new bandage significantly reduce healing times? Analyze both parametrically and nonparametrically (with both the sign test and Wilcoxon signed-rank test). 9.5, 9.7,10.5, 10.2, 10.8, 10.9, 10.1, 11.3, 9.9, 9.6, 11.2, 11.0, 10.0, 10.4, 11.4, 9.8
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
Data for healing time of new badges is 9.5, 9.7, 10.5, 10.2, 10.8, 10.9, 10.1, 11.3, 9.9, 9.6, 11.2, 11.0, 10.0, 10.4, 11.4, 9.8.
Hypotheses can be constructed as:
H0: µ=11
H1: µ<11
Parametric test:
Test statistic can be obtained as:
Where,
Test statistic is:
Value of test statistic is -3.8123.
The test is one tailed.
The p value of the test statistic from the t-table is 0.0008.
The level of significance (α) = 0.05
Decision rule:
Reject H0: if p value < level of significance (α)
Since, the p value is 0.0008 which is less than level of significance, therefore, the null hypothesis would be rejected and it can be concluded that there is sufficient evidence to conclude that new bandage significantly reduce healing time.
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