Mark ‘TRUE’ or ‘FALSE’ for each of the following.
The test statistic & the critical value are the same thing.
Mark ‘TRUE’ or ‘FALSE’ for each of the following.
The test statistic & the critical value are the same thing.
Mark ‘TRUE’ or ‘FALSE’ for each of the following.
The critical value is the boundary of the rejection region.
Mark ‘TRUE’ or ‘FALSE’ for each of the following.
You should always reject if the test statistic is greater than the critical value.
Use to find the critical value(s), then determine if the given test statistic is in the rejection region.
Test is [ LEFT | TWO | RIGHT ] -tailed
Critical Value(s):
Test stat [ IN | NOT IN ] rejection region.
Use to find the critical value(s), then determine if the given test statistic is in the rejection region.
Test is [ LEFT | TWO | RIGHT ] -tailed
Critical Value(s):
Test stat [ IN | NOT IN ] rejection region.
Use to find the critical value(s), then determine if the given test statistic is in the rejection region.
;
Test is [ LEFT | TWO | RIGHT ] -tailed
Critical Value(s):
Test stat [ IN | NOT IN ] rejection region.
Use to find the critical value(s), then determine if the given test statistic is in the rejection region.
Test is [ LEFT | TWO | RIGHT ] -tailed
Critical Value(s):
Test stat [ IN | NOT IN ] rejection region.
A coffee shop owner believes the shop’s average daily sales are \$1,200, with a known population standard deviation of \$50. A manager claims it’s higher because of their new initiatives & collects a sample of 25 days and finds an average daily sales of \$1,230.
Use & the critical value method to test if the true mean daily sales are higher than \$1200.
_____ ______ ______ ______ ______
Because test stat. is [ INSIDE | OUTSIDE ] rejection region, we [ REJECT | FAIL TO REJECT ] . There is [ ENOUGH | NOT ENOUGH ] evidence to conclude that…
A coffee shop owner believes the shop’s average daily sales are \$1,200, with a known population standard deviation of \$50. A manager claims it’s higher because of their new initiatives & collects a sample of 25 days and finds an average daily sales of \$1,230.
The owner’s policy is to reward store managers with a yearly bonus for increased sales. Should the owner give this manager with the bonus?