Complete Business Statistics by Aczel, Amir D, Sounderpandian, Jayavel, By Amir Aczel Complete Business Statistics 8/E with CD by Amir Aczel [Hardcover. Complete Business Statistics. Front Cover. Amir D. Aczel, Jayavel Sounderpandian. McGraw-Hill/Irwin, – Commercial statistics – pages. Aczel-Sounderpandian: Complete Business Statistics Abridged. Part 1: Principles of Economics. Front Cover. McGraw-Hill, – pages.
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When the p-value is smaller than 0. The Null Hypothesis, H 0. The population need not be normal Testing Population Means. The power depends on the population standard deviation: Thus, when we reject a null hypothesis, we have a high level of confidence in our decision, since we know there is a small probability that we have made an error.
A random sample of packages of the food product is collected, and it is found that the average net weight in the sample is Chapter 12 Tests of Hypotheses Means Using the Template with the Normal Distribution. Factors Affecting the Power Function. Similar analysis can be done when testing a population proportion.
For example H 0: When the p-value is between 0. Given these findings, is there evidence the manufacturer is underfilling the packages? To make this website work, we log user data and share it with processors.
Aczel-Sounderpandian: Complete Business Statistics Abridged. Part 1 – Google Books
Complete Business Statistics – Amir D. Aczel, Jayavel Sounderpandian – Google Books
Errors in Hypothesis Testing. About project SlidePlayer Terms of Service. The power depends on the level of significance of the test: Published by Terence Hopkins Modified over 3 years ago. Tests of hypotheses about population variances. Is maintained, or held to be true, until a test leads to its rejection in favor of the alternative hypothesis. We will see the three different types of hypothesis tests, namely Tests of hypotheses about population means.
When the p-value is greater than 0. Do not reject H 0 if the sample mean falls within the nonrejection region between the critical points. This is the assertion we hold to be true until we have sufficient statistical evidence to conclude otherwise. A random sample of 21 floodlight elements is chosen and shows that the sample average is To check compliance with this rule, the EPA collects a random sample of readings at different times and dates within the two-mile range around the plant.
The relationship between the population mean and the power of the test is called the power function. It is tossed 25 times and only 8 Heads are observed.
Set the null and alternative hypotheses: More detailed discussions about the p-value will be given later in the chapter when examples on hypothesis tests are presented. Exhaustive —Together they cover all possibilities, so one or the other must be true. Conversely, H 0 will not be rejected whenever x-bar is greater than x-bar crit.
Often represents the status quo situation or an existing belief. Do not reject H 0 if: Suppose that the upper allowable limit on the emission of vinyl chloride is set statistiics an average of 55 ppm within a range of two miles around the plant emitting this chemical.
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Tests of hypotheses about population proportions. A random sample of 40 bottles coming out of the machine was selected and the exact content adn the selected bottles are recorded.
For testing hypotheses about population variances, the test statistic chi-square is: Is there evidence to conclude that the plant in question is violating the law?
7-1 COMPLETE BUSINESS STATISTICS by AMIR D. ACZEL & JAYAVEL SOUNDERPANDIAN 6 th edition (SIE)
You can use the different anf that come with the text to investigate these concepts. Registration Forgot your password? The population standard deviation is known from past experience to be 1. The p-value is the probability of obtaining a value of the test statistic as extreme as, or more extreme than, the actual value obtained, when the null hypothesis is true.
Compute the p-value for this test.
The value of the test statistic is used in determining whether or not we may reject the null hypothesis. Suppose that you want to carry out a hypothesis test of this claim.