Basis for a statistical decision


Discussion:

Q1. A batting average of .400 hasn't been attained for about 70 years. Go to the Baseball data set and compute the 99% CI interval for batting means statistically regarding the difficulty of hitting. Review the attachment for a datset

Q2. Suppose that you were a consumer advocate. Give a scenario of what a company is claiming about their product. Give sample summary data for the mean and std dev for the parameter in question that you have collected to statistically challenge their claim. State your hypotheses, the level of sig that you will use to challenge the claim, the test statistic that you will use and the basis for your statistical decision. Give the numerical result and what this means in terms of what the company claimed.

Attachment:- dataset info.rar

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Basis for a statistical decision
Reference No:- TGS01896778

Now Priced at $25 (50% Discount)

Recommended (96%)

Rated (4.8/5)