You are given the following summary statistics from a sample of 21 observations: (You may find it useful to reference the appropriate table: chi-square table or F table) Mean 58.27 Standard Deviation 11.83 Skewness 1.31 Kurtosis 1.80 a. Using the Jarque-Bera test, specify the null and alternative hypotheses to determine whether or not the data are normally distributed. Hg: S = 0 and K - 0; HA: S + 0 and K + 0 Hg: S = 0 and K = 0; HA: S < e and K < 0 Hg: S = 0 and K = 0; HA: S > 0 and K > 0 b-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic b-2. Find the p-value. O 0.01 s p-value <0.025 O p-value < 0.01 O p-value 2 0.10 O 0.05 s p-value < 0.10 O 0.025 s p-value <0.05 c. What is the conclusion at the 1% significance level?
You are given the following summary statistics from a sample of 21 observations: (You may find it useful to reference the appropriate table: chi-square table or F table) Mean 58.27 Standard Deviation 11.83 Skewness 1.31 Kurtosis 1.80 a. Using the Jarque-Bera test, specify the null and alternative hypotheses to determine whether or not the data are normally distributed. Hg: S = 0 and K - 0; HA: S + 0 and K + 0 Hg: S = 0 and K = 0; HA: S < e and K < 0 Hg: S = 0 and K = 0; HA: S > 0 and K > 0 b-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) Test statistic b-2. Find the p-value. O 0.01 s p-value <0.025 O p-value < 0.01 O p-value 2 0.10 O 0.05 s p-value < 0.10 O 0.025 s p-value <0.05 c. What is the conclusion at the 1% significance level?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:You are given the following summary statistics from a sample of 21 observations: (You may find it useful to reference the appropriate
table: chi-square table or F table)
Mean
58.27
Standard Deviation
11.83
Skewness
1.31
Kurtosis
1.80
a. Using the Jarque-Bera test, specify the null and alternative hypotheses to determine whether or not the data are normally
distributed.
O Hạ: S = 0 and K = 0; HA: S + 0 and K + 0
O Ha: S = 0 and K = 0; Ha: 5 < 0 and K < 0
O Ha: S = 0 and K = 0; Ha: 5 > 0 and K > 0
b-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3
decimal places.)
Test statistic
b-2. Find the p-value.
O 0.01 s p-value < 0.025
O p-value < 0.01
O p-value 2 0.10
O 0.05 s p-value < 0.10
O 0.025 s p-value < 0.05
c. What is the conclusion at the 1% significance level?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
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
Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman