Week 3 – Multiple Choice 4) A random sample of 100 observations from a population with standard deviation 60 yielded a sample mean of 111. Complete parts a through c. a) Test the null hypothesis that μ=100 against the alternative hypothesis that μ>100, using α=0.05. Interpret the results of the test. ⃝ Hₒ is not rejected ⃝ Hₒ is rejected Interpret the results of the test. Choose the correct interpretation below: ⃝ There is sufficient evidence to indicate the true population mean is not equal to 100 at α=0.05 ⃝ There is sufficient evidence to indicate the true population mean is greater than 100 at α=0.05 ⃝ There is sufficient evidence to indicate the true population mean is smaller than 100 at α=0.05 b) Test the null hypothesis that μ=100 against the alternative hypothesis that μ≠100, using α=0.05. Interpret the results of the test. ⃝ Hₒ is not rejected ⃝ Hₒ is rejected Interpret the results of the test. Choose the correct interpretation below: ⃝ There is insufficient evidence to indicate μ is smaller than 100 at α=0.05 ⃝ There is insufficient evidence to indicate μ is not equal to 100 at α=0.05 ⃝ There is insufficient evidence to indicate μ is greater than 100 at α=0.05 c) Compare the results of the two test you conducted. Explain why the results differ. Choose the correct answer below. ⃝ The results differ because the alternative hypothesis in part a is more specific than the one in b ⃝ The results do not differ because these two tests are equivalent ⃝ The results differ because the alternative hypothesis in part b is more specific than the one in a 5) The final scores of games of a certain sport were compared against the final point spreads established by oddmakers. The difference between the game outcome and point spread (called point-spread error) was calculated for 260 games. The mean and standard deviation of the point-spread errors are x=1.2 and s=11.4. Use this information to test the hypothesis that the true mean point-spread error for all games differs from 0. Conduct the test α=0.05 and interpret the result. What is the appropriate conclusion at α=0.05? ⃝ A. Reject Hₒ. There is insufficient evidence to indicate that μ≠0 ⃝ B. Do not reject Hₒ. There is sufficient evidence to indicate that μ≠0 ⃝ C. Do not reject Hₒ. There is insufficient evidence to indicate that μ≠0 ⃝ D. Reject Hₒ. There is sufficient evidence to indicate that μ≠0 6) If a hypothesis test were conducted using α=0.01, for which of the following p-values would the null hypothesis be rejected? a. 0.009 b. 0.02 a) What is the conclusion for a p-value of 0.009? ⃝ A. Reject the null hypothesis since the p-value is not less than the value α ⃝ B. Do not reject the null hypothesis since the p-value is less than the value α ⃝ C. Do not reject the null hypothesis since the p-value is not less than the value α ⃝ D. Reject the null hypothesis since the p-value is less than the value α b) What is the conclusion for a p-value of 0.02? ⃝ A. Do not reject the n.