Suppose you have a sample of 25 observations in which the average age of residents is 37 years and the standard deviation is 6.047 years. A friend tells you that the average resident is 35 years old. Formally state the hypothesis test you would use to test whether your friend is wrong
Suppose you have a sample of 25 observations in which the average age of residents is 37 years and the standard deviation is 6.047 years. A friend tells you that the average resident is 35 years old. Formally state the hypothesis test you would use to test whether your friend is wrong
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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- Suppose you have a sample of 25 observations in which the average age of residents is 37 years and the standard deviation is 6.047 years. A friend tells you that the average resident is 35 years old.
- Formally state the hypothesis test you would use to test whether your friend is wrong. Use a two-tailed test.
- Using the confidence interval method, test your hypothesis at the 99% confidence level. Explicitly state the results of the test.
- Using the t-test method, determine at which conventional significance levels you can reject the null hypothesis and refute your friend’s claim (if any).
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