Assume that you have an estimate w = 0.3 of a population parameter 0 and test the hypothesis Hn : 0 = 0 against H : 0 > 0. What is the p-value? Explain graphically.

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1. Assume that you have an estimate w = 0.3 of a population parameter 0 and test the hypothesis
Ho : 0 = 0 against H : 0 > 0. What is the p-value? Explain graphically.
2. Explain the following concisely:
(a) the significance level,
%3D
(h) type Lerror
Transcribed Image Text:1. Assume that you have an estimate w = 0.3 of a population parameter 0 and test the hypothesis Ho : 0 = 0 against H : 0 > 0. What is the p-value? Explain graphically. 2. Explain the following concisely: (a) the significance level, %3D (h) type Lerror
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