Chapter 4. Hypothesis testing The main aim of the module is to familiarize students with the theoretical knowledge of hypothesis testing and then train them in applying theory to economic practice. After completing this module‚ students will be familiar with: the procedure of hypothesis testing; the possible outcomes in hypothesis testing; the difference between significant and nonsignificant statistical findings. After completing this module‚ students will be able to:
Premium Statistical hypothesis testing Null hypothesis Statistics
Questions 1. Based on this information‚ what patterns do you observe? 2. Develop a hypothesis relating to the amount of dissolved oxygen measured in the water sample and the number of fish observed in the body of water. 3. What would your experimental approach be to test this hypothesis? 4. What are the independent and dependent variables? 5. What is your control? 6. What type of graph is appropriate for this data set? Why? 7. Graph the data from Table 2
Premium Hypothesis Observation Scientific method
Hypothesis: The local car dealership that offers in house financing has a large percentage of accounts that are past due because of the lenient credit profile they utilize to approve financing. A hypothesis is a statement that variables are assigned to the case. (Cooper & Schindler‚ 2011) In the above hypothesis the case is accounts past due and the variable is the lenient credit profiles that are utilized for approving finance. My hypothesis has adequacy for its purpose‚ is testable. I believe
Premium Finance Scientific method Stock market
# 2006 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk‚ Pretoria EDA304-6/1/2007±2009 97979937 3B2 PRS styl (iii) EDA304±6/1/2007±2009 Contents Study unit 1 2 Page AN INTRODUCTION TO ENVIRONMENTAL EDUCATION 1 1.1 Introduction 1.2 The concept ``environment’’ 1.2.1 A dictionary definition 1.2.2 A holistic representation of the environment 1 4 4 4 1.3 Development of the concept ``environmental education’’ 1.3.1 Development
Premium Environmentalism Environment Conservation movement
Permanent Income Hypothesis Introduction The basic idea is that people’s income has a random element to it and also a known element to it and that people try to smooth the random part using saving and borrowing. Hence‚ we need to distinguish between permanent income and transitory income. Example: Suppose that you are working and receive an annual salary of twenty thousand dollar. Suppose that you expect to get that salary every year in the future. Then twenty thousand dollar represents the
Premium Macroeconomics Consumption function Economics
Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test Andrew W. Lo A. Craig MacKinlay University of Pennsylvania In this article we test the random walk hypothesis for weekly stock market returns by comparing variance estimators derived from data sampled at different frequencies. The random walk model is strongly rejected for the entire sample period (19621985) and for all subperiod for a variety of aggregate returns indexes and size-sorted portofolios. Although
Premium Variance Statistical hypothesis testing
bears when they were put into different solutions‚ if they would get bigger‚ smaller‚ or stay the same. Such as would it change color‚ texture‚ and/or weight. My hypothesis was that the gummy bears would get bigger in all the solutions‚ they would get bigger in the forms of length‚ width‚ and height. The second hypothesis was that I didn’t think they will change colors‚ and I didn’t think that the texture would change. To begin this experiment‚ I purchased one bag of gummies
Premium Nutrition Food Marketing
those questions. It looks at the relationship between prenatal healthcare and cognitive ability of the child. This topic stems from recent studies on investments in female health (Bloom et al.‚ 2015) and literature surrounding the “fetal origins hypothesis‚” as popularized by David J Barker
Premium Pregnancy Health care Childbirth
Precipitation Hypothesis Testing Paper Learning Team One Research and Evaluation II – RES 342 University of Phoenix Precipitation Hypothesis Testing Learning team one will test if there is more precipitation in the three months of the spring in 2006 or is it greater than or equal to the three months in the winter in Rockville‚ which is located in Montgomery County‚ Maryland. We will look at the validity of the local average precipitation (rainfall) during the months of December
Premium Null hypothesis Statistical hypothesis testing Type I and type II errors
Techniques of Hypothesis Testing Dr. Scott Stevens Objectives When you finish reading this article‚ you should be able to • Determine the appropriate null and alternate hypotheses for your hypothesis test • Determine if your test is one- or two- tailed • Conduct an appropriate test using Excel in any of three ways o Using the critical score approach o Using the non-rejection region approach (for a two-tailed test) o Using the P-value approach
Premium Scientific method Research Quantitative research