Question

What is Xbar Critical and Xbar observed? What is the difference between the two? How are...

What is Xbar Critical and Xbar observed? What is the difference between the two? How are they both calculated?

Homework Answers

Answer #1

The x-bar observed is used for the sample mean statistics. It is used to estimate the true population parameter .once a population is identified and the attribute that will be measured decided, we use a random sampling method to select a sample of at least 30 observations.and we calculate arithmetic mean to calculate x bar observed.

use the equation given following to calculate x bar critical

For given value of meam , standard deviation amd sample size and z score,we calculate x .

This solution is called the critical xbar value, or more simply, the critical value..

Please like ?

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
What is the difference between consumer and producer surplus? How is this calculated?
What is the difference between consumer and producer surplus? How is this calculated?
How are alphas and p values associated with critical and observed values?
How are alphas and p values associated with critical and observed values?
what is the difference between P-value and Traditional/Critical value methods in hypothesis testing?
what is the difference between P-value and Traditional/Critical value methods in hypothesis testing?
In your opinion, what is the difference between critical thinking and learning from a set curriculum?
In your opinion, what is the difference between critical thinking and learning from a set curriculum?
Isothermal and irreversible reactions, what is the difference between 1-step and 2-step process? How are they...
Isothermal and irreversible reactions, what is the difference between 1-step and 2-step process? How are they calculated differently?
What is the difference between the marginal private cost and the marginal social cost? How is...
What is the difference between the marginal private cost and the marginal social cost? How is MSC calculated? Does the private sector generally over or under produce goods with a MSC > MC?
Forwards and futures. What is the difference between a forward and a futures contract? How are...
Forwards and futures. What is the difference between a forward and a futures contract? How are they similar? a. A firm owes €1,000,000 in 60-days and hedges this payable with a forward at a rate of $1.16. The current spot rate is $1.14, and the firm expects the spot rate in 60-days to be $1.15. How much will the payables cost the firm? b. How is the premium calculated?
Chi-squares tests of independence Critical thinking: If two variables are absolutely independent of each other, what's...
Chi-squares tests of independence Critical thinking: If two variables are absolutely independent of each other, what's the difference between the expected and observed frequencies? What will be the value of the test statistic (x2)? Given the value of the test statistic, what's the expected p-value? Explain.
1. What is the difference between the two types of decisions? 2. Can we use both...
1. What is the difference between the two types of decisions? 2. Can we use both the NPV method and the IRR method to solve both types?
What are the similarities and differences between the two t tests for the difference between two...
What are the similarities and differences between the two t tests for the difference between two population means? Under what condition should we use the t test for the matched samples?