SU_BUS3059_W3_A3_Butler_J

SU_BUS3059_W3_A3_Butler_J - Whats the alternative...

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Current Ratios BUS 3059 By: Jenni Butler 1. 84 Lumber 1.95:1
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2. A.J. Wright 1.60:1 3. Abe books 1.35:1 4. A. C. Moore 13.97:1 5. A Buck or Two 1.89:1 6. 1.67:1 7. Acme Fresh Market 2.88:1 8. After Hours Formal Wear 12.62:1 9. Amazon.com 14.81:1 10. Ann Taylor 1.92:1 11. Argos 3.26:1 12. Ark Clothing 1.22:1 13. AutoZone 1.67:1 14. 1.55:1 15. Barnes and Noble 3.52:1 Is the average current ratio for the sample of 15 firms greater than 2.0? Yes, the average current ratio for the sample of the 15 firms is greater than 2.0. What’s the null hypothesis for this hypothesis test? The null hypothesis for this test would be that I predict the average current ratio to be greater than 2.0.
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Unformatted text preview: Whats the alternative hypothesis for this hypothesis test? The alternative hypothesis for this test would be that the average current ratio is below 2.0. Choose at least three different significance levels to conduct the hypothesis test. Is it possible that a Type I error occurred with the hypothesis test? Why or why not? I do not see that a type one error occurred because the null hypothesis was not reject. Is it possible that a Type II error occurred? Why or why not? I do not believe a type II error occurred because while the null hypothesis was accepted it is true....
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SU_BUS3059_W3_A3_Butler_J - Whats the alternative...

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