Scribd
Upload
541 views

Assignment 01

The document contains 3 statistical problems involving hypothesis testing and confidence intervals. Problem 1 involves testing whether a company's claim of increased average weekly earnings is valid based on a sample of workers. Problem 2 tests whether the predicted average score on a test matches the actual average, using a 90% confidence interval. Problem 3 asks about implications for confidence intervals when a null hypothesis is not rejected.

Uploaded by

Ahnaf Tahmed Faiz
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
541 views

Assignment 01

The document contains 3 statistical problems involving hypothesis testing and confidence intervals. Problem 1 involves testing whether a company's claim of increased average weekly earnings is valid based on a sample of workers. Problem 2 tests whether the predicted average score on a test matches the actual average, using a 90% confidence interval. Problem 3 asks about implications for confidence intervals when a null hypothesis is not rejected.

Uploaded by

Ahnaf Tahmed Faiz
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 1

School of Business North South University Course: BUS173 Assignment #01 Date of submission: 19 February 2013 by 12 pm.

Problem 1: The weekly salary of all customer service workers of a company has had mean of $400 with standard deviation $48.6. In contract negotiation, the company claims that a new incentive scheme has increased the average weekly earnings for all workers. A union representation takes a random sample of 15 workers and finds that their weekly earning have an average of $381.35. (a) Test the company claims at 5% level of significance (b) Find 90% CI for the population mean of weekly salary. Based on CI, would you able to have same conclusion that obtained in (a)? Problem 2: A statistics instructor is interested in the ability of students to assess the difficulty of a test they have taken. The test was taken by a large group of students and the average score was 78.5. A random sample of eight students was asked to predict this average score. Their predictions were: 72 83 78 65 69 77 81 71 (a) Test the null hypothesis that the population mean prediction would be 78.5. Use two sided alternative and 10% significance level (b) State the necessary assumptions (c) Find 90% CI for the population mean and conclude based on CI whether the null hypothesis stated in (a) is rejected or not. Is this conclusion similar to what you had in (a)?. Problem 3: On the basis of a random sample, the null hypothesis Ho: = 0 tested against the alternative H 1 : > 0 and the null hypothesis is not rejected at 5% level of significance. . (a) Does this necessarily imply that o is contained in the 95% CI for , if the (b) Does this necessarily imply that o is contained in the 90% CI for observed sample mean is bigger than o.

You might also like