document.write( "Question 288027: At Oxnard University, a sample of 18 senior accounting majors showed a mean cumulative GPA of 3.35 with a standard deviation of 0.25. (a) At α = .05 in a two-tailed test, does this differ significantly from 3.25 (the mean GPA for all business school seniors at the university)? (b) Use the sample to construct a 95 percent confidence interval for the mean. Does the confidence interval include 3.25? (c) Explain how the hypothesis test and confidence interval are equivalent. \n" ); document.write( "
Algebra.Com's Answer #208901 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! At Oxnard University, a sample of 18 senior accounting majors showed a mean cumulative GPA of 3.35 with a standard deviation of 0.25. \n" ); document.write( "--------------------------------------- \n" ); document.write( "(a) At α = .05 in a two-tailed test, does this differ significantly from 3.25 (the mean GPA for all business school seniors at the university)? \n" ); document.write( "Ho: u = 3.25 \n" ); document.write( "Ha: u is not equal to 3.25 \n" ); document.write( "--- \n" ); document.write( "Critical Values for 2-tail T-test with alpha = 5%: \n" ); document.write( "+-invT(0.975 with df = 17) = +-2.1098 \n" ); document.write( "------------------------- \n" ); document.write( "Test statistic: \n" ); document.write( "t(3.35) = (3.35-3.25)/[0.25/sqrt(18)] = 1.6971 \n" ); document.write( "----- \n" ); document.write( "Conclusion: Since the ts is not in either reject interval \n" ); document.write( "fail to reject Ho. The mean for the 18 students did not \n" ); document.write( "differ significantly from 3.25 \n" ); document.write( "============================================================= \n" ); document.write( " \n" ); document.write( "(b) Use the sample to construct a 95 percent confidence interval for the mean. Does the confidence interval include 3.25? \n" ); document.write( "sample mean: 3.35 \n" ); document.write( "standard error: 2.1098*0.25/sqrt(18) = 0.1243 \n" ); document.write( "95% CI: 3.35- 0.1243 < u < 3.35 + 0.1243 \n" ); document.write( "95% CI: 3.2257 < u < 3.4743 \n" ); document.write( "------------------------------------------- \n" ); document.write( "(c) Explain how the hypothesis test and confidence interval are equivalent. \n" ); document.write( "The CI establishes 2.1098*0.25/sqrt(18) interval to the right and \n" ); document.write( "to the left of the sample mean. \n" ); document.write( "The hypothesis test establishes a 2.1098*0.25/sqrt(18) interval \n" ); document.write( "to the right and left of the hypothesized population mean. \n" ); document.write( "================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |