P-values can also be found with test statistics, which is a Z- score measuring the distance...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
P-values can also be found with test statistics, which is a Z- score measuring the distance between the null value and point estimate. • Given the test statistic = Z, the two-sided p-value = normalcdf(lower = |Z|, upper = 999, μ = 0, o = 1) x2, where |Z| is the absolute value of the test statistic (drop the negative sign). Compute the two-sided p-value given that a) test statistic = - 2.51 Calculator value = -1.55 b) test statistic = 0.86 Calculator value = X Test statistics are Z scores measuring the distance between a null value and point estimate. In general, the test statistic Z = (point estimate - null value)/standard error. Compute the test statistic and two-sided p-value given that a) point estimate = 0.61, null value = 0.7, standard error = 0.0437 The test statistic = The p-value= The p-value < .001 b) point estimate = 0.28, null value = 0.2, standard error = 0.0214 The test statistic = The p-value = The p-value < .001 P-values can also be found with test statistics, which is a Z- score measuring the distance between the null value and point estimate. • Given the test statistic = Z, the two-sided p-value = normalcdf(lower = |Z|, upper = 999, μ = 0, o = 1) x2, where |Z| is the absolute value of the test statistic (drop the negative sign). Compute the two-sided p-value given that a) test statistic = - 2.51 Calculator value = -1.55 b) test statistic = 0.86 Calculator value = X Test statistics are Z scores measuring the distance between a null value and point estimate. In general, the test statistic Z = (point estimate - null value)/standard error. Compute the test statistic and two-sided p-value given that a) point estimate = 0.61, null value = 0.7, standard error = 0.0437 The test statistic = The p-value= The p-value < .001 b) point estimate = 0.28, null value = 0.2, standard error = 0.0214 The test statistic = The p-value = The p-value < .001
Expert Answer:
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date:
Students also viewed these mathematics questions
-
The y intercept value can also be found by using the equation = - b Verify this result by using the data in Exercises 15 and 16 of Sections 101 and 102. Exercise 15: The director of an alumni...
-
Compute the Z score for Giant Motors Corporation (GMC) given the following information for year-end 2012: At what share price would GMC have a Z score equal to 3.00? How does the future look for GMC?...
-
Compute the Z score for Win-Mart, given the following information for year-end 2012: What proportion (measured as a percentage) of the Z score is composed of 0.60(X4)? What proportion (measured as a...
-
What are the uses of performance appraisal?
-
Given the equation 0.5x1 x2 = 9.5 1.02x1 2x2 = 18.8 (a) Solve graphically. (b) Compute the determinant. (c) On the basis of (a) and (b), what would you expect regarding the systems condition? (d)...
-
Queen Energy Inc. issued bonds on January 1, 2023, that pay interest semiannually on June 30 and December 31. The par value of the bonds is $270,000, the annual contract rate is 10%, and the bonds...
-
Kelley (1992, 1998) outlined types of followers as: A. Sheep, or yes, people. B. Alienated followers. C. Effective, or exemplary, followers. D. All of the above.
-
Rob Judson Company had the following transactions involving notes payable. July 1, 2010 Borrows $50,000 from Third National Bank by signing a 9-month, 12% note. Nov. 1, 2010 Borrows $60,000 from...
-
Provide real - life examples or scenarios where masculinity might influence interpersonal interactions or business communications in jamaica and italy
-
Read the case XYZ Company: An Integrated Capital Budgeting Instructional Case and answer the following question: Should the replacement asset be purchased? That is, does it make economic (financial)...
-
A 3-yr T-note with a face value of $1000 and a coupon rate of 3.25% p.a. is trading at par. If you hold the above T-note for 2 months and then sell it at a yield of 5% p.a., the dirty price is? and...
-
discuss the role of fault tree analysis (FTA) and event tree analysis (ETA) in identifying and evaluating potential points of failure in complex engineering systems, and how these tools contribute to...
-
How many dollars from your second monthly payment on your house mortgage of $162,000 at 4.35 percent for 20 years are applied to scheduled principal repayment?
-
For the function f(x)=2x-3, determine whether f(x) is one-to-one. If so, write an equation for the inverse function in the form y=f(x). Write an equation for the inverse function in the form y=f(x)....
-
Consider a 3-year bond with 13 percent semi-annual couponpayments and currently priced to yield 12 per cent per annum. Calculate duration of the bond. What is the percentage of price change if...
-
Blackhawk just paid a dividend of $2.56 and is expected to increase the future dividends at a rate of 5% per year indefinitely.If you as a shareholder require 15% per year what is the current price...
-
The following transactions were selected from among those completed by Bennett Retailers in November and December: November 20 November 25 November 28 November 29 December 6 December 20 Required:...
-
Does log 81 (2401) = log 3 (7)? Verify the claim algebraically.
-
Use the information given in Problem 2 of Chapter 8, as well as the computer output given here, to answer the following questions about the data from that problem. a. Conduct overall regression F...
-
In Problem 1, separate straight-line regressions of SBP on QUET were compared for smokers (SMK = 1) and nonsmokers (SMK = 0). a. Define a single multiple regression model that uses the data for both...
-
a. Determine the sample correlation coefficients of (1) age with dry weight and (2) age with log10 dry weight. Interpret your results. b. Using Fisher's Z transformation, obtain a 95% confidence...
-
Aztar Corporation is an operator of casinos and hotels. The companys flagship properties are the Tropicana Hotel & Casino located in Las Vegas, Nevada, and in Atlantic City, New Jersey. In early...
-
In early 2006, Henry Silverman, chairman and CEO of Cendant Corporation, announced that the companys board of directors had approved the de-merger of Cendant into four operating companiesAvis Budget...
-
On November 9, 2011, Dean Foods a Dallas Texas-based food and beverage company, announced that it would write off \($1.6\) billion, net of tax, in goodwill associated with its Fresh Dairy Direct...
Study smarter with the SolutionInn App