STATISTICAL INFERENCE: MAKING DATA-DRIVEN DECISIONS - ONE AND TWO-TAILED TESTS - Two-Tailed Tests for Means
5 important questions on STATISTICAL INFERENCE: MAKING DATA-DRIVEN DECISIONS - ONE AND TWO-TAILED TESTS - Two-Tailed Tests for Means
*How are you gonna decide if you will use means or proportions?
True or False. A z-score converts a sample mean into a place on the standard normal distribution.
True or False. When our z-statistic does not put our result in the pre-defined rejection region, we have to say that the results are inclusive.
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- True or False. One-tailed test is more conservative than the two-tailed test.
How do you identify if you will choose reject or fail to reject a Ho? If your critical value is lower (at the left side) of your z statistics, you reject, and if it is higher (at the right side), you fail to reject Ho.
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