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 · **on:** Jun 24, 2018

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

duke02 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

c

Answer to Question 2

b

folubunmi · **Reply #2 on:** Jun 24, 2018

Correct answers!

duke02 · **Reply #3 on:** Jun 24, 2018

Great! Please up vote

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

If the cost of making a Type I error is high, a smaller value should be chosen for the a. critical ...

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duke02

If the cost of making a Type I error is high, a smaller value should be chosen for the a. critical ...

folubunmi

If the cost of making a Type I error is high, a smaller value should be chosen for the a. critical ...

duke02

If the cost of making a Type I error is high, a smaller value should be chosen for the a. critical ...