Ask Statistics and Probability Expert

1. Consider a trial where a person is charged with a crime.

The Null Hypothesis is that the defendant is not guilty.

Identify following verdicts as Type I or Type II Errors:

a) Person committed crime, b court failed to prove it and found him not guilty.

b) Court found the person guilty for the crime that he actually did not commit.

2.Imagine performing a hypothesis test if an average age of college graduates is 31 years old.

Will it be Left-Tailed, Right-Tailed or Two-Tailed test?

3. Use attached Table A-2 for Normal Distribution to find the critical z value for Right-Tailed test with significance level α = 0.15.

4. Use attached Table A-3 for t-Distribution to find the critical t value for Left-Tailed test with sample size = 21significance level α = 0.01.

5. Use attached Table A-2for Normal Distribution to find p-value for a Left-Tailed test with test statistics z = - 1.12.

6.The P-value of a hypothesis test is 0.0345.

Which of the following claims is correct?

A) Reject Ho at the 0.05 significance level but not the 0.01 significance level.
B) Reject Ho at the 0.01 significance level but not the 0.05 significance level.
C) Reject Ho at both the 0.01 significance level and the 0.05 significance level.
D) Do not reject Ho at significance level 0.01and do not reject Ho at the 0.05 significance level.

7.Testing Claim about a Proportion.

Evaluate the claim that percent of small businesses closed this year (population proportion) is greater than 26%. Sample of 500 small businesses were taken all over the country and 145 of them were closed this year.

H0 - population proportion p = 0.26
H1 - population proportion p > 0.26

Calculate z-value for test statistics

Use attached Table A-2 for Normal Distribution to find p-value.

At the significance level 0.05 make decision: reject or do not reject H0.

8. Hypothesis test of a single population mean.

Null Hypothesis Ho: μ = 500

Alternative Hypothesis H1: μ ≠500 (Two-Tailed test)

In a random sample of 64 subjects, the sample mean found to be x=490.

Population standard deviation is σ=40.

Calculate test statistics and find P-value for this test (use attached table A-2).

With significance level α = 0.1 make the decision: reject or do not reject (accept) Ho.

Show basic steps of Hypothesis Testing.

x

y

x2

y2

xy

2

18 

 

 

 

 4

 25

 

 

 

 6

 22

 

 

 

 8

 30

 

 

 

 10

 32

 

 

 

Σx=

Σy=

Σx2=

Σy2=

Σ(xy)=

9. Complete the table. Fill in all columns and calculate sums in the last row.

10.Use results from #9 and calculate Pearson Coefficient of Linear Correlation.

11.Use results from #9 and calculate slope of Linear Regression Line.

12. Use results from #9 and calculate y-intercept of Linear Regression Line.

Write an equation of Regression Line.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91670506
  • Price:- $55

Priced at Now at $55, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Introduction to epidemiology assignment -assignment should

Introduction to Epidemiology Assignment - Assignment should be typed, with adequate space left between questions. Read the following paper, and answer the questions below: Sundquist K., Qvist J. Johansson SE., Sundquist ...

Question 1 many high school students take the ap tests in

Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

Question 1below you are given the examination scores of 20

Question 1 Below you are given the examination scores of 20 students (data set also provided in accompanying MS Excel file). 52 99 92 86 84 63 72 76 95 88 92 58 65 79 80 90 75 74 56 99 a. Construct a frequency distributi ...

Question 1 assume you have noted the following prices for

Question: 1. Assume you have noted the following prices for paperback books and the number of pages that each book contains. Develop a least-squares estimated regression line. i. Compute the coefficient of determination ...

Question 1 a sample of 81 account balances of a credit

Question 1: A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. 1. Formulate the hypotheses that can be used to determine whether the mean of all acc ...

5 of females smoke cigarettes what is the probability that

5% of females smoke cigarettes. What is the probability that the proportion of smokers in a sample of 865 females would be greater than 3%

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

The time to complete 1 construction project for company a

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore: (a) What is the probability that a project will be finished in one and half years? (b) What is the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As