It is known that the expense in computer equipment for firms having less than 250 employees is a normally distributed r.v. X. In order to estimate the mean expense, ar.s. of size n= 15 is taken,...


It is known that the expense in computer equipment for firms having less than 250 employees is a<br>normally distributed r.v. X. In order to estimate the mean expense, ar.s. of size n= 15 is taken, providing<br>a mean expense of 6000 euros, and a standard deviation of 7500 euros.<br>i)<br>Based on the distribution of X, obtain, providing all relevant details, the theoretical expression<br>for the 1-a confidence interval for the population mean expense, m, to be applied in this<br>specific case.<br>Using the information provided in this exercise, compute the 95% confidence interval for the<br>population mean expense.<br>At the 5% confidence level, test the null hypothesis Ho :m = 10000 against alternative hypothesis<br>ii)<br>iii)<br>H1: m 6= 10000.<br>Let X be a r.v. having a y(a, 3) distribution; that is, with probability density function: Ar;<br>a) =ax'e , x >0, a >0<br>We wish to test the null hypothesis Ho :a =against the alternative hypothesis Hị : a = 2. In order to do<br>so, a random sample of size n = 1, X, is taken.<br>i)<br>Obtain the form of the most powerful critical region for this test.<br>ii)<br>Under the null hypothesis, what is the distribution of the test statistic X?<br>iii)<br>At the 5% significance level, provide the specific most powerful critical region for<br>this test. – 0.6 –<br>B.<br>

Extracted text: It is known that the expense in computer equipment for firms having less than 250 employees is a normally distributed r.v. X. In order to estimate the mean expense, ar.s. of size n= 15 is taken, providing a mean expense of 6000 euros, and a standard deviation of 7500 euros. i) Based on the distribution of X, obtain, providing all relevant details, the theoretical expression for the 1-a confidence interval for the population mean expense, m, to be applied in this specific case. Using the information provided in this exercise, compute the 95% confidence interval for the population mean expense. At the 5% confidence level, test the null hypothesis Ho :m = 10000 against alternative hypothesis ii) iii) H1: m 6= 10000. Let X be a r.v. having a y(a, 3) distribution; that is, with probability density function: Ar; a) =ax'e , x >0, a >0 We wish to test the null hypothesis Ho :a =against the alternative hypothesis Hị : a = 2. In order to do so, a random sample of size n = 1, X, is taken. i) Obtain the form of the most powerful critical region for this test. ii) Under the null hypothesis, what is the distribution of the test statistic X? iii) At the 5% significance level, provide the specific most powerful critical region for this test. – 0.6 – B.
Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here