Conduct a t-test at the .01 level. You are interested in the income of American adults. In your sample, there are 361 adults with a high school degree, with a mean $19,500 and a standard deviation $3,800. Test if the mean income of the high school degree holders is $20,000. Find the correct critical value(s). (A) 1.645 for a one-tailed test (B) -1.645 for a one-tailed test (C) 1.960 for a one-tailed test (D) -1.960 for a one-tailed test (E) 2.326 for a one-tailed test (F) -2.326 for a one-tailed test (G) 2.576 for a one-tailed test (H) -2.576 for a one-tailed test (I) 1.645 and -1.645 for a two-tailed test (J) 1.960 and -1.960 for a two-tailed test (K) 2.576 and -2.576 for a two-tailed test

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Conduct a t-test at the .01 level. You are interested in the income of American adults. In your sample, there are 361 adults with a high school degree, with a mean $19,500 and a standard deviation $3,800. Test if the mean income of the high school degree holders is $20,000.

Find the correct critical value(s).

(A) 1.645 for a one-tailed test


(B) -1.645 for a one-tailed test


(C) 1.960 for a one-tailed test


(D) -1.960 for a one-tailed test


(E) 2.326 for a one-tailed test


(F) -2.326 for a one-tailed test


(G) 2.576 for a one-tailed test


(H) -2.576 for a one-tailed test


(I) 1.645 and -1.645 for a two-tailed test


(J) 1.960 and -1.960 for a two-tailed test


(K) 2.576 and -2.576 for a two-tailed test

 

 

Expert Solution
steps

Step by step

Solved in 3 steps with 6 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman