In: Statistics and Probability
1)
Answer:
Critical values = -1.9026, 1.9026
t statistic = 2
Explanation: Since the population standard deviation is known, the t distribution is used to test the hypothesis.
The critical value for the t statistic is obtained in excel using the function =T.INV.2T(0.06,99) for significance level = 0.06, degree of freedom = n-1=100-1=99 and for a two-tailed test.
The t statistic is obtained using the following formula,
2)
Answer:
Critical values = 1.5683
t statistic = 2
Explanation:
This is a right-tailed test.
The critical value for the t statistic is obtained in excel using the function =T.INV(0.94,99) for significance level = 0.06, degree of freedom = n-1=100-1=99 and for a one-tailed test.
The t statistic is obtained using the following formula,
3)
Answer:
Explanation:
The lower bound for the 95% CI is obtained using the following formula,
The critical value for the t statistic is obtained in excel using the function =T.INV(0.025,99) for significance level = 0.06, degree of freedom = n-1=100-1=99
4)
Answer:
Explanation:
The lower bound for the 90% CI of the proportion of out of State students is obtained using the following formula,
The critical value for the z statistic is obtained in excel using the function =NORM.S.INV(0.025,99) for significance level = 0.06, degree of freedom = n-1=100-1=99
sample size, n = 100