Instruction 9-1
Microsoft Excel Was Used on a Set of Data

question 38

True/False

Instruction 9-1
Microsoft Excel was used on a set of data involving the number of parasites found in a random sample of 46 Blue Tiger butterflies captured in Kakadu National Park.A biologist wants to know if the mean number of parasites per butterfly is greater than 20.She will make her decision using a test with a level of significance of 0.10.The following information was extracted from the Microsoft Excel output for the sample of 46 butterflies:
$n = 46 ;$ Arithmetic Mean = 28.00; Standard Deviation = 25.92; Standard Error = 3.82; Null Hypothesis: $H _ { 0 } : \mu \leq 20.000 ; \alpha = 0.10 ; \mathrm { df } = 45 ; T$ Test Statistic = 2.09;
One-Tailed Test Upper Critical Value $= 1.3006 ; p$ -value $= 0.021 ;$ Decision $=$ Reject.
-Referring to Instruction 9-1,the null hypothesis would be rejected.

Analyze scenarios to identify instances of increasing and diminishing marginal returns.

Distinguish between the short-run application of the law of diminishing returns and its implications.

Relate the concepts of marginal and average products to decision-making in production.

Understand how the law of diminishing marginal returns impacts total production.

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Definitions:

Independent-Samples

Pertaining to a research design where different groups of participants are exposed to different conditions or treatments to compare outcomes.

T Value

A statistic that measures the difference between an observed sample mean and the population mean in units of standard error.

Group 1

An identifier for the first set of items or individuals in a study or comparison.

Standard Deviation

A statistic that measures the dispersion or variation of a set of values relative to their mean.