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Archive for the ‘Business – Inferential’ Category

Chapter 12 & 13 Questions

Problem Scenario 1: write out 7 steps for all hypothesis tests

The following is a problem description. Use the mean & variance provided to answer the questions which follow, showing all calculations BY HAND. For all hypothesis tests, you MUST show all 7 steps we have been using and use the CRITICAL VALUE METHOD to make your decision.  Treat each question as a separate problem -- we use the same data set but are answering different research questions.

Fitness Training
There are different approaches to fitness training. To judge which one of two approaches is better, 200 twenty-five-year-old men are randomly selected to participate in an experiment. For four weeks, 100 men are trained by Approach 1 while the other 100 men are trained by Approach 2.  The improvement in fitness was measured for each man and the statistics shown below were computed. The measurements are known to be normally distributed.

NOTE: use ONLY the Critical Value method for hypot
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