1 / 8

H 0 : H 1 : α = Decision Rule: If then do not reject H 0 , otherwise reject H 0 . Test Statistic:

H 0 : H 1 : α = Decision Rule: If then do not reject H 0 , otherwise reject H 0 . Test Statistic: Decision: Conclusion: We have found ________________ evidence at the _____ level of significance that. H 0 : H 1 : α = Decision Rule: If

samuel-pitts
Download Presentation

H 0 : H 1 : α = Decision Rule: If then do not reject H 0 , otherwise reject H 0 . Test Statistic:

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. H0: H1: α = Decision Rule: If then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the _____ level of significance that

  2. H0: H1: α = Decision Rule: If then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the _____ level of significance that .03 .03

  3. H0: H1: α = .03 Decision Rule: If then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the .03   level of significance that the percentage of account balances exceeding $100,000 exceeds five percent. p= .05 p> .05

  4. Jaggia and Kelly (1stedition) Critical Value(s) Table 1 Group Flowchart * means coverage is different from text. yes Wald-Wolfowitz One-Sample Runs Test for Randomness pp. 634-638 Z using σ pp. 277-284 yes Z-table 2 1 Normal population ? yes no n > 30 ? Wilcoxon Signed-Ranks *pp. 610-614 (assumes population is symmetric) no WSR Table 3 no at least interval  known ? no Normal population ? no n > 30 ? mean or median level of data ? yes t with df = n-1 pp. 288-294 t-table 4 yes ordinal Sign Test *pp. 631-634 Sign Table 5 Z pp. 294-298 yes Z-table 6 np> 5 and n(1-p) > 5 ? proportion Parameter ? no Binomial Table Binomial/ Hypergeometric variance or standard deviation yes chi-square (df = n-1) pp. 336-344 Chi-square Table 7 Normal population ? no ? Default case

  5. H0: H1: α = .03 Decision Rule: If then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the .03   level of significance that the percentage of account balances exceeding $100,000 exceeds five percent. p= .05 p> .05

  6. .4700 H0: H1: α = .03 Decision Rule: If then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the .03   level of significance that the percentage of account balances exceeding $100,000 exceeds five percent. p= .05 p> .05 Do not reject H0 Reject H0 .03 0 Z = 1.88

  7. .4700 H0: H1: α = .03 Decision Rule: If Zcomputed < 1.88 then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the .03   level of significance that the percentage of account balances exceeding $100,000 exceeds five percent. p= .05 p> .05 Do not reject H0 Reject H0 .03 0 Z = 1.88

  8. .4700 H0: H1: α = .03 Decision Rule: If Zcomputed < 1.88 then do not reject H0, otherwise reject H0. Test Statistic: Decision: Conclusion: We have found ________________ evidence at the .03   level of significance that the percentage of account balances exceeding $100,000 exceeds five percent. p= .05 p> .05 Do not reject H0 Reject H0 Do not reject H0 .03 0 Z = 1.88 Do not reject H0. insufficient

More Related