Bus 310 exam 2 stuvia Study guides, Class notes & Summaries
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BUS 310 exam 2 Questions With 100% Correct Solutions
- Exam (elaborations) • 6 pages • 2023
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p-value -ANSWER P </ 0.01= very strong evidence 
0.01<P</0.05= strong 
0.05<P</ 0.10= moderate 
P> 0.10= weak to none 
 
hypothesis test of mean difference in paired populations -ANSWER p</ alpha reject the Ho in favor of Ha. 
P> alpha, do not reject Ho in favor of Ha. 
 
toolpak requires data to be unstacked -ANSWER 
 
(+,+) 
(-,-) -ANSWER is a difference, zero is not included 
 
(-,+) -ANSWER no evidence of difference, zero is included. 
 
ex: 90% interval estimate of ...
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