1. In any hypothesis test, the value that represents all the sample information
ID: 3295848 • Letter: 1
Question
1. In any hypothesis test, the value that represents all the sample information is the A Critical Value B Test Statistic C Confidence Level D Significance Level 2. In any hypothesis test, the value that represents the minimum amount of "evidence" to reject the null hypothesis is the A Critical Value B Test Statistic C Confidence Level D Significance Level 3. In any hypothesis test, the value that represents the probability that your conclusion is incorrect if you concluded that the null hypothesis is rejected is the A Critical Value B Test Statistic C Confidence Level D Significance Level 4. The three pieces of information that is required to conduct either a hypothesis test or calculate a confidence interval are the value of the statistic, the sample size and the A probability distribution of the statistic B value of the parameter C the value of the independent variable D the value of the dependent variable 5. A confidence interval is computed in order to A find the exact value of a parameter with complete certainty B estimate the value of a parameter within a certain degree of probability C find the exact value of a statistic with complete certainty D estimate the value of a statistic within a certain degree of probability A marketing researcher would like to determine if there is a causal association between the type of payment system a consumer uses and the satisfaction of a product purchased. The researcher designs an experiment to gather data on the variables "type of payment system" and "product satisfaction". The researcher did not account, however, for the type of product purchased, the environment in which the product was purchased or the price of the product purchased. Past research has shown that these variables are related to product satisfaction. Furthermore, past research has shown that "type of payment system" is causally related with the type of product purchased. Use this information to answer questions 6 to 10.Explanation / Answer
Ans:1)test statistic
2)critical value
3)Significance level
4)probability distribution of statistic
5)estimate the value of the parameter within certain degree of probability.
6)type of payment system
7)product satisfication
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