In Hypothesis Testing, How do we decide whether it is one tail test or two tail test?

Fantastic news! We've Found the answer you've been seeking!

Question:

In Hypothesis Testing, How do we decide whether it is one tail test or two tail test? (apart from looking at keywords like increasing, decreasing or consistent)

Posted Date: Oct 16, 2021 07:54 AM

See More Questions

How do we decide whether to capitalize (record as an asset) or expense a particular cost?
How do we decide whether to use a z test or a t test when testing a hypothesis about a population mean?
How do we decide when to harvest an asset?
You are developing an industrial building with a gross building area of 150,000 sf. The building efficiency ratio is 75%. The market gross rent is $25 psf. The vacancy rate is 5%; the cap rate is 5%;...
Overlay a BCG Matrix with a Grand Strategy Matrix and discuss similarities in terms of format and implications.
Based on the PLC, what challenges does Samsung face in managing its high-tech products? In the world of consumer electronics, copycat brands are a dime a dozen. These are the brands consumers turn to...
Choose one of the companies you regularly patronize (e.g., Facebook, the Gap, etc.). Using information contained on the company website along with news sources, assess the extent to which the company...
Is it possible for HP to function like a smaller company? Why or why not? Imagine this scenario: You need a new digital camera. Youre not sure which one to buy or even what features you need. So you...
(a) The Treasury desk of a global bank incorporated in UK wants to invest GBP 200 million on 1st January, 2019 for a period of 6 months and has the following options: (1) The Equity Trading desk in...
Figure E3.3 shows a pulse function,u(t). (a) From the information shown in Fig. 3.3, calculate the pulse width, t w . (b) Express u(t) as the sum of simpler functions (some perhaps translated in...
Create, compile, and run a program that performs a simulation. Using the code in the book, simulate a grocery checkout checkout counter with one line. People will enter the line. The only thing a...
Which of the following corporate groups may file a consolidated tax return? a. Brother-sister group b. Parent-subsidiary group c. Both brother-sister and parent-subsidiary groups d. None of the above...
Clearly describe the steps that must be taken to test for heteroscedasticity using the tests described in this chapter. What advantages and disadvantages does each offer?
Smith Co. sells a machine during the year for $100,000. Smith acquired the machine for $140,000. At the time ofs ale, the machine's adjusted basis was $47,200. Smith Co.'s recognized gain on the sale...
Discuss the differences between the Koyck and Almon lag procedures. Which do you feel is more applicable to real-world data? Why? What are the advantages and disadvantages of each?
Define a distributed lagged model. Why is it called a distributed lagged model? Give an example.
A company wants to participate in a product fair in the Plaza de Len, to do so it needs to do a study of its Costs - Volume - Profit and specifically its balance point and safety margin. The cost of...
One study found that the elderly who do not have children dissave at about the same rate as the elderly who do have children. What might this finding imply about the reason the elderly do not dissave...
Please reflect on and explain the role and usefulness of the concept of SD in relation to the protection of the environment.
Has the concept of SD achieved the balance between all three pillars: environmental protection; economic development; and social issues?
How many dimensions of the PSNR principle can you enumerate? To which one does UN Resolution 1803(1962) refer?

In Hypothesis Testing, How do we decide whether it is one tail test or two tail test?

Question:

Expert Answer:

A onetailed test has the whole 5 of the alpha level in one tail in either the left or the proper ... View the full answer

Students also viewed these mathematics questions