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STATISTICAL PROBLEMS
Statistical Problems
Statistical Problems
Chapter 9
Problem 9.3
Solution:
I used the normsinv function in Excel. I used p = 0.05 because we want the cutoff for the bottom and top 5%.
=NORMSINV(0.05) =
Therefore we reject H0 if z < -1.645 or z > 1.645
Problem 9.13
a.
Null Hypothesis
H0: mu = 14.6
Alternative Hypothesis
HA: mu ? 14.6
b.
Saying that the mean is statistically different from 14.6 when it's actually the same.
c.
Saying that the mean is no different from 14.6 when it's actually different.
Problem 9.15
Null Hypothesis
H0: mu = 375
Alternative Hypothesis
HA: mu ? 375
Problem 9.23
a.
Null Hypothesis
H0: mu = 8.17
Alternative Hypothesis
HA: mu ? 8.17
First I calculated the ...
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