Robin Inc. feared that the average company loss is running beyond $34,000. It initially conducted a hypothesis test on a sample
extracted from its database. The hypothesis was formulated as H0: average company loss ≤ $34,000 H1: average company loss > $34,000. The test resulted in favor of Robin Inc.'s loss not exceeding $34,000. Detailed study of company accounts later revealed that the average company loss had run up to $37,896. Which of the following errors were made during the hypothesis test? Select one: a) Type III error b) Type II error c) Type I error d) Type IV error
1 answer:
You might be interested in
See the attached graphic to see this solved for "r".
You should be very careful about stating the units for each of those variables.
time in seconds
radius in meters
mass in kilograms
G = 6.674 x 10^-11 m^3 / (kilograms * seconds²)
Also, it would be worth your while to go to this web page http://www.1728.org/kepler3a.htm
It has a calculator and other information about Kepler's Third Law.
You should be very careful about stating the units for each of those variables.
time in seconds
radius in meters
mass in kilograms
G = 6.674 x 10^-11 m^3 / (kilograms * seconds²)
Also, it would be worth your while to go to this web page http://www.1728.org/kepler3a.htm
It has a calculator and other information about Kepler's Third Law.
In order to make a frequency plot first we need to find the proportion of each outcome.
Total number of results = 15+20+5+5+5 = 50
Frequency of 0 = 15
Proportion of 0 = 15/50 = 0.3
Frequency of 1 = 20
Proportion of 0 = 20/50 = 0.4
Frequency of 2 = 5
Proportion of 2 = 5/50 = 0.1
Frequency of 3 = 5
Proportion of 3 = 5/50 = 0.1
Frequency of 4 = 5
Proportion of 4 = 5/50 = 0.1
Now we need to plot the data on a frequency plot. The x-axis shows the outcomes from 0 to 4 and y-axis shows the frequency of each outcomes. The frequency plot is shown in the figure attached with.
Total number of results = 15+20+5+5+5 = 50
Frequency of 0 = 15
Proportion of 0 = 15/50 = 0.3
Frequency of 1 = 20
Proportion of 0 = 20/50 = 0.4
Frequency of 2 = 5
Proportion of 2 = 5/50 = 0.1
Frequency of 3 = 5
Proportion of 3 = 5/50 = 0.1
Frequency of 4 = 5
Proportion of 4 = 5/50 = 0.1
Now we need to plot the data on a frequency plot. The x-axis shows the outcomes from 0 to 4 and y-axis shows the frequency of each outcomes. The frequency plot is shown in the figure attached with.