Exam 8: Inferences Based on a Single

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Type I errors and Type II errors are complementary events so that α=P\alpha = P (Type I error) == 1P1 - P (Type II error )=1β) = 1 - \beta .

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Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties. HYPOTHESIS: MEAN X=xX = x  Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties. HYPOTHESIS: MEAN  X = x     SD. ERROR  = 3308.43  Suppose we are interested in testing whether the mean land value from this neighborhood differs from 42,782 . Which hypotheses would you test? SD. ERROR =3308.43= 3308.43 Suppose we are interested in testing whether the mean land value from this neighborhood differs from 42,782 . Which hypotheses would you test?

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Consider a test of H0:μ=80\mathrm { H } _ { 0 } : \mu = 80 performed with the computer. SPSS reports a two-tailed p-value of 0.00700.0070 . Make the appropriate conclusion for the given situation: Ha:μ80,z=2.7,α=0.01\mathrm { H } _ { \mathrm { a } } : \mu \neq 80 , z = 2.7 , \alpha = 0.01

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A large university is interested in learning about the average time it takes students to drive to campus. The university sampled 51 students and asked each to provide the amount of time they spent traveling to campus. The sample results found that the sample mean was 23.24323.243 minutes and the sample standard deviation was 20.4020.40 minutes. It is desired to determine if the population standard deviation exceeds 20 minutes. Calculate the test statistic for this test of hypothesis.

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