Question

Question Four For each of the following statements, circle T if you believe that the statement...

Question Four

For each of the following statements, circle T if you believe that the statement is true and F if you believe that the statement is false.

  1. T          F          The smaller the level of significance, the more likely H0 will be rejected.
  2. T          F          The greater the level of confidence, the narrower the confidence interval.
  3. T          F          For a given level of confidence, the narrower the interval the more accurate the best estimate of the population parameter should be.
  4. T          F          The more variable the population, the less likely the best estimate of the population parameter will be an accurate estimate.
  5. T          F          The larger the sample that is taken, the probability of making a type 2 error increases.
  6. T          F          We can never conclude that H0 is true based on taking a random sample from the population.
  7. T          F            A stratified random sample is more preferred over a simple random sample when the population can be divided into homogeneous groups.

Homework Answers

Answer #1

a. F
The smaller the level of significance, the less likely H0 will be rejected. Because for smaller level of significance ,the region of acceptance gets bigger.

b. F
The greater the confidence level, the wider the confidence interval.

c. T

d. F
The more variable the population, the more likely the best estimate of the population parameter will be an accurate estimate.

e. F
The larger the sample that is taken, the probability of making a type 2 error decreases. Because The power of the test could be increased by increasing the sample size, which decreases the risk of committing a type 2 error.

f. T
Yes, We can never conclude that H0 is true based on taking a random sample from the population.

g. T
Unlike simple random sampling Stratified random sampling involves the random selection of data from an entire population, so each possible sample is equally likely to occur.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question Four (7 marks) For each of the following statements, circle T if you believe that...
Question Four For each of the following statements, circle T if you believe that the statement is true and F if you believe that the statement is false T          F          The larger the sample that is taken, the probability of making a type 2 error increases. T          F          We can never conclude that H0 is true based on taking a random sample from from the population. T          F            A stratified random sample is more preferred over a simple random sample...
A researcher measured the body temperatures of a randomly selected group of adults. He wishes to...
A researcher measured the body temperatures of a randomly selected group of adults. He wishes to estimate the average temperature among the adult population. Summaries of the data he collected are presented in the table below. Complete parts? (a) through? (d) below.    Summary Count Mean Median   MidRange StdDev Range IntQRange tempeture 43 98.457 98.000    98.600 0.8847 2.800 1.050 ? a) Would a 90?% confidence interval be wider or narrower than the 98?% confidence? interval? Explain. Choose the correct...
Which of the following statements is true with regards to a confidence interval? Select one: a....
Which of the following statements is true with regards to a confidence interval? Select one: a. The true population value is always inside the constructed interval b. Most calculations of confidence intervals require a point estimate and the margin of error c. Given the same confidence level, building a t-interval is always narrower than a z-interval d. A 90% confidence interval means there is a 90% chance the population value is within the constructed interval e. You need to know...
Determine which of the following statements are True (T) and which are False (not true) (F)....
Determine which of the following statements are True (T) and which are False (not true) (F). _____    Macaulay Duration and term are inversely related. _____    Bachelier was a partner of LTCM. _____    Put-Call Parity states that . _____    One can purchase stock by being assigned when short a put option. ______   The Gamma of calls is positive and of puts is negative. ______ In polling a greater confidence level results in a more accurate estimate of the population mean. ______  . ______One can hedge a position...
2) Referring to Scenario 8-2, the critical value to use in obtaining the confidence interval is...
2) Referring to Scenario 8-2, the critical value to use in obtaining the confidence interval is ________.           2) _____ 3) Referring to Scenario 8-2, the confidence interval goes from ________ to ________.          3) _____________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 4) True or False: A point estimate consists of a single sample statistic that is used to estimate the true population parameter.           4) _______ A) True                 B) False 11) True or...
Suppose you are a researcher in a hospital. You are experimenting with a new tranquilizer. You...
Suppose you are a researcher in a hospital. You are experimenting with a new tranquilizer. You collect data from a random sample of 9 patients. The period of effectiveness of the tranquilizer for each patient (in hours) is as follows: 2.5 2.7 2 2.9 3 2.4 2.3 2.5 3 a. What is a point estimate for the population mean length of time. (Round answer to 4 decimal places) b. Which distribution should you use for this problem? normal distribution t-distribution...
Do all the following problems. I. Choose the best answer for each multiple choice. Please use...
Do all the following problems. I. Choose the best answer for each multiple choice. Please use CAPITAL letters to indicate your answer and write neatly. (30 points) 1. ____ 4.____ 7. ____ 10.____ 13. ____ 2. ____ 5.____ 8. ____ 11.____ 14. ____ 3. ____ 6.____ 9. ____ 12.____ 15. ____ Whenever the population standard deviation is unknown and the population has a normal or near-normal distribution, which distribution is used in developing an interval estimation? A. standard distribution B....
Suppose you are a researcher in a hospital. You are experimenting with a new tranquilizer. You...
Suppose you are a researcher in a hospital. You are experimenting with a new tranquilizer. You collect data from a random sample of 8 patients. The period of effectiveness of the tranquilizer for each patient (in hours) is as follows: 2.3 3 2.7 2.2 2.5 3 2.4 2 a. What is a point estimate for the population mean length of time. (Round answer to 4 decimal places) b. Which distribution should you use for this problem? t-distribution normal distribution c....
For each of the following statements, identify whether the statement is true or false, and explain...
For each of the following statements, identify whether the statement is true or false, and explain why. Please limit each response to no more than 3 sentences. i) A p-value is the probability that the null hypothesis is false. ii) A chi-square test statistic can never be negative. iii) If we reject the null hypothesis that a population proportion is equal to a specific value, then that specific value will not be contained in the associated confidence interval. iv) If...
1) Determine whether the statements are true/ false. a. T      F       The probability of making a...
1) Determine whether the statements are true/ false. a. T      F       The probability of making a type II error is related to the power of a statistical test b. T     F         When I compare two estimates of the mean, the one with a smaller standard error has                         less precision c. T      F           If I do cluster sampling, the sample mean is always within the 95% confidence interval. d. T      F            If I do simple random sampling, the true...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT