Part 1: Hypothesis Test for the Mean - Manual Tasks • Define your concern of interest drawing upon your variables in your dataset. • Conceptualize your null and alternate hypotheses based on your testing concept. a. Apply 1 one-sided test (upper-tail or lower-tail) and 1 two-sided test concepts for the  mean with unknown population standard deviation (�) at 1%, 5%, or 10% levels of  significance (choose one of them for each test) by stating the appropriate decision rule.

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Part 1: Hypothesis Test for the Mean
- Manual Tasks
• Define your concern of interest drawing upon your variables in your dataset.
• Conceptualize your null and alternate hypotheses based on your testing concept.
a. Apply 1 one-sided test (upper-tail or lower-tail) and 1 two-sided test concepts for the 
mean with unknown population standard deviation (�) at 1%, 5%, or 10% levels of 
significance (choose one of them for each test) by stating the appropriate decision rule. 
b. Calculate p-value for each of your tests and perform testing for your same hypotheses 
with p-value solution. Comment on how p-value changes for 1%, 5%, and 10% 
significance levels (for all three).
**Here in order to apply normal distribution approximation, it would be better if you 
choose your sample size greater than 100 (n>100).
c. Make a confidence interval estimation for the population mean with unknown variance
based on 90%, 95% and 99% confidence levels and make interpretations for all three.

 

 

DATASET:

WaterBill ElectricBill
97 144
153 204
109 205
110 202
105 171
117 162
30 65
153 164
145 158
36 70
129 179
159 240
123 212
139 209
74 154
144 179
127 205
134 206
110 154
118 206
81 185
78 204
107 137
121 189
110 189
91 227
89 179
156 202
130 134
50 90
123 220
145 260
98 176
131 187
76 213
103 125
67 102
119 227
85 128
131 232
82 142
114 196
86 226
91 200
131 175
107 195
157 127
142 196
86 143
68 192
123 124
112 208
116 181
97 162
77 154
140 219
79 179
67 140
119 199
104 170
99 139
109 163
138 164
142 209
114 156
78 204
116 166
121 180
140 124
158 262
84 117
138 167
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