Paul wants to compare whether the prices of tangerines in two supermarkets differ significantly. He has been noting down the daily prices for the last few days and has found the difference in the sample means to be 20 cents. If the standard deviation of the distribution of the difference between sample means is 28 cents and we are testing the null hypothesis at the 95% confidence level, which statement is true?
A.The difference between the two means is significant at the 95% confidence level, so the null hypothesis must be rejected. B.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be rejected. C.The difference between the two means is not significant at the 95% confidence level, so the null hypothesis must be rejected. D.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be accepted. E.The difference between the two means is significant at the 95% confidence level, so the alternative hypothesis must be rejected
@amistre64
this one
yea
do you recall what i have been saying about the empirical rule? 68-95-99 and their respective standard deviations?
whats the empirical rule...
its the rule that i have been stating time and time again .... its a rule that tells us an approximation of the probability that the amount of data is between 1,2, or 3 standard deviations from the mean
like the formula that is ?/sqrt(n)
that formula
no, just the simple rule: 68% of the data falls within 1 sd of the mean 95% of the data falls within 2 sd of the mean 99% of the data falls within 3 sd of the mean an sd is like a ruler, a measuring stick, a way to measure how far away something is from the mean
where does 1 sd and 2 sd, etc fall into place
a 95% confidence interval is approximately equal to: 2 sds from the mean. |-----95% C-level-------| -2sd 2sd <------- mean--------> they tell us that 1 sd is equal to 28, and that the mean is equal to 20; so lets fill this in -2sd 2sd <------- mean--------> -2(28) 20 2(28)
i have a little error in my pictorial view
so how does that show if it rejected or accepted
the mean is zero; if the difference between the means is within 2(28), we fail to reject the null
so if you fail to reject the null does that mean its accepted
correct enough yes; if we fall within the boundaries we accept the null, if we go out side of the bounds, we reject the null
20/28 is obvious less then 2 so we fall within the 95% boundary condition and "accept" the null
that make sense since only one of the answer choices is accept
either accept the null, or reject the alternative B.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be rejected. C.The difference between the two means is not significant at the 95% confidence level, so the null hypothesis must be rejected. D.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be accepted. E.The difference between the two means is significant at the 95% confidence level, so the alternative hypothesis must be rejected
wait what?
E is out as well, and please quit harassing the chat box
there annoying me lol but alright
the difference is not significant; so we are left with these 3 B.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be rejected. C.The difference between the two means is not significant at the 95% confidence level, so the null hypothesis must be rejected. D.The difference between the two means is not significant at the 95% confidence level, so the alternative hypothesis must be accepted. ---------------------------------------------- either the null is accepted; OR the alternative is rejected B. the alternative hypothesis must be rejected.; yes C. the null hypothesis must be rejected.; no D. the alternative hypothesis must be accepted. ; no
so every problem like ths is null accepted or rejecteD?
i just dont bother going in and playing in the chatbox to begin with ... everytime i open it i can feel my iq drop
well, the wording might have to be interpreted; but yes
lol idk me and ponder were just messin with them lol
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