To state the four steps of hypothesis testing.

Question

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Answer 1

Question

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

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Answer 2

Question

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

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Answer 3

Question

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

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Answer 4

Question

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

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Answer 5

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

Answer 6

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.

Answer 7

Chapter 7, Problem 1FP

To determine

To state the four steps of hypothesis testing.

Answer 8

Expert Solution & Answer

Explanation of Solution

For the hypothesis testing, the four steps that should be followed are that first we have to specify the null hypothesis and alternative hypothesis from the given claim in the question. Secondly, we have to set the criteria for a decision and the set the significance level for the testing of null and alternative hypothesis, which is by default the 5% significance level. Thirdly, we have to calculate the test statistics and the corresponding P-value from the sample given or from the mean, standard deviation and sample size. And finally, by the calculated test statistics and the P-value we have to draw the conclusion of the testing whether we have the sufficient evidence or not to reject the null hypothesis. Then the result of the testing can be drawn.