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The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: x = 150; n = 125; s = 50 May: x = 125; n = 150; σ = 50 B. August June: μ = 150; n = 125; o = 50 August: μ = 50; n = 125; s = 150 C. May A. April D. June 5. What is the level of significance a for the given problem? B. a = 0.05 A. a = 0.01 C. a = 0.10 D. a = 0.20

The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: x = 150; n = 125; s = 50 May: x = 125; n = 150; σ = 50 B. August June: μ = 150; n = 125; o = 50 August: μ = 50; n = 125; s = 150 C. May A. April D. June 5. What is the level of significance a for the given problem? B. a = 0.05 A. a = 0.01 C. a = 0.10 D. a = 0.20

MATLAB: An Introduction with Applications
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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The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: x = 150; n = 125; s = 50 May: x = 125; n = 150; σ = 50 June: μ = 150; n = 125; o = 50 August: μ = 50; n = 125; s = 150 C. May D. June A. April B. August 5. What is the level of significance a for the given problem? A. a = 0.01 B. a = 0.05 C. a = 0.10 D. a = 0.20 6. For a 99% confidence level, what is the value of Za/2 for the given situation? A. 1.65 B. 1.96 C. 2.33 D. 2.58 error of the estimate? 7. What is the maximum A. 8.00 B. 9.51 C. 10.53 D. 11.54 8. Given: Ho: μ = 84 and H₂:μ> 84, what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? A. Type l B. Type II C. Correct Decision D. Alpha
Transcribed Image Text:The average amount of purchase of goods of 150 people in MAX convenience store is Php 125. The population standard deviation is known to be Php 50. The manager wants to estimate the average amount of purchase of goods with 99% confidence. 4. Who among the four students is correct in identifying the given facts in the situation? April: x = 150; n = 125; s = 50 May: x = 125; n = 150; σ = 50 June: μ = 150; n = 125; o = 50 August: μ = 50; n = 125; s = 150 C. May D. June A. April B. August 5. What is the level of significance a for the given problem? A. a = 0.01 B. a = 0.05 C. a = 0.10 D. a = 0.20 6. For a 99% confidence level, what is the value of Za/2 for the given situation? A. 1.65 B. 1.96 C. 2.33 D. 2.58 error of the estimate? 7. What is the maximum A. 8.00 B. 9.51 C. 10.53 D. 11.54 8. Given: Ho: μ = 84 and H₂:μ> 84, what type of error is committed if a researcher did not reject the null hypothesis when in fact the population is greater than 84? A. Type l B. Type II C. Correct Decision D. Alpha
1. Which among the following is TRUE about the statistical hypothesis? A. It is rejecting the null hypothesis even if it is true. B. It is a statistical tool that verifies or nullifies two claims about a population. C. It is accepting the null hypothesis even if it is false. D. It is an assertion or conjecture about one or more populations. 2. Which among the following is TRUE about the Type I error? A. It is rejecting the null hypothesis even if it is true. B. It is a statistical tool that verifies or nullifies two claims about a population. C. It is accepting the null hypothesis even if it is false. D. It is an assertion or conjecture about one or more populations. 3. Which of the following numerical measures describes a sample? A. parameter B. sampling C. statistic D. two-tailed test
Transcribed Image Text:1. Which among the following is TRUE about the statistical hypothesis? A. It is rejecting the null hypothesis even if it is true. B. It is a statistical tool that verifies or nullifies two claims about a population. C. It is accepting the null hypothesis even if it is false. D. It is an assertion or conjecture about one or more populations. 2. Which among the following is TRUE about the Type I error? A. It is rejecting the null hypothesis even if it is true. B. It is a statistical tool that verifies or nullifies two claims about a population. C. It is accepting the null hypothesis even if it is false. D. It is an assertion or conjecture about one or more populations. 3. Which of the following numerical measures describes a sample? A. parameter B. sampling C. statistic D. two-tailed test
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