)nonevery strongstrongsomeextremely strong or (b) (Click to select)somevery strongextremely strongstrongnone evidence.
Consider the following hypothesis test. H0: μ1 − μ2 = 0 Ha: μ1 − μ2 ≠ 0 The following results are for two independent samples taken from the two populations. Sample 1 Sample 2 n1 = 80 n2 = 70 x1 = 104 x2 = 106 σ1 = 8.4 σ2 = 7.2 (a) What is the value of the test statistic? (Round your answer to two decimal places.) (b) What is the p-value? (Round your answer to four decimal places.)...
Use the Excel output in the below table to do (1) through (6) for each ofβ0, β1, β2, and β3. y = β0 + β1x1 + β2x2 + β3x3 + ε df = n – (k + 1) = 16 – (3 + 1) = 12 Excel output for the hospital labor needs case (sample size: n = 16) Coefficients Standard Error t Stat p-value Lower 95% Upper 95% Intercept 1946.8020 504.1819 3.8613 0.0023 848.2840 3045.3201 XRay (x1) 0.0386...
Consider the following hypotheses: H0: μ = 19 HA: μ ≠ 19 The population is normally distributed. A sample produces the following observations: (You may find it useful to reference the appropriate table: z table or t table) 20 23 17 21 21 24 23 Click here for the Excel Data File a. Find the mean and the standard deviation. (Round your answers to 2 decimal places.) b. Calculate the value of the test statistic. (Round intermediate calculations to...
Consider the following hypothesis test: H0: μ = 15 Ha: μ ≠ 15 A sample of 50 provided a sample mean of 14.17. The population standard deviation is 4. a. Compute the value of the test statistic (to 2 decimals). b. What is the p-value (to 4 decimals)? c. Using α = .05, can it be concluded that the population mean is not equal to 15? Answer the next three questions using the critical value approach. d. Using α =...
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Exercise 9-39 Algo Consider the following hypotheses: H0: μ = 20 HA: μ ≠ 20 The population is normally distributed. A sample produces the following observations: (You may find it useful to reference the appropriate table: z table or t table) 24 20 24 21 21 24 19 Click here for the Excel Data File a. Find the mean and the standard deviation. (Round your answers to 2 decimal places.) b. Calculate the value of the test statistic. (Round...
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Consider the following hypothesis test: H0: μ = 18 Ha: μ ≠ 18 A sample of 48 provided a sample mean x = 17 and a sample standard deviation s = 4.7. a. Compute the value of the test statistic (to three decimal places.) b. Use the t distribution table (Table 2 in Appendix B) to compute a range for the p-value. (to two decimal places) p-value is between ___________ is __________ c. At α = .05, what is your...