The table below contains data about the returns to capital (in percentage points, %) of a random sample of 9 South African companies. Suppose that the returns to capital of South African companies is normally distributed. Using the data provided in the table, the value of the test statistic that must be used to test the hypothesis that the mean returns to capital is at least 10, rounded off to 3 decimal places is . Testing at the 5% level of significance, the critical value of this hypothesis, rounded off to 3 decimal places is . Use a YES for reject H0 and NO for do not reject H0. In the space provided and writing your answer in capital letters, do you reject or do not reject the null hypothesis H0? . (Note: write your final answers to 3 decimal places and when writing your answer use "." (3.250) instead of "," (3,250) with no spaces between digits).

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
Topic Video
Question

QUESTION 5

  1. The table below contains data about the returns to capital (in percentage points, %) of a random sample of 9 South African companies. Suppose that the returns to capital of South African companies is normally distributed. 

    Using the data provided in the table, the value of the test statistic that must be used to test the hypothesis that the mean returns to capital is at least 10, rounded off to 3 decimal places is . Testing at the 5% level of significance, the critical value of this hypothesis, rounded off to 3 decimal places is . Use a YES for reject H0 and NO for do not reject H0. In the space provided and writing your answer in capital letters, do you reject or do not reject the null hypothesis H0? . (Note: write your final answers to 3 decimal places and when writing your answer use "." (3.250) instead of "," (3,250) with no spaces between digits).

Company
Returns to capital
A
B
D
E
F
G
H
I
8.8
13.1
13.6
5.1
3.9
6.9
9.1
5.1
10.6
Transcribed Image Text:Company Returns to capital A B D E F G H I 8.8 13.1 13.6 5.1 3.9 6.9 9.1 5.1 10.6
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE 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