Exercises

Mix and Match

Match the description of each concept with the correct symbol or term.

1. One-sided null hypothesis (a) t-statistic
2. Identifies the alternative hypothesis (b) μ0
3. Maximum tolerance for incorrectly rejecting H0 (c) p-value
4. Number of standard errors that separate an observed statistic from the boundary of H0 (d) p-value < α
5. Number of estimated standard errors that separate an observed statistic from the boundary of H0 (e) Type I error
6. Largest α-level for which a test rejects the null hypothesis (f) z-statistic
7. Occurs if the p-value is less than α when H0 is true (g) Type II error
8. Occurs if the p-value is larger than α when H0 is false (h) α-level
9. Symbol for the largest or smallest ...

Get Statistics for Business: Decision Making and Analysis, 3rd Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.