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Author Question: Your investment executive claims that the average yearly rate of return on the stocks she recommends ... (Read 13 times)

Facerro

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on: Mar 25, 2023

Question 1

Which of the following does not need to be known in order to compute the p-value?


◦

knowledge of whether the test is one-tailed or two-tailed


◦

the value of the test statistic


◦

the level of significance


◦

None of these alternatives is correct.



Question 2

Your investment executive claims that the average yearly rate of return on the stocks she recommends is at least 10.0%. You plan on taking a sample to test her claim. The correct set of hypotheses is


◦

H0: μ< 10.0%     Ha: μ 10.0%


◦

H0: μ 10.0%     Ha: μ> 10.0%


◦

H0: μ> 10.0%     Ha: μ 10.0%


◦

H0: μ 10.0%     Ha: μ< 10.0%

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by Facerro on Mar 25, 2023

iamkarenvv

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Reply #1 on: Mar 25, 2023
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Facerro

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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