Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

In a hypothesis test, two mutually exclusive hypotheses are specified, the Null Hypothesis and the Alternative Hypothesis. 

When rigorous scientific experiments are performed, there is the control section where the status quo is maintained (e.g. via a pacebo) and the experimental section where a change occurs.

In inferential statistics, the status quo condition is represented by the Null Hypothesis and the changed condition is represented by the Alternative Hypothesis.

When you consider various case studies and  problems requiring hypothesis testing,  it is useful to identify the specific relations associated with each hypothesis.

Any comments or thoughts?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92774801
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

I define the parameter of interest in the context of the

(i) Define the parameter of interest in the context of the problem (ii) State the alternative hypothesis. (iii) State the distribution used to calculate the P-value (not the formula, but the distribution, eg. t distribut ...

Using a telephone survey of 400 randomly selected

Using a telephone survey of 400 randomly selected registered voters, he solicits both their party identification and whether or not they had read the newspaper that day. The results are displayed in the following cross-t ...

1 the r-squared of a linear regression model is equal to

1) The R-squared of a linear regression model is equal to the proportion of the variance of the target explained by a linear regression model. 2). The R-squared of a linear regression model is equal to the proportion of ...

Please help me find out how to calculate stock pricewhat is

Please help me find out how to calculate stock price. "What is the price of Company A's stock.We know company A pay dividend twice a year. And its beta=1.5 Government bond's Coupon is 8.8 and Yield is 5%(which one you sh ...

A random sample of 40 hotel reviews is drawn from a large

A random sample of 40 hotel reviews is drawn from a large population of hotel customers. It's known that 30% of the population left the hotel 1 star, 20% left 2 stars, 20% left 3 stars, and 30% left 4 stars. Give the hot ...

After 5 years at her company katy just got promoted and

After 5 years at her company, Katy just got promoted and decided to buy a new house worth $230,000. She can pay 10% up front for the down payment, then apply for a 30-year mortgage, 6.6% annual rate for the remaining bal ...

A teacher started class one day by drawing the names of 10

A teacher started class one day by drawing the names of 10 students out of a hat and asked them to accomplish as much pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standar ...

The average or par score for an 18 hole golf course is

The average, or "par" score for an 18 hole golf course is 72. The score is computed by counting the number of swings, or "strokes" a player must make with their club to hit the ball into each of the 18 holes on the golf ...

What is an important benchmark for any kind of business and

What is an important benchmark for any kind of business and for business how would you use break even in making business decisions?

Using chebysheffs theorm you have concluded that at least

Using Chebysheff's theorm, you have concluded that at least 77.66% of the 3,075 runners took between 60.5 and 87.5 minutes to complete the 10km race. What was the standard deviation of these 3,075 runners?

  • 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