Examlex

Solved

Suppose You Intend to Test the Claim That a Typical

question 7

Short Answer

Suppose you intend to test the claim that a typical high school student in Sydney spends more than $50 a week on mobile phone calls. Which hypotheses are used to test the claim?  A. H0:μ50H1:μ<50 B. H0:μ=50H1:μ50 C. H0:μ50H1:μ=50 D. H0:μ=50H1:μ>50\begin{array} { | l | l | } \hline \text { A. } & H _ { 0 } : \mu \neq 50 \\& H _ { 1 } : \mu < 50 \\\hline \text { B. } & H _ { 0 } : \mu = 50 \\& H _ { 1 } : \mu \neq 50 \\\hline \text { C. } & H _ { 0 } : \mu \neq 50 \\& H _ { 1 } : \mu = 50 \\\hline \text { D. } & H _ { 0 } : \mu = 50 \\& H _ { 1 } : \mu > 50 \\\hline\end{array}


Definitions:

Seasonal Variation

Fluctuations in data or activity levels that occur regularly based on seasonal factors, such as weather, holidays, or school schedules.

Time Series Analysis

Time Series Analysis involves statistical techniques for analyzing time series data in order to extract meaningful statistics and characteristics of the data over time.

Five-period Moving Average

A type of moving average that calculates the average of the most recent five periods or intervals, used in time series analysis to smooth data.

Time Periods

Segments or intervals into which time is divided for the purpose of analysis, observation, or measurement.

Related Questions