Quantitative Techniques Lab 5 (Topic 3: Hypothesis Testing) ------------------------------------------------- Procedure for Hypothesis Testing Step 1: Formulate the null and alternative hypothesis. Draw the one-tail or two- tail test diagram. Step 2: Specify the level of significance. Determine the critical value (s). Step 3: Identify the test statistics to be used and calculate it. Step 4: Draw the conclusion. Formulae List Hypothesis Testing Test Statistics for Single Mean
Premium Arithmetic mean Statistical hypothesis testing Statistics
A NOTE ON HYPOTHESIS TESTING |Significance Level |One-Sided Test |Two-Sided Test | |0.10 |1.285 |1.645 | |0.05 |1.645 |1.960 | |0.01 |2.33 |2.575 | Part A. Single-Sample
Premium Variance Statistical hypothesis testing Sample size
bigger of the two.) 2. (8 points) According to a study by my PseudoScientific Consulting‚ the time interval between Atlantic hurricane of category 4 has a mean of 456 days and a standard deviation of 123 days. Suppose that you observe a sample of five (5) time intervals between successive category 4 hurricanes. a. On average‚ what would you expect to be the mean of the five (5) time intervals? b. How much variation would you expect from your answer in part (a)? (Hint:
Premium Statistical hypothesis testing Null hypothesis Standard deviation
Two or more of these questions should be able to be answered by a hypothesis test (these questions will investigate relationships between variables) and one or more could be answered from a confidence interval (this question will investigate the true value of an unknown parameter). Data Analysis: Conduct appropriate data analysis techniques to answer your research questions. This analysis should include two or more hypothesis tests‚ can include one confidence interval‚ and should include at
Premium Statistical hypothesis testing Statistics Data analysis
Daphnia (water fleas) heart rate. I shall use daphnia as they would never have been exposed to caffeine before‚ unlike a human‚ who may have already developed a high tolerance to it. Another reason is that Daphnia have a very translucent body; therefore‚ it is relatively easy to see their heart under a microscope‚ which makes it easier to count the number of heartbeats‚ thus‚ making my results more accurate. Hypothesis- Their will be a positive correlation between the concentration of caffeine
Premium Null hypothesis Heart rate Clock
Hypothesis Test Analysis Shawnda Peluaga Research and Evaluation October 30‚ 2006 Business Problem You are the manager of a large firm. Lately complaints have surfaced that an increased number of incoming calls are being dropped or misrouted. Yesterday‚ as you walked by one older employee‚ you noticed that he was fiddling with his hearing aid and not paying attention to the phone. A call came in and only because you were there and intervened was the call answered. This particular phone
Premium Null hypothesis Scientific method Psychology
Southwestern University Cebu City Graduate School of Health Science‚ Management and Pedagogy Statistical Methods (EDUC 201) ACTIVITY 4 HYPOTHESIS-TESTING Instruction: Apply the five steps of hypothesis-testing procedure to each problem below. 1. A researcher conducted an experiment to determine the effect of a lecturer’s age on student preferences to hear him lecture. In a regular classroom situation‚ 20 students were told that the administration wished to know their preferences regarding
Premium University Cebu City Education
cases so they decided to focus on stock exchanges with the assumption that something that involves millions of people around the world participating in it every day should indicate any deviation from the norm. The researchers were looking at the hypothesis that depressed people affected by the moon will cause a drop in stock prices. Dichev and Janes looked to prove or disprove the theory of the moon affecting behavior‚ so they studied the daily median stock price profits of 25 stock exchanges over
Premium Moon Stock market Stock exchange
The word ‘Hypothesis is derived from a Greek word‚ which means ‘to suppose’. It is usually considered as the principal instrument in research. For a researcher it is a formal question that he or she intends to resolve. In this way a hypothesis may be defined as a proposition or a supposition. The main function of hypothesis is to guide the collection and processing of materials and direct the research. Hypothesis is a tentative conclusion. It is facts based theory. A research scholar will analyze
Premium Scientific method Meaning of life Observation
Statistics for Business Intelligence – Hypothesis Testing Index: 1. What is Hypothesis testing in Business Intelligence terms? 2. Define - “Statistical Hypothesis Testing” – “Inferences in Business” – and “Predictive Analysis” 3. Importance of Hypothesis Testing in Business with Examples 4. Statistical Methods to perform Hypothesis Testing in Business Intelligence 5. Identify Statistical variables required to compute Hypothesis testing. a. Correlate computing those variables
Premium Statistical hypothesis testing Statistics Statistical inference