Professor Smith Completed a Study That Showed That 60 Percent

question 67

Essay

Professor Smith completed a study that showed that 60 percent of all the students who graduated from her college purchased new cars. What might explain this?

Understand the impact of sample size and standard deviation on test results.

Differentiate between one-tailed and two-tailed tests and their applications.

Understand the consequences of Type I and Type II errors in hypothesis testing.

Understand the concept of the power of a test and how it is affected by various factors.