tsTAT=1.73 (Round to two decimal places as needed.) What is/are the critical value(s)?Select the correct choice below and fill in the answer box within your choice. (Round to two decimal places as needed. ○A. ta= OB. a/2=±2.07 What is the correct conclusion? OA.Do not reject Ho.There is sufficient evidence of a difference in mean time required to start a business. O B.Reject Ho.There is insufficient evidence of a difference in mean time required to start a business. OC.Reject Ho.There is sufficient evidence of a difference in mean time required to start a business. O D.Do not reject Ho.There is insufficient evidence of a difference in mean time required to start a
Question
tsTAT=1.73 (Round to two decimal places as needed.) What is/are the critical value(s)?Select the correct choice below and fill in the answer box within your choice. (Round to two decimal places as needed. ○A. ta= OB. a/2=±2.07 What is the correct conclusion? OA.Do not reject Ho.There is sufficient evidence of a difference in mean time required to start a business. O B.Reject Ho.There is insufficient evidence of a difference in mean time required to start a business. OC.Reject Ho.There is sufficient evidence of a difference in mean time required to start a business. O D.Do not reject Ho.There is insufficient evidence of a difference in mean time required to start a
Solution
The critical value(s) is/are ±2.07.
As for the conclusion, since the test statistic (1.73) is less than the critical value (±2.07), we do not reject the null hypothesis (Ho). This means there is insufficient evidence of a difference in mean time required to start a business.
So, the answers are:
Critical value: ±2.07 Conclusion: Do not reject Ho. There is insufficient evidence of a difference in mean time required to start a business.
Similar Questions
Find the test statistic tsTAT=-5.40 (Round to two decimal places as needed.) Find the p-value. p-value=0.000(Round to three decimal places as needed.) Choose the correct answer below. OA.Reject Ho.There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. O B.Do not reject Ho.There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. O C.Do not reject Ho.There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. O D.Reject Ho.There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector.
For a one-tailed hypothesis test where you reject Ho only in the lower tail,the critical value is-1.3253.What is the statistical decision if tsTAT=-2.75? What is the statistical decision? OA.Since the tsTAT value is less than the critical value,reject Ho. OB.Since the tsTAT value is greater than or equal to the critical value,do not reject Ho. OC.Since the tsTAT value is less than the critical value,do not reject Ho. OD.Since the tsTAT value is greater than or equal to the critical value,reject Ho.
Which of the following is the correct t critical value for:H0: µ > µ0, H1: µ < µ0, p < .01, n= 38Question 19Answera.2.429b.-2.715c.-1.687d.-2.431
What is the test statistic? tsTAT=-2.48(Round to two decimal places as needed.) What is the p-value for the test statistic? At the 0.01 level of significance, Thep-value is, (Round to three decimal places as needed.
If the calculated value of the t statistic is greater than the critical value – the null hypothesis – H0 is rejected in favour of the alternative hypothesis, H1.Question 4Select one:TrueFalse
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.