QMB 3200 Test 2 Concepts UCF Exam
Questions And Answers
As the test statistic becomes larger, the p-value: -
correct answer ✅becomes smaller.
The probability of making a Type I error when the null hypothesis is
true as an equality is called the: -
correct answer ✅level of significance.
In hypothesis testing, the tentative assumption about the
population parameter is called: -
correct answer ✅the null hypothesis.
The p-value: -
correct answer ✅must be a number between 0 and 1.
For a two-tailed test, the p-value is the probability of obtaining a
value for the test statistic as: -
correct answer ✅unlikely as that provided by the sample.
What is the probability of making a Type I error? -
correct answer ✅𝛼
, QMB 3200 Test 2 Concepts UCF Exam
Questions And Answers
Applications of hypothesis testing that only control for the Type I
error are called: -
correct answer ✅significance tests.
Which of the following does not need to be known in order to
compute the p-value? -
correct answer ✅The level of significance.
The p-value is a probability that measures the support (or lack of
support) for the: -
correct answer ✅null hypothesis.
Whenever the probability of making a Type II error has not been
determined and controlled, only two conclusions are possible. We
either reject H0 or: -
correct answer ✅do not reject H0.
For a lower tail test, the p-value is the probability of obtaining a
value for the test statistic: -
correct answer ✅at least as small as that provided by the sample.
Questions And Answers
As the test statistic becomes larger, the p-value: -
correct answer ✅becomes smaller.
The probability of making a Type I error when the null hypothesis is
true as an equality is called the: -
correct answer ✅level of significance.
In hypothesis testing, the tentative assumption about the
population parameter is called: -
correct answer ✅the null hypothesis.
The p-value: -
correct answer ✅must be a number between 0 and 1.
For a two-tailed test, the p-value is the probability of obtaining a
value for the test statistic as: -
correct answer ✅unlikely as that provided by the sample.
What is the probability of making a Type I error? -
correct answer ✅𝛼
, QMB 3200 Test 2 Concepts UCF Exam
Questions And Answers
Applications of hypothesis testing that only control for the Type I
error are called: -
correct answer ✅significance tests.
Which of the following does not need to be known in order to
compute the p-value? -
correct answer ✅The level of significance.
The p-value is a probability that measures the support (or lack of
support) for the: -
correct answer ✅null hypothesis.
Whenever the probability of making a Type II error has not been
determined and controlled, only two conclusions are possible. We
either reject H0 or: -
correct answer ✅do not reject H0.
For a lower tail test, the p-value is the probability of obtaining a
value for the test statistic: -
correct answer ✅at least as small as that provided by the sample.
