Quiz 6 is 15 multiple-choice, 40 minutes to complete. Quiz 6 will cover the following:
Know the proper format for a Null Hypothesis. Know the proper format for an Alternative Hypothesis. Know how to state a Null and Alternative Hypothesis for business situations. Know the definition of a Type I error. Know the definition of a Type II error. Know the definition of level of significance. Know when to use a one-tail test and a two-tail test. Understand and interpret p-values. Solve Hypothesis Test for the Mean problems (population standard deviation known) - one tailed and two tailed tests. Solve Hypothesis Test for the Mean problems (population standard deviation unknown) - one tailed and two tailed tests. Solve Hypothesis Test for the Proportion problems - one tailed and two tailed tests