A sample of 81 observations has been selected to test whether the population mean is smaller than 15. The sample showed an average of 14.3 and a standard deviation of 2.7. You want to test this hypothesis at 93% level of confidence using the critical value approach. First, compute the critical value and the test statistics associated with this test. Second, compute the difference between the test statistic and the critical value (test statistic - critical value). What is this NOTE: WRITE YOUR ANSWER WITH 4 DECIMAL DIGITS. DO NOT ROUND UP OR DOWN. MAKE SURE YOU INDICATE THE SIGN OF THIS DIFFERENCE CORRECTLY.
A sample of 81 observations has been selected to test whether the population mean is smaller than 15. The sample showed an average of 14.3 and a standard deviation of 2.7. You want to test this hypothesis at 93% level of confidence using the critical value approach. First, compute the critical value and the test statistics associated with this test. Second, compute the difference between the test statistic and the critical value (test statistic - critical value). What is this NOTE: WRITE YOUR ANSWER WITH 4 DECIMAL DIGITS. DO NOT ROUND UP OR DOWN. MAKE SURE YOU INDICATE THE SIGN OF THIS DIFFERENCE CORRECTLY.
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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A sample of 81 observations has been selected to test whether the population mean is smaller than 15. The sample showed an average of 14.3 and a standard deviation of 2.7. You want to test this hypothesis at 93% level of confidence using the critical value approach. First, compute the critical value and the test statistics associated with this test. Second, compute the difference between the test statistic and the critical value (test statistic - critical value). What is this
NOTE: WRITE YOUR ANSWER WITH 4 DECIMAL DIGITS. DO NOT ROUND UP OR DOWN. MAKE SURE YOU INDICATE THE SIGN OF THIS DIFFERENCE CORRECTLY.
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