4. A researcher in Economics believes that the mean income of psychiatrists is now more than $65 thousand per year. Which is the correct set of hypotheses to test this belief? a. Ho: u 2 65000; HA: µ< 65000 b. Họ: µ< 65000; HA: µ > 65000 c. Ho: µ = 65000; HA: µ # 65000 d. Ho: u will be proven to come from a different distribution; HA: µ will be proven to come from the distribution with a mean of 65000

MATLAB: An Introduction with Applications
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Sample Mean:
X =
ΣΧ
Where
Σ
= sum (or add up)
sample mean
= total number of scores, or the sample size
=
n
For a population, mean is represented by the Greek letter mu (µ)
Population Variance:
g² = E (X -µ)²
N
Sample Variance:
s? = E(X-Xy
n - 1
Remember that the standard deviation (o or s) is the square root (v ) of the variance.
Z Score (for one score/individual):
Z = X -µ
Z Score: One Sample Z test:
Z =
= mean of sample
u = mean of population
O = standard deviation of population
n = sample size
In = square root of sample size
Transcribed Image Text:Sample Mean: X = ΣΧ Where Σ = sum (or add up) sample mean = total number of scores, or the sample size = n For a population, mean is represented by the Greek letter mu (µ) Population Variance: g² = E (X -µ)² N Sample Variance: s? = E(X-Xy n - 1 Remember that the standard deviation (o or s) is the square root (v ) of the variance. Z Score (for one score/individual): Z = X -µ Z Score: One Sample Z test: Z = = mean of sample u = mean of population O = standard deviation of population n = sample size In = square root of sample size
4. A researcher in Economics believes that the mean income of psychiatrists is now more than $65 thousand per
year. Which is the correct set of hypotheses to test this belief?
a. Ho: µ > 65000; HA: µ < 65000
b. Ho: μ < 65000; ΗA: μ > 65000
c. Ho: µ = 65000; HA: µ ± 65000
d. Ho: µ will be proven to come from a different distribution; HA: µ will be proven to come from the distribution
with a mean of 65000
Transcribed Image Text:4. A researcher in Economics believes that the mean income of psychiatrists is now more than $65 thousand per year. Which is the correct set of hypotheses to test this belief? a. Ho: µ > 65000; HA: µ < 65000 b. Ho: μ < 65000; ΗA: μ > 65000 c. Ho: µ = 65000; HA: µ ± 65000 d. Ho: µ will be proven to come from a different distribution; HA: µ will be proven to come from the distribution with a mean of 65000
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GivenA reasearcher in Economics believes that the mean income of psychiatristsis now more than 65 thousand per year

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