A P-value is the probability of selecting a sample that accurately reflects the population.
Question 1A P-value is the probability of selecting a sample that accurately reflects the population.
True
False
Question 2Typical P-values used in hypothesis testing do not include?
0.001
0.01
0.05
0.10
Question 3The t-test is used to test for variance equality between samples.
True
False
Question 4What is the second step in the hypothesis testing procedure?
State the decision rule.
State the level of significance.
State the test statistic and statistical test.
State the null and alternate hypothesis statements.
Question 5In Excel, we can find a t-test function in the
Analysis ToolPak Statistical list
The Fx statistical list.
The Formulas More Functions list (in newer versions of Excel).
All of these locations
Question 6In writing the null and alternate hypothesis statements, which pair of symbols are used?
An = in the null paired with an =/= (or ≠) in the alternate.
An => in the null paired with an < in the alternate.
An <= in the null paired with an > in the alternate.
All of these may be used.
Question 7What is the forth step in the hypothesis testing procedure?
State the decision rule.
State the level of significance.
State the test statistic and statistical test.
State the null and alternate hypothesis statements.
Question 8The F-test can be used for testing mean equality.
True
False
Question 9The F-test requires an assumption of equal variances within the samples being tested.
True
False
Question 10Testing for mean equality between the salary and midpoint values would use the
T-test assuming equal variance
T-test not assuming equal variance
Paired T-test
We cannot compare these two measures.
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