Hwk 3
... that during the summer months on the average 4200 cars pass by the property each day. Being suspicious that this figure is might be a bit high, the management of the motel chain conducts its own study and obtains a mean of 4,038 cars per day and a standard deviation of 512 cars per day for observati ...
... that during the summer months on the average 4200 cars pass by the property each day. Being suspicious that this figure is might be a bit high, the management of the motel chain conducts its own study and obtains a mean of 4,038 cars per day and a standard deviation of 512 cars per day for observati ...
MIS2502: Data Analytics Descriptive Statistics
... The p-value is a number between 0 and 1. • A small p-value (typically ≤ 0.05) indicates strong evidence against the null hypothesis, so you reject the null hypothesis. • A large p-value (> 0.05) indicates weak evidence against the null hypothesis, so you fail to reject the null hypothesis. ...
... The p-value is a number between 0 and 1. • A small p-value (typically ≤ 0.05) indicates strong evidence against the null hypothesis, so you reject the null hypothesis. • A large p-value (> 0.05) indicates weak evidence against the null hypothesis, so you fail to reject the null hypothesis. ...
Statistics 101
... This is called one-sided because we are interested only in deviations from the null hypothesis in one direction. ...
... This is called one-sided because we are interested only in deviations from the null hypothesis in one direction. ...