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Author Question: The level of significance, , is the probability of making a A) Correct decision B) Type II error ... (Read 67 times)

jake

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on: Jul 25, 2018
The level of significance, , is the probability of making a
 
  A) Correct decision B) Type II error C) Type  error D) Type I error

Question 2

The owner of a computer repair shop has determined that their daily revenue has mean 7200 and standard deviation 1200. The daily revenue totals for the next 30 days will be monitored.
 
  What is the probability that the mean daily revenue for the next 30 days will exceed 7500?
  A) 0.0869 B) 0.9147 C) 0.9131 D) 0.0853


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TheDev123

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Reply #1 on: Jul 25, 2018
Answer to Question 1

D

Answer to Question 2

D


jake

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Reply 2 on: Jul 25, 2018
Thanks for the timely response, appreciate it

amit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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