Exam 9: Hypothesis Tests

arrow
  • Select Tags
search iconSearch Question
  • Select Tags

A group of young businesswomen wish to open a high fashion boutique in a vacant store, but only if the average income of households in the area is more than $45,000. A random sample of nine households showed the following results. \ 48,000 \ 44,000 \ 46,000 \ 43,000 \ 47,000 \ 46,000 \ 44,000 \ 42,000 \ 45,000 Use the statistical techniques in Excel to advise the group on whether or not they should locate the boutique in this store. Use a .05 level of significance. (Assume the population is normally distributed.)

(Essay)
4.8/5
(40)

As a general guideline, the research hypothesis should be stated as the _____.

(Multiple Choice)
4.7/5
(37)

Your investment executive claims that the average yearly rate of return on the stocks she recommends is at least 10.0%. You plan on taking a sample to test her claim. The correct set of hypotheses is _____.

(Multiple Choice)
4.8/5
(26)

If a hypothesis is rejected at a 5% level of significance, it _____.

(Multiple Choice)
4.9/5
(32)

A one-tailed test is a hypothesis test in which rejection region is _____.

(Multiple Choice)
4.8/5
(38)

A p-value is the _____.

(Multiple Choice)
4.9/5
(33)

You are given the following information obtained from a random sample of five observations. 20 18 17 22 18 At a 10% level of significance, use Excel to determine whether or not the mean of the population from which this sample was taken is significantly less than 21. (Assume the population is normally distributed.)

(Essay)
4.7/5
(32)

Read the t statistic from the table of t distributions and circle the correct answer. A one-tailed test (lower tail), a sample size of 10 at a .10 level of significance; t = _____.

(Multiple Choice)
4.9/5
(36)

The level of significance in hypothesis testing is the probability of _____.

(Multiple Choice)
4.9/5
(44)

When the hypotheses H0: μ ≥ 100 and Ha: μ < 100 are being tested at a level of significance of α, the null hypothesis will be rejected if the test statistic z is _____.

(Multiple Choice)
4.9/5
(36)

Several years ago the proportion of Americans aged 18-24 who invested in the stock market was 0.20. A random sample of 25 Americans in this age group was recently taken. They were asked whether or not they invested in the stock market. The results follow: yes no no yes no no yes no no yes no no no no no no no no yes no no no yes no no At a .05 level of significance, use Excel to determine whether or not the proportion of Americans 18-24 years old that invest in the stock market has changed.

(Essay)
4.9/5
(38)

A student believes that the average grade on the final examination in statistics is at least 85. She plans on taking a sample to test her belief. The correct set of hypotheses is _____.

(Multiple Choice)
4.9/5
(39)

When the p-value is used for hypothesis testing, the null hypothesis is rejected if _____.

(Multiple Choice)
4.8/5
(33)

Read the t statistic from the table of t distributions and circle the correct answer. A one-tailed test (upper tail), a sample size of 18 at a .05 level of significance; t = _____.

(Multiple Choice)
4.8/5
(39)

More evidence against H0 is indicated by _____.

(Multiple Choice)
4.8/5
(31)

If a hypothesis test leads to the rejection of the null hypothesis, a _____.

(Multiple Choice)
4.8/5
(34)

For a sample size of 30, changing from using the standard normal distribution to using the t distribution in a hypothesis test _____.

(Multiple Choice)
4.8/5
(27)

An example of statistical inference is _____.

(Multiple Choice)
4.8/5
(44)

The rejection region for a one-tailed hypothesis test _____.

(Multiple Choice)
4.7/5
(43)

The smaller the p-value, the _____.

(Multiple Choice)
4.9/5
(37)
Showing 41 - 60 of 81
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)