Loose-leaf For Applied Statistics In Business And Economics
Loose-leaf For Applied Statistics In Business And Economics
5th Edition
ISBN: 9781259328527
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 15, Problem 26CE
To determine

State the null and alternative hypothesis.

Find the degrees of freedom for the contingency table.

Find the critical value of chi-square from Appendix E or from Excel’s function.

Calculate the chi-square test statistics at 5% level of significance.

Interpret the p-value.

Check whether the conclusion is sensitive to the level of significance chosen, identify the cells that contribute to the chi-square test statistic and check for the small expected frequencies.

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Find the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the denominator = 50. A portion of the table of critical values of the F-distribution is provided. Click the icon to view the partial table of critical values of the F-distribution. What is the critical value? (Round to two decimal places as needed.)
A retail store manager claims that the average daily sales of the store are $1,500. You aim to test whether the actual average daily sales differ significantly from this claimed value. You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers Numerical answers in the yellow cells
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Loose-leaf For Applied Statistics In Business And Economics

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