Question
In: Statistics and Probability
If someone keeps everything else in their data the same but decides to use an alpha...
If someone keeps everything else in their data the same but decides to use an alpha of .10 instead of .05 explain exactly if/how each the following would change (i.e., increase/decrease/stay the same) and briefly explain why for each [10 line maximum]
: • critical rejection region
• chance of making a Type I error
• change of make a Type II error
• the width of a confidence interval
• the effect size
Solutions
Expert Solution
(1)
Correct option:
increase
Explanation:
By increasing Significance Level = 
from 0.05 to 0.10, the critical rejection region will increase
(2)
Correct option:
increase
Explanation:
By increasing Significance Level =
from 0.05 to 0.10, the chance of making a Type I error will
increase
(3)
Correct option:
decrease
Explanation:
By increasing Significance Level =
from 0.05 to 0.10, the chance of making a Type II error will
decrease
(4)
Correct option:
decrease
Explanation:
By increasing Significance Level =
from 0.05 to 0.10, the width of a confidence interval will
decrease
(5)
Correct option:
stay the same
Explanation:
By increasing Significance Level =
from 0.05 to 0.10, the effect size will not change.
orchestra answered 2 years agoRelated Solutions
Everything else being the same, what is the effect of an increase in interest rates on...
Everything else being the same, what is the effect of
an increase in interest rates on the price level? Discuss the
process of adjustment to the new equilibrium.
If the number of discouraged searchers increases, everything else remaining the same, then the Answers: employment...
If the number of discouraged searchers increases, everything
else remaining the same, then the
Answers:
employment rate decreases.
unemployment rate increases.
labour force participation rate decreases.
labour force participation rate increases.
employment rate increases.
1. If fixed costs increased and everything else the same , the contribution margin would increase...
1.
If fixed costs increased and everything else the same , the
contribution margin would
increase
cannot tell
remain the same
decrease
2.
Part of the cost is variable and part is fixed
variable cost
mixed cost
fixed cost
constant cost
3.
What would cause the break-even point to increase?
variable costs go up
variable costs go down
Fixed price go down
contribution margin goes up
4.
Which would you find on an absorption costing income
statement?
Contribution margin
fixed...
Assume that OfficeMart places orders more frequently, but everything else remains the same. On your worksheet...
Assume that OfficeMart places orders more frequently, but
everything else remains the same. On your worksheet increase the
number of orders from 4 to 16. (Prior to completing this
requirement, change all worksheet figures back to their original
amounts.)
A
B
C
D
E
F
1
Chapter 7: Applying
Excel
2
3
Data
4
Manufacturing overhead
$500,000
5
Selling and administrative
overhead
$300,000
6
7
Assembling Units
Processing Orders
Supporting Customers
Other
8
Manufacturing overhead
50%
35%
5%
10%...
2. Assume that OfficeMart places orders more frequently, but everything else remains the same. On your...
2. Assume that OfficeMart places orders more frequently, but
everything else remains the same. On your worksheet increase the
number of orders from 4 to 11. (Prior to completing this
requirement, change all worksheet figures back to their original
amounts.)
A
B
C
D
E
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Chapter 5: Applying Excel
Data
Manufacturing overhead
$500,000
Selling and administrative
overhead
$300,000
Assembling Units
Processing...
Assume that OfficeMart places orders more frequently, but everything else remains the same. On your worksheet...
Assume that OfficeMart places orders more frequently, but
everything else remains the same. On your worksheet increase the
number of orders from 4 to 8. (Prior to completing this
requirement, change all worksheet figures back to their original
amounts.)
A
B
C
D
E
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Chapter :
Applying Excel
Data
Manufacturing overhead
$500,000
Selling
and administrative overhead
$300,000
Assembling Units
Processing Orders...
Use a money supply and demand diagram to answer the following problem: Everything else being the...
Use a money supply and demand diagram to answer the following
problem: Everything else being the same, what is the effect of an
increase in interest rates on the price level? Discuss the process
of adjustment to the new equilibrium.
The geographical principle of nearness states that everything is related to everything else but near things...
The geographical principle of nearness states
that everything is related to everything else but near things are
more related than distant things. In your own lives and experience,
does this principle seem accurate? What other geographical concepts
can you use to support or challenge the principle of nearness, and
to describe your own social, economic, political, etc., connections
and interactions?
The geographical principle of nearness states that everything is related to everything else but near things...
The geographical principle of nearness states
that everything is related to everything else but near things are
more related than distant things. In your own lives and experience,
does this principle seem accurate? What other geographical concepts
can you use to support or challenge the principle of nearness, and
to describe your own social, economic, political, etc., connections
and interactions?
write 200 words.
1) what's the probability that someone else has the same birthday as you (assuming neither has...
1) what's the probability that someone else has the
same birthday as you (assuming neither has a birthday in a leap
year).
2) what's the probability that someone in a room of 20
people that one them has the same birthday as you (also assuming
neither has a birthday in a leap year).
3) what's the probability that someone in a room of 20
people that there will be 3 people that have the same birthday
(assuming none have a...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- write an implementation of the ADT stack that uses a resizeable array to represent the stack...
- Problem) Fraud Scheme - Purchasing Agent: A purchasing agent for a large hardware retailer has sole...
- Ivanhoe Corporation has collected the following information after its first year of sales. Sales were $1,600,000...
- There are two major approaches to corporate valuation: a) using comparable firms (via multiples, i.e. ratios)...
- A 4-year annuity of eight $9,800 semiannual payments will begin 7 years from now, with the...
- Consider the following relation schema about project meetings: PMG(projID, title, type, manager, jobID, start-date, end-date, contractor,...
- Question 3 a) A coil consist of 2000 turns of copper wire having a cross sectional...
ADVERTISEMENT