EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
8th Edition
ISBN: 9780135179833
Author: STEPHAN
Publisher: VST
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For each of the questions 1-4, answer the following (a-h are steps in a Hypothesis Test, see page 376 of your ebook). For steps f and g do both the p-value method and the critical value method: a) Claim in English: b) Claim in Symbolic Form: c) Null and Alternate Hypothesis: d) Significance Level: e) Test Statistic: f) Find Values: g) Make a Decision: h) Restate the Decision in Nontechnical Terms: i) If this is a statistically significant result, is it also a practically significant result?
According to the CDC, cholesterol levels can be reduced by following a healthy diet, getting regular exercise, and reducing the amount of alcohol consumed on a weekly basis. One method of monitoring overall cholesterol levels is to calculate your cholesterol ratio (LDL/HDL), in general a cholesterol ratio between 3.5 and 5.0 is considered to be healthy for most adults. Suppose you are a clinical researcher testing the effects of these lifestyle changes on patient cholesterol levels. In order to determine if following these guidelines helps to reduce overall cholesterol, a total of 18 participants (N = 18) with moderate to high cholesterol ratios (i.e., 3.91 to > 5.0) were recruited for a healthy lifestyle study and their cholesterol ratio was calculated three times over a six week period: Week 0 (baseline), Week 3, and Week 6.  Using the variables "Week 0", "Week 3", and "Week 6" in the data set, conduct a One-Way, Within Subjects (AKA Repeated Measures) ANOVA, at α = 0.05, to see…
According to the CDC, cholesterol levels can be reduced by following a healthy diet, getting regular exercise, and reducing the amount of alcohol consumed on a weekly basis. One method of monitoring overall cholesterol levels is to calculate your cholesterol ratio (LDL/HDL), in general a cholesterol ratio between 3.5 and 5.0 is considered to be healthy for most adults. Suppose you are a clinical researcher testing the effects of these lifestyle changes on patient cholesterol levels. In order to determine if following these guidelines helps to reduce overall cholesterol, a total of 18 participants (N = 18) with moderate to high cholesterol ratios (i.e., 3.91 to > 5.0) were recruited for a healthy lifestyle study and their cholesterol ratio was calculated three times over a six week period: Week 0 (baseline), Week 3, and Week 6.  Using the variables "Week 0", "Week 3", and "Week 6" in the data set, conduct a One-Way, Within Subjects (AKA Repeated Measures) ANOVA, at α = 0.05, to see…
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