2) Claim: The average income for college students is below $10,000. a) What would the null and alternative hypotheses be for this test? Họ: HA: b) Explain what a Type 1 error would be for this test. c) What would the decision rule for this test be? d) Suppose that a survey of 450 students had an average of $9550 with a standard deviation of $6000. However, the sample data suggests that the population has a distribution that is not normal. What would the p-value be for this test? (Show your work.) e) Given an interpretation of what the p-value means in the context of the problem. f) If a = 0.05, state a conclusion. %3D
2) Claim: The average income for college students is below $10,000. a) What would the null and alternative hypotheses be for this test? Họ: HA: b) Explain what a Type 1 error would be for this test. c) What would the decision rule for this test be? d) Suppose that a survey of 450 students had an average of $9550 with a standard deviation of $6000. However, the sample data suggests that the population has a distribution that is not normal. What would the p-value be for this test? (Show your work.) e) Given an interpretation of what the p-value means in the context of the problem. f) If a = 0.05, state a conclusion. %3D
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question

Transcribed Image Text:2) Claim: The average income for college students is below $10,000.
a) What would the null and alternative hypotheses be for this test?
Ho:
HA:
b) Explain what a Type 1 error would be for this test.
c) What would the decision rule for this test be?
d) Suppose that a survey of 450 students had an average of $9550 with a standard deviation
of $6000. However, the sample data suggests that the population has a distribution that is
not normal. What would the p-value be for this test? (Show your work.)
e) Given an interpretation of what the p-value means in the context of the problem.
f) If a = 0.05, state a conclusion.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman