This preview shows page 1. Sign up to view the full content.
Unformatted text preview: The process of executing the above test of hypothesis at level of significance using CI is as follows: 1. Ignore the claimed value in the null hypothesis, for the time being. 2. Construct a 100(1- )% confidence interval based on the available data. 3. If the constructed CI does not contain the claimed value, then there is enough evidence to reject the null hypothesis; otherwise, there is no reason to reject the null hypothesis....
View Full Document
This note was uploaded on 10/06/2011 for the course ECO 6416 taught by Professor Staff during the Spring '08 term at University of Central Florida.
- Spring '08