A random sample of nine local banks shows their deposits (in billions of dollars) 3 years ago and their deposits (in billions of dollars) today. Use a 0.05 significance level to test the claim that the average in deposits for the banks is greater today than it was 3 years ago? In this example, Ha is the mean value of the differences d for the population of all pairs of data, where each individual difference d is defined as he deposits 3 years ago minus today. 8 7 6 d 5 4 3 Bank 2 1 3 years ago 11.42 8.41 3.98 7.37 2.28 1.10 1.00 0.9 1.35 16.69 9.44 6.53 5.58 2.92 1.88| 1.78 1.5 1.22 -5.21 -103-2.s5 1-,4- 1- .13 Today State the original claim in symbolic form. Sa 73 State the null and alternative hypothesis in symbolic form. Ha:ud 3 Ha: d7 3 Right tailed test) Two-tailed test Left tailed test Circle the one that applies: Find the test statistic. a-ud t : Sd Tm a .05 n two tail df Find the critical value(s). t = t Conclusion: (Reject / Fail to Reject) Ho; there ( is / is not) sufficient evidence to support the claim that the average in deposits for the banks is greater today than it was 3 years ago. ]1
A random sample of nine local banks shows their deposits (in billions of dollars) 3 years ago and their deposits (in billions of dollars) today. Use a 0.05 significance level to test the claim that the average in deposits for the banks is greater today than it was 3 years ago? In this example, Ha is the mean value of the differences d for the population of all pairs of data, where each individual difference d is defined as he deposits 3 years ago minus today. 8 7 6 d 5 4 3 Bank 2 1 3 years ago 11.42 8.41 3.98 7.37 2.28 1.10 1.00 0.9 1.35 16.69 9.44 6.53 5.58 2.92 1.88| 1.78 1.5 1.22 -5.21 -103-2.s5 1-,4- 1- .13 Today State the original claim in symbolic form. Sa 73 State the null and alternative hypothesis in symbolic form. Ha:ud 3 Ha: d7 3 Right tailed test) Two-tailed test Left tailed test Circle the one that applies: Find the test statistic. a-ud t : Sd Tm a .05 n two tail df Find the critical value(s). t = t Conclusion: (Reject / Fail to Reject) Ho; there ( is / is not) sufficient evidence to support the claim that the average in deposits for the banks is greater today than it was 3 years ago. ]1
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
Concept explainers
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
Question
I've attached the pic of the problem I'm working on. I think I understand what I am doing and I am sure that I can substitute the values into the equation, I'm just not sure how to find the dbar and Sd values? I have the TI-30XS multiview calculator.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 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