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33 . The screening test has a 20 percent probability of a Type II error, meaning that 20 percent of the time, it will fail to detect TB when it is in fact present.

34 . Eighty percent of the time, the screening test will detect TB when it is actually present.

9.3: distribution needed for hypothesis testing

35 . The Student’s t -test.

36 . The normal distribution or z -test.

37 . The normal distribution with μ = p and σ = p q n

38 . t 24 . You use the t -distribution because you don’t know the population standard deviation, and the degrees of freedom are 24 because df = n – 1.

39 . X ¯ ~ N ( 0.95 , 0.051 100 )
Because you know the population standard deviation, and have a large sample, you can use the normal distribution.

9.4: rare events, the sample, decision, and conclusion

40 . Fail to reject the null hypothesis, because α p

41 . Reject the null hypothesis, because α p .

42 . H 0 : μ ≥ 29.0”
H a : μ <29.0”

43 . t 19 . Because you do not know the population standard deviation, use the t -distribution. The degrees of freedom are 19, because df = n – 1.

44 . The test statistic is –4.4721 and the p -value is 0.00013 using the calculator function TTEST.

45 . With α = 0.05, reject the null hypothesis.

46 . With α = 0.05, the p -value is almost zero using the calculator function TTEST so reject the null hypothesis.

9.5: additional information and full hypothesis test examples

47 . The level of significance is five percent.

48 . two-tailed

49 . one-tailed

50 . H 0 : p = 0.8
H a : p ≠ 0.8

51 . You will use the normal test for a single population proportion because np and nq are both greater than five.

10.1: comparing two independent population means with unknown population standard deviations

52 . They are matched (paired), because you interviewed married couples.

53 . They are independent, because participants were assigned at random to the groups.

54 . They are matched (paired), because you collected data twice from each individual.

55 . d = x ¯ 1 x ¯ 2 s p o o l e d = 4.8 4.2 1.6 = 0.375
This is a small effect size, because 0.375 falls between Cohen’s small (0.2) and medium (0.5) effect sizes.

56 . d = x ¯ 1 x ¯ 2 s p o o l e d = 5.2 4.2 1.6 = 0.625
The effect size is 0.625. By Cohen’s standard, this is a medium effect size, because it falls between the medium (0.5) and large (0.8) effect sizes.

57 . p -value<0.01.

58 . You will only reject the null hypothesis if you get a value significantly below the hypothesized mean of 110.

10.2: comparing two independent population means with known population standard deviations

59 . X ¯ 1 X ¯ 2 , i.e., the mean difference in amount spent on textbooks for the two groups.

60 . H 0 : X ¯ 1 X ¯ 2 ≤ 0
H a : X ¯ 1 X ¯ 2 >0
This could also be written as:
H 0 : X ¯ 1 X ¯ 2
H a : X ¯ 1 > X ¯ 2

61 . Using the calculator function 2-SampTtest, reject the null hypothesis. At the 5% significance level, there is sufficient evidence to conclude that the science students spend more on textbooks than the humanities students.

62 . Using the calculator function 2-SampTtest, reject the null hypothesis. At the 1% significance level, there is sufficient evidence to conclude that the science students spend more on textbooks than the humanities students.

10.3: comparing two independent population proportions

63 . H 0 : p A = p B
H a : p A p B

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
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Jorge
hi
abubakar
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Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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