week 8 lean six

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Purdue University *

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LEAN SIX S

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Economics

Date

Jan 9, 2024

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docx

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4

Uploaded by SuperHumanTigerPerson976 on coursehero.com

True or False: An ANOVA compares three or more independent sample averages. True Suppose you believe that there is a statistical difference between the test scores of juniors and seniors in a high school economics class. The null hypothesis (H0) is that the mean scores of juniors (μj) is = to the mean scores of seniors (μs) (also noted as H0: μj = μs). What is the alternative hypothesis (Ha)? Ha: μj ≠ μs - alternative hypothesis is exact opposite of the null Which of the following is a valid null hypothesis? a) P > 1/8. b) The mean of population A is not equal to the mean of sample A c) Mu = 100 d) none of the above c) Mu = 100, a null often states that there is no difference between b/w two sets of data True or False: It is a best practice to state the null hypothesis before running the hypothesis test in QI Macros. True True or False: It is appropriate to determine if the test is one- or two- tailed after running a hypothesis test in QI Macros. False If the calculated power is 80%, the beta risk is ____________. Beta risk = 20% Significance level is also referred to as _______. a) beta risk b) p c) confidence sigma d) alpha risk d) alpha risk (type I error) A teacher suspects that the mean test scores of males are different from the mean test scores of females. The best type of hypothesis test in this situation would be ___________________. two-sample t-test True or False: A two-tailed test describes a hypothesis test that is concerned with one side of the frequency distribution. False, concerned with both sides True or False: Alpha risk is also referred to as a Type I error. True True or False: Alpha risk is also referred to as a Type II error. False, beta risk = type II error The ___________ is the exact opposite of the null hypothesis and contains all of the other possibilities. Alternative hypothesis In hypothesis testing, which of the following statements is always true? a) The P-value is greater than the significance level. b) The P-value is computed from the significance level. c) The P-value is the parameter in the null hypothesis.
d) The P-value is a test statistic. e) The P-value is a probability. e) The P-value is a probability. True or False: You want to prove that the setting does not make a difference. Therefore, you want to reject the null hypothesis. False, True or False: It is appropriate to determine if the test is one- or two- tailed prior to running a hypothesis test in QI Macros. True A p-value that is less than .05, indicates a ____ regression equation. statistically significant, A low p-value (< 0.05) indicates that you can reject the null hypothesis. In other words, a predictor that has a low p-value is likely to be a meaningful addition to your model because changes in the predictor's value are related to changes in the response variable. True or False: Power is defined as (1 - beta risk). True One of the advantages of the sample t-test is __________________. a) it can be applied to a relatively small number of cases b) Mu < 5 c) The mean of population A is not equal to the mean of population B d) Mu = 0 a) it can be applied to a relatively small number of cases True or False: A Type I error occurs when you incorrectly reject the null hypothesis. True This error occur(s) when you incorrectly fail to reject the null hypothesis. Type II Error Suppose you are running a Black Belt project to reduce processing time and you suspect that there are different processing times depending on the customer type. There are four different types of customers and the data are normal. The best type of hypothesis test to run in this situation would be: Variable data that compares more 3 or more averages: ANOVA True or False: The alternative hypothesis should be stated prior to running a hypothesis test using QI Macros. True True or False: It is a best practice to run the hypothesis test in QI macros and then determine the alpha risk. False True or False: A one-tailed test describes a hypothesis test that is concerned with one side of the frequency distribution. True Brad is conducting a hypothesis test. He set his alpha equal to .10. QI Macros indicated that the p-value is .15. What is the result of this test? Fail to reject the null hypothesis True or False: Power is defined as (1 - alpha risk). False, 1-beta risk
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