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(a-1) Choose the right option for Hga 50; H,>0. Use a = 10. Reject If tcalc <1.383 O Reject if tcalc > 1.383 (a-2) Calculate the value of tale- (Round your answer to 2 decimal places.) tcale

(a-1) Choose the right option for Hga 50; H,>0. Use a = 10. Reject If tcalc <1.383 O Reject if tcalc > 1.383 (a-2) Calculate the value of tale- (Round your answer to 2 decimal places.) tcale

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Blue Box is testing a new "half price on Tuesday" policy on DVD rentals at a sample of 10 locations. | Location | New Price | Old Price | |----------|-----------|-----------| | 1 | 15 | 18 | | 2 | 11 | 8 | | 3 | 13 | 14 | | 4 | 9 | 11 | | 5 | 19 | 13 | | 6 | 11 | 19 | | 7 | 8 | 12 | | 8 | 12 | 14 | | 9 | 10 | 6 | | 10 | 13 | 9 | - [Excel Data File Link] (e-1) Choose the right option for \( H_0:\mu_d \leq 0; H_1:\mu_d > 0 \). Use \( \alpha = .10 \). - ○ Reject if \( t_{\text{calc}} < 1.383 \) - ○ Reject if \( t_{\text{calc}} > 1.383 \) (e-2) Calculate the value of \( t_{\text{calc}} \). (Round your answer to 2 decimal places.) \( t_{\text{calc}} \) [________]
Transcribed Image Text:Blue Box is testing a new "half price on Tuesday" policy on DVD rentals at a sample of 10 locations. | Location | New Price | Old Price | |----------|-----------|-----------| | 1 | 15 | 18 | | 2 | 11 | 8 | | 3 | 13 | 14 | | 4 | 9 | 11 | | 5 | 19 | 13 | | 6 | 11 | 19 | | 7 | 8 | 12 | | 8 | 12 | 14 | | 9 | 10 | 6 | | 10 | 13 | 9 | - [Excel Data File Link] (e-1) Choose the right option for \( H_0:\mu_d \leq 0; H_1:\mu_d > 0 \). Use \( \alpha = .10 \). - ○ Reject if \( t_{\text{calc}} < 1.383 \) - ○ Reject if \( t_{\text{calc}} > 1.383 \) (e-2) Calculate the value of \( t_{\text{calc}} \). (Round your answer to 2 decimal places.) \( t_{\text{calc}} \) [________]
## Decision Analysis ### (b-1) Assessing the Closeness of the Decision Is the decision close? **(Round your answer to 4 decimal places.)** - **The decision is:** [Dropdown option displayed: not close] - **The p-value is:** [Text box for input] ### (b-2) Price Comparison Evaluation **Is the new price better than the old?** - ○ True - ○ False ### (b-3) Significance of the Difference **Is the difference significant?** - ○ False - ○ True ### (c) Personal Conviction **Are you convinced?** - ○ No - ○ Yes --- This section is designed for users to input statistical decision data and evaluate outcomes. Users must determine the significance of differences and state their confidence in the results based on the statistical evidence provided.
Transcribed Image Text:## Decision Analysis ### (b-1) Assessing the Closeness of the Decision Is the decision close? **(Round your answer to 4 decimal places.)** - **The decision is:** [Dropdown option displayed: not close] - **The p-value is:** [Text box for input] ### (b-2) Price Comparison Evaluation **Is the new price better than the old?** - ○ True - ○ False ### (b-3) Significance of the Difference **Is the difference significant?** - ○ False - ○ True ### (c) Personal Conviction **Are you convinced?** - ○ No - ○ Yes --- This section is designed for users to input statistical decision data and evaluate outcomes. Users must determine the significance of differences and state their confidence in the results based on the statistical evidence provided.
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