Question

In: Statistics and Probability

Choose either True/False on each statement. a) The larger p-value, the greater the evidence against H0.   ...

Choose either True/False on each statement.

a) The larger p-value, the greater the evidence against H0.                            [ Select ]                       ["False", "True"]      

b) Statistical significance is not the same as practical significance. False

c) If a 95% CI misses the parameter in H0, then a two-tailed test should reject H0 at α=5%α=5%.                            [ Select ]                       ["True", "False"]      

d) For a significant level α=5%α=5% and the p-value = 1.74×10−61.74×10−6. We have a very strong evidence in favor of Ha.                            [ Select ]                       ["True", "False"]      

e) The larger sample sizes make it easier to get significant result.                            [ Select ]                       ["False", "True"]      

Solutions

Expert Solution

a) We reject the null hypothesis when p-value < level of significance, and we fail to reject it when p-value > level of significance. Therefore smaller the p-value, greater the evidence to reject the null hypothesis. Larger the p-value, smaller the evdence against H0. Therefore the given statementis False here.

b) Statistical significance may not be equal to the practical significance because the practical significance depends on the specific study we do. Therefore yes statistical significance is not the same as practical significance. Therefore the given statement is True here.

c) For 95% confidence level, the level of significance is 1 - c = 1 - 0.95 = 5%. Therefore we reject the null hypothesis H0 at 5% level of significance. Therefore the given statement is True here.

d) As the p-value here is 1.74 x 10-6 therefore it is less than 0.05 which is the level of significance here. This means that the test is significance and we can reject the null hypothesis here. This gives sufficient evidence for evidence in favor of the alternative hypothesis. Therefore the given statement is True here.

e) A large sample size increases the test statistic value which decreases the p-value obtained and hence makes the testing easier to give significance result. Therefore the given statement is True here.


Related Solutions

Identify each statement as either true or false.
Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals.The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks...
(T/F) 1-8 1. The larger the P-value of a hypothesis test, the stronger the evidence against...
(T/F) 1-8 1. The larger the P-value of a hypothesis test, the stronger the evidence against the null hypothesis. 2. In an ANOVA test comparing several population means, if the alternative hypothesis is true, the F statistic tends to be close to zero. 3. If the two variables in a two-way table are associated, the conditional distributions in the table are similar to each other. 4. In a multiple regression model, if the P-value associated with the F test is...
Choose true or false for each statement regarding the resistance of a wire. true false  While maintaining...
Choose true or false for each statement regarding the resistance of a wire. true false  While maintaining a constant voltage V, the current I increases when the length L of a wire increases. true false  The resistance is proportional to the cross-sectional area A of the wire. true false  While maintaining a constant voltage V, the current I decreases when the resistivity ρ of a wire decreases. Choose true or false for each statement regarding resistors in a circuit. true false  If you connect...
Choose true or false for each statement regarding concave mirrors. true false  If an object is placed...
Choose true or false for each statement regarding concave mirrors. true false  If an object is placed 4.1 cm from a concave mirror with f = 4 cm, then its image will be enlarged and real. true false  A concave mirror produces an enlarged real image when the object is placed just beyond its focal point (Region 2). true false  If an object is placed 7.9 cm from a concave mirror with f = 4 cm, then its image will be enlarged and...
Choose true or false for each statement regarding a parallel plate capacitor.. true false  The electric field...
Choose true or false for each statement regarding a parallel plate capacitor.. true false  The electric field is dependent on the charge density on the plates. true false  The voltage of a disconnected charged capacitor increases when the plate area is increased. true false  The voltage of a connected charged capacitor decreases when the plates are brought closer together. Tries 0/2 Choose true or false for each statement regarding capacitors in a circuit. true false  If you connect two different capacitors in series in...
Choose true or false for each statement regarding concave mirrors. true false  A concave mirror produces an...
Choose true or false for each statement regarding concave mirrors. true false  A concave mirror produces an enlarged real image when the object is placed far beyond its focal point (Region 1). true false  If an object is placed 4.1 cm from a concave mirror with f = 4 cm, then its image will be reduced and virtual. true false  If an object is placed 7.9 cm from a concave mirror with f = 4 cm, then its image will be enlarged and...
In a set of hypotheses the smaller p value a. the stronger the evidence is against...
In a set of hypotheses the smaller p value a. the stronger the evidence is against the possibility that the observed results arose simply by chance b. the larger the level of significance is c. the greater the practical importance of the result is d. the wider the 95% confidence interval will be e. the larger the z value will be A national interest rate on houses for 25 years is 4.3% a banker in a large northwestern city believes...
Determine if the following statements are true/false If the statement is false, either correct it or...
Determine if the following statements are true/false If the statement is false, either correct it or briefly explain why it is false. ________ The correlation coefficient indicates the change in y associated with a unit change in x. ________To conduct a valid regression analysis, both x and y must be approximately normally distributed. ________ All data points will fit the regression line exactly if the sample correlation is either +1 or −1. _________ If r > 0, then as x...
Cicle true or false for each of the following statements: a) The p-value tells us the...
Cicle true or false for each of the following statements: a) The p-value tells us the probability the null hypothesis is true. b) The sample mean of a random sample is not necessarily equal to the mean of the population. c) Confidence Interval percentages tell us the probability that the population parameter we are solving for is within the limits of the calculated confidence interval. d) If you gathered a sample and calculated the mean and standard deviation, all of...
Question 2 [10] TRUE/FALSE QUESTIONS Consider the following list of statements. Each statement is either true...
Question 2 [10] TRUE/FALSE QUESTIONS Consider the following list of statements. Each statement is either true or false. You must read each statement carefully and then select the option that you believe is correct as your answer. Write down only the question number and next to the number either “True” or “False”. 2.1. The level or rate of unemployment is a stock concept, that is, it is measured at a particular date. 2.2. The consumer price index (CPI) is an...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT