a) Describe what a type I error would mean in the context of this problem b) Describe
Question:
a) Describe what a type I error would mean in the context of this problem
b) Describe what a type II error would mean in the context of this problem
c) Carry out a hypothesis test using level of significance ?? = ??. ????, find it only using the following steps in order of 1) Null Hypothesis 2) Alternative Hypothesis 3) Compute test statistic value 4) Rejection Region 5) Decision 6) Conclusion 7) Risk of what type of error
d) Would your conclusion be different if ?? = ??. ?? had been used? Write your conclusion in this case
e) Construct a 95% confidence interval for the population mean of hybrid gas mileage
f) Construct a 95% confidence interval for the population variance of hybrid gas mileage
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed