A businessman is considering investing in the small business. A random sample of 40 companies revealed that the mean was 5.4% of return and the standard deviation was 1.8%. Do the data support that the return is greater than 5% at a significance level α=0.02; 0.05; 0.06;0.08;0.09? Use P-value.
A businessman is considering investing in the small business. A random sample of 40 companies revealed that the mean was 5.4% of return and the standard deviation was 1.8%. Do the data support that the return is greater than 5% at a significance level α=0.02; 0.05; 0.06;0.08;0.09? Use P-value.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 10E
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A businessman is considering investing in the small business. A random sample of 40
companies revealed that the mean was 5.4% of return and the standard deviation was
1.8%. Do the data support that the return is greater than 5% at a significance level
α=0.02; 0.05; 0.06;0.08;0.09? Use P-value.
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