Question 4 [7 marks] Part a) (3 marks) Calculate the statistic, set up the rejection region,...
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Question 4 [7 marks] Part a) (3 marks) Calculate the statistic, set up the rejection region, draw the sampling distribution and interpret the result, Ho: H₁: Given that: -10, n-100, X-10, a-0.05. μ-10 μ#10 Part b) (4 marks) A business student claims that, on average, an MBA student is required to prepare more than five cases per week. To examine the claim a professor asks a random sample 10 MBA student to report the number of cases they prepare weekly; the professor calculates the mean value and standard deviation, which is 6 and 1.5, respectively. Can the professor conclude at the 5% significance level that the claim is true, assuming that the number of case is normal distribution? Question 4 [7 marks] Part a) (3 marks) Calculate the statistic, set up the rejection region, draw the sampling distribution and interpret the result, Ho: H₁: Given that: -10, n-100, X-10, a-0.05. μ-10 μ#10 Part b) (4 marks) A business student claims that, on average, an MBA student is required to prepare more than five cases per week. To examine the claim a professor asks a random sample 10 MBA student to report the number of cases they prepare weekly; the professor calculates the mean value and standard deviation, which is 6 and 1.5, respectively. Can the professor conclude at the 5% significance level that the claim is true, assuming that the number of case is normal distribution?
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The provided sample mean is X 10 and the known populat... View the full answer
Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Posted Date:
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