Math Problem Statement
Test the hypothesis that the population mean bail (mu) is 50.
To do that with Rcmdr/EZR, go to: Statistical analysis -> Continuous variables -> Single sample t-test , choose the variable, and enter your H0 and H1.
Set alpha (α) = 0.05.
Test statistic = 1.968376 Correct
df (if not applicable, put 0) = 21 Correct
What type of test statistic is this?
t Correct
p-value = 0.06236669 Correct
Decision: Fail to reject H0 Correct
We are 95% confident that the population parameter is somewhere in the interval: 22 Incorrect < μ < 50 Incorrect
What does all this tell us, in plain English? Is it reasonable to conclude that the population mean is $50? yes Correct
Could we have made a Type I error, or a Type II error, or is it impossible that we made any error at all (neither)? can you answer the part where it says "We are 95% confident that the population parameter is somewhere in the interval:"
Solution
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Math Problem Analysis
Mathematical Concepts
Hypothesis Testing
Confidence Interval
Single Sample t-test
Statistical Significance
Type I and Type II Errors
Formulas
t = (x̄ - μ) / (s / √n)
Confidence Interval = x̄ ± t* × SE
Standard Error (SE) = s / √n
Theorems
Central Limit Theorem
t-Distribution Properties
Suitable Grade Level
Undergraduate Statistics
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