Question-6) Discuss, if there is any relationship between "point
estimate", "the standart deviation", "the hypothesis testing" and
explain on your own example.
Discuss, if there is any relationship between "point estimate",
"the standard deviation", "the hypothesis testing" and explain with
your own words and explain with your own example.
Please describe a point estimate, standard deviation, and
hypothesis testing. And if there is any relationship between "point
estimate", "the standard deviation", "the hypothesis testing",
explain on your own example. (Please it must be in the form of an
essay and at least two pages) Thank you so much
You are testing the null hypothesis that there is no linear
relationship between two variables, X and Y. From your sample of n
equals 18, you determine that b1=4.2 and S Subscript b 1=1.1.
a. What is the value of t Subscript STAT?
b. At the alpha=0.05 level of significance, what are the
critical values?
c. Based on your answers to (a) and (b), what statistical
decision should you make?
d. Construct a 95% confidence interval estimate of the
population...
You are testing the null hypothesis that there is no linear
relationship between two variables, X and Y. From your sample of n
=18, you determine that b1=4.2 and Sb1equals=1.2
a. What is the value of tSTAT?
b. At the alphaα=0.05 level of significance, what are the
critical values?
c. Based on your answers to (a) and (b), what statistical
decision should you make?
d. Construct a 95% confidence interval estimate of the
population slope, betaβ1.
You are testing the null hypothesis that there is no linear
relationship between two variables, X and Y. From your sample of
n=18, you determine that b1=4.4 and Sb1=1.3
a. What is the value of t stat?
b. At the a=0.05 level of significance, what are the critical
values?
c. Based on your answers to (a) and (b), what statistical
decision should you make?
d. Construct a 95% confidence interval estimate of the
population slope,β1.
What is the purpose of hypothesis testing? Do you see any relevance
to hypothesis testing in your daily life? This could be school
life, personal life, or work life. Start with work life and give us
a description of 2-3 scenarios where hypothesis testing may be
beneficial.
I am in direct sales - I run my own activewear clothing
boutique. I am a full time student, a mother of 3 boys under 7 yo
and military vet/wife.
What is the purpose of hypothesis testing? Do you see any
relevance to hypothesis testing in your daily life? This could be
school life, personal life, or work life. Start with work life and
give us a description of 2–3 scenarios where hypothesis testing may
be beneficial for decision-making.
Find an example of application of Hypothesis testing that you
can relate to (any example would be OK using Z test you can consult
HW Batch No. 4 or textbook). Show all five steps of Hypothesis
testing with numerical example (you can use fictitious numbers if
you have to). And find the P-Value and re-affirm Step 4 with
P-Value.