Hypothesis
Not what you're looking for?
Multiple Choice:
All of the following are possible hypotheses surrounding nominal data except:
a. The percentage of people favoring brand A is greater than the percentage favoring brand B.
b. The average income of electricians exceeds the average income of carpenters.
c. The number of households with term life insurance exceeds the number with auto insurance.
d. There are more mountains over 20,000 feet high in Peru than there are in India.
If the cost to the company of making a Type I error is nearly the same as the cost of making a Type II error, then the value of a should be
a. small, 0.01 or less.
b. large, 0.10 or greater.
c. at or near 0.05.
d. anything that is convenient.
Purchase this Solution
Solution Summary
All of the following are possible hypotheses surrounding nominal data except:
a. The percentage of people favoring brand A is greater than the percentage favoring brand B.
b. The average income of electricians exceeds the average income of carpenters.
c. The number of households with term life insurance exceeds the number with auto insurance.
d. There are more mountains over 20,000 feet high in Peru than there are in India.
If the cost to the company of making a Type I error is nearly the same as the cost of making a Type II error, then the value of a should be
a. small, 0.01 or less.
b. large, 0.10 or greater.
c. at or near 0.05.
d. anything that is convenient.
Solution Preview
1.) Ans d: reference: go to following sites which can give you the clear picture of number of mountains over 20,000 ft high in Peru and ...
Education
- BEng, Allahabad University, India
- MSc , Pune University, India
- PhD (IP), Pune University, India
Recent Feedback
- " In question 2, you incorrectly add in the $3.00 dividend that was just paid to determine the value of the stock price using the dividend discount model. In question 4 response, it should have also been recognized that dividend discount models are not useful if any of the parameters used in the model are inaccurate. "
- "feedback: fail to recognize the operating cash flow will not begin until the end of year 3."
- "Answer was correct"
- "Great thanks"
- "Perfect solution..thank you"
Purchase this Solution
Free BrainMass Quizzes
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.