This topic contains a solution. Click here to go to the answer

Author Question: If the cost of making a Type I error is high, a smaller value should be chosen for the a. critical ... (Read 63 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
If the cost of making a Type I error is high, a smaller value should be chosen for the
 a. critical value.
  b. confidence coefficient.
   c. level of significance.
  d. test statistic.

Question 2

A simple random sample of size 64 is taken from a population of size 800 . The sample mean is determined to be 2,550 with a standard deviation of 500 . An estimate of the standard error of the mean (for the total) is
 a. 62,500.50
  b. 47,958.32
  c. 7.8125
  d. 50,000.00



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

c

Answer to Question 2

b





 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library