Ec-54 - 2 3 In your teams find the letter for each item The top graph is the confidence interval the bottom one is the hypothesis test Letters may

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 April 23, 2009 It is E370 Time!!! Announcements WarmUps Questions Today’s Goals: You should be able to tell the difference between a Null and an Alternative Hypothesis. compare and contrast a confidence interval to a hypothesis test. correctly write hypotheses. explain the order of steps in a hypothesis test. Next Time Announcements Pre-Lab Quiz Due Dates Re-set Chapter 10: April 9 or 10 Chapter 11: April 23 or 24 Pre-Lab Quiz Chapter 10, question 4 This requires a sample size, so use n=9. Don’t forget the Homework Manager Assignment. Please note, when you have submitted your answer, Homework Manager will tell you that you only have one point, but we all know better. Hypotheses: In your teams, compare and contrast Null Hypotheses and Alternative Hypotheses. Be prepared to share. Null Alternative
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2 3 In your teams, find the letter for each item. The top graph is the confidence interval, the bottom one is the hypothesis test. Letters may be reused and more than one letter may apply to a concept. Hypothesis Test Confidence Interval Hypothesized Value Level of Confidence Test Statistic Alpha Critical Value(s) Critical Value(s) Level of Significance Point Estimate Rejection Region(s) Margin of Error Non-Rejection Region The Interval p-value Upper Limit Lower Limit WarmUps Questions How is a critical value like a "threshold"? Be specific about the visual analogy. In a criminal trial in the United States what is analogous to the "critical value?" Why? In a criminal trial in the United States what is analogous to the "test statistic?" Why?...
View Full Document

This note was uploaded on 04/19/2011 for the course ECON 200 taught by Professor Staff during the Winter '09 term at Indiana.

Page1 / 3

Ec-54 - 2 3 In your teams find the letter for each item The top graph is the confidence interval the bottom one is the hypothesis test Letters may

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online