You will soon perform a hypothesis test with Ho: B=0 H1: B<0 , at a = .05. n) Explain, in "real world" terms what fact this hypothesis test is trying to prove. o) Explain what happens if the test results in a Type I error. Do not just paraphrase the definition of Type I error; tell specifically what conclusions are drawn and what actually is true in this example if a Type I error is made. p) Explain what happens if the test results in a Type II error. Do not just paraphrase the definition of Type II error; tell specifically what conclusions are drawn and what actually is true in this example if a Type II error is made. p) Perform the test and write your findings in plain English. g) A 95% confidence interval for B is (-1.999 , –1.186 ) and EXPLAIN what this tells you.

You will soon perform a hypothesis test with Ho: B=0 H1: B<0 , at a = .05. n) Explain, in "real world" terms what fact this hypothesis test is trying to prove. o) Explain what happens if the test results in a Type I error. Do not just paraphrase the definition of Type I error; tell specifically what conclusions are drawn and what actually is true in this example if a Type I error is made. p) Explain what happens if the test results in a Type II error. Do not just paraphrase the definition of Type II error; tell specifically what conclusions are drawn and what actually is true in this example if a Type II error is made. p) Perform the test and write your findings in plain English. g) A 95% confidence interval for B is (-1.999 , –1.186 ) and EXPLAIN what this tells you.

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Description: You will soon perform a hypothesis test withHo: B =0H1: B<0, at a = .05.n) Explain, in "real world" terms what fact this hypothesis test is trying to prove.o) Explain what happens if the test results in a Type I error. Do not just paraphrase the def

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 Pavalue for a hypothesis test is shown. Use the P-value to decide whether to reject Ho when the level of significance is (a) a = 0.01, (b) a = 0.05. and (c)g=0 10 P=0.0816 (a) Do you reject or fail to reject Ho at the 0.01 level of significance? O A. Fail to reject Ho because the P-value, 0.0816, is less than a = 0.01. O B. Fail to reject H, because the P-value, 0.0816, is greater than a= 0.01. OC. Reject H, because the P-value, 0.0816, is less than a=0.01. O D. Reject Ho because the P-value, 0.0816, is greater thana= 0.01. (b) Do you reject or fail to reject H, at the 0.05 level of significance? O A. Reject Ho because the P-value, 0.0816, is less than a =0.05. O B. Fail to reject H, because the P-value, 0.0816, is greater than a= 0.05. OC. Reject H, because the P-value, 0.0816, is greater than oa 0.05. O D. Fail to reject Ho because the P-value, 0.0816, is less than a = 0,05. (c) Do you reject or fail to reject Ho at the 0.10 level of significance? O A. Reject Ho because the…
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