A psychology student conducted a study on using a chief executive officer's facial structure to predict a firm's financial performance. The facial width-to-height ratio (WHR) for each in a sample of 60 CEOS at publicly traded firms was determined. The sample resulted in x = 2.06 and s = 0.40. The student wants to predict the financial performance of a firm based on the value of the true mean facial WHR of CEOS. The student wants to use the value of u = 2.2. Do you recommend he use this value? Conduct a test of hypothesis for u to help you answer the question. Specify all the elements of the test, including Ho, Hạ, test statistic, p-value, and your conclusion. Test at a = 0.01. ..... What are the null and alternative hypotheses? O A. Ho: Ho #2.2 Ha: Ho = 2.2 О В. Но: Но 3 2.2 Ha: Ho #2.2 О С. Но: но S 2.2 Hạ: Ho > 2.2 O D. Ho: Ho 22.2 Ha: Ho <2.2 What is the value of the test statistic? z= (Round to two decimal places as needed.) Find the p-value. p-value = (Round to three decimal places as needed.) What is the appropriate conclusion at a = 0.01? O A. Do not reject Ho. There is sufficient evidence to conclude the true mean facial WHR is not 2.2. B. Reject Hn. There is sufficient evidence to conclude that the true mean facial WHR is not 2.2. O C. Do not reject Ho. There is insufficient evidence to conclude the true mean facial WHR is not 2.2. O D. Reject Họ. There is insufficient evidence to conclude that the true mean facial WHR is not 2.2.
A psychology student conducted a study on using a chief executive officer's facial structure to predict a firm's financial performance. The facial width-to-height ratio (WHR) for each in a sample of 60 CEOS at publicly traded firms was determined. The sample resulted in x = 2.06 and s = 0.40. The student wants to predict the financial performance of a firm based on the value of the true mean facial WHR of CEOS. The student wants to use the value of u = 2.2. Do you recommend he use this value? Conduct a test of hypothesis for u to help you answer the question. Specify all the elements of the test, including Ho, Hạ, test statistic, p-value, and your conclusion. Test at a = 0.01. ..... What are the null and alternative hypotheses? O A. Ho: Ho #2.2 Ha: Ho = 2.2 О В. Но: Но 3 2.2 Ha: Ho #2.2 О С. Но: но S 2.2 Hạ: Ho > 2.2 O D. Ho: Ho 22.2 Ha: Ho <2.2 What is the value of the test statistic? z= (Round to two decimal places as needed.) Find the p-value. p-value = (Round to three decimal places as needed.) What is the appropriate conclusion at a = 0.01? O A. Do not reject Ho. There is sufficient evidence to conclude the true mean facial WHR is not 2.2. B. Reject Hn. There is sufficient evidence to conclude that the true mean facial WHR is not 2.2. O C. Do not reject Ho. There is insufficient evidence to conclude the true mean facial WHR is not 2.2. O D. Reject Họ. There is insufficient evidence to conclude that the true mean facial WHR is not 2.2.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
Related questions
Question
100%
Transcribed Image Text:A psychology student conducted a study on using a chief executive officer's facial structure to predict a firm's financial performance. The facial width-to-height ratio
(WHR) for each in a sample of 60 CEOS at publicly traded firms was determined. The sample resulted in x = 2.06 and s = 0.40. The student wants to predict the
financial performance of a firm based on the value of the true mean facial WHR of CEOS. The student wants to use the value of u = 2.2. Do you recommend he use this
value? Conduct a test of hypothesis for u to help you answer the question. Specify all the elements of the test, including Ho, Ha, test statistic, p-value, and your
%3D
conclusion. Test at a = 0.01.
What are the null and alternative hypotheses?
A. Ho: Ho + 2.2
В. Но: Но 3D2.2
Hạ: Ho = 2.2
Ha: Ho # 2.2
O C. Ho: Ho s2.2
Ha: Ho > 2.2
D. Ho: Ho 2 2.2
Ha: Ho <2
What is the value of the test statistic?
(Round to two decimal places as needed.)
Find the p-value.
p-value
(Round to three decimal places as needed.)
%3D
What is the appropriate conclusion at a = 0.01?
O A. Do not reject Ho. There is sufficient evidence to conclude the true mean facial WHR is not 2.2.
B. Reject Ho: There is sufficient evidence to conclude that the true mean facial WHR is not 2.2.
C. Do not reject Ho. There is insufficient evidence to conclude the true mean facial WHR is not 2.2.
D. Reject Ho: There is insufficient evidence to conclude that the true mean facial WHR is not 2.2.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill