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Table 5—t-Distribution c-confidence interval Left-tailed test Right-tailed test Two-tailed test Level of confidence, c 0.80 0.90 0.95 0.98 0.99 One tail,α 0.10 0.05 0.025 0.01 0.005 d.f. Two tails,α...

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Table 5—t-Distribution
c-confidence interval
Left-tailed test
Right-tailed test
Two-tailed test
     
    Level of confidence, c
    0.80
    0.90
    0.95
    0.98
    0.99
     
    One tail,α
    0.10
    0.05
    0.025
    0.01
    0.005
    d.f.
    Two tails,α
    0.20
    0.10
    0.05
    0.02
    0.01
    1
     
    3.078
    6.314
    12.706
    31.821
    63.657
    2
     
    1.886
    2.920
    4.303
    6.965
    9.925
    3
     
    1.638
    2.353
    3.182
    4.541
    5.841
    4
     
    1.533
    2.132
    2.776
    3.747
    4.604
    5
     
    1.476
    2.015
    2.571
    3.365
    4.032
    6
     
    1.440
    1.943
    2.447
    3.143
    3.707
    7
     
    1.415
    1.895
    2.365
    2.998
    3.499
    8
     
    1.397
    1.860
    2.306
    2.896
    3.355
    9
     
    1.383
    1.833
    2.262
    2.821
    3.250
    10
     
    1.372
    1.812
    2.228
    2.764
    3.169
    11
     
    1.363
    1.796
    2.201
    2.718
    3.106
    12
     
    1.356
    1.782
    2.179
    2.681
    3.055
    13
     
    1.350
    1.771
    2.160
    2.650
    3.012
    14
     
    1.345
    1.761
    2.145
    2.624
    2.977
    15
     
    1.341
    1.753
    2.131
    2.602
    2.947
    16
     
    1.337
    1.746
    2.120
    2.583
    2.921
    17
     
    1.333
    1.740
    2.110
    2.567
    2.898
    18
     
    1.330
    1.734
    2.101
    2.552
    2.878
    19
     
    1.328
    1.729
    2.093
    2.539
    2.861
    20
     
    1.325
    1.725
    2.086
    2.528
    2.845
    21
     
    1.323
    1.721
    2.080
    2.518
    2.831
    22
     
    1.321
    1.717
    2.074
    2.508
    2.819
    23
     
    1.319
    1.714
    2.069
    2.500
    2.807
    24
     
    1.318
    1.711
    2.064
    2.492
    2.797
    25
     
    1.316
    1.708
    2.060
    2.485
    2.787
    26
     
    1.315
    1.706
    2.056
    2.479
    2.779
    27
     
    1.314
    1.703
    2.052
    2.473
    2.771
    28
     
    1.313
    1.701
    2.048
    2.467
    2.763
    29
     
    1.311
    1.699
    2.045
    2.462
    2.756
    30
     
    1.310
    1.697
    2.042
    2.457
    2.750
    31
     
    1.309
    1.696
    2.040
    2.453
    2.744
    32
     
    1.309
    1.694
    2.037
    2.449
    2.738
    33
     
    1.308
    1.692
    2.035
    2.445
    2.733
    34
     
    1.307
    1.691
    2.032
    2.441
    2.728
    35
     
    1.306
    1.690
    2.030
    2.438
    2.724
    36
     
    1.306
    1.688
    2.028
    2.434
    2.719
    37
     
    1.305
    1.687
    2.026
    2.431
    2.715
    38
     
    1.304
    1.686
    2.024
    2.429
    2.712
    39
     
    1.304
    1.685
    2.023
    2.426
    2.708
    40
     
    1.303
    1.684
    2.021
    2.423
    2.704
    45
     
    1.301
    1.679
    2.014
    2.412
    2.690
    50
     
    1.299
    1.676
    2.009
    2.403
    2.678
    60
     
    1.296
    1.671
    2.000
    2.390
    2.660
    70
     
    1.294
    1.667
    1.994
    2.381
    2.648
    80
     
    1.292
    1.664
    1.990
    2.374
    2.639
    90
     
    1.291
    1.662
    1.987
    2.368
    2.632
    100
     
    1.290
    1.660
    1.984
    2.364
    2.626
    500
     
    1.283
    1.648
    1.965
    2.334
    2.586
    1000
     
    1.282
    1.646
    1.962
    2.330
    2.581
    ∞
     
    1.282
    1.645
    1.960
    2.326
    2.576
The critical values in Table 5 were generated using Excel.

Unit VII Assignment: Hypothesis Testing for College Tuition Cost
In this assignment, you will be using inferential statistics to determine if a claim about college tuition cost is accurate.
According to the College Board’s website, the average tuition cost per year for a public four-year college (in-state cost) is $10,230.
A) Assume that you disagree with the claim. Do you think the average tuition cost is higher? Or lower?
The cost is higher.
B) Using your answer in part A, write a set of hypotheses (null hypothesis and alternative hypothesis) to represent that claim and its complement. Replace the ?s below with the appropriate inequality signs (). Highlight the hypothesis that represents your claim.
C) Gather data for tuition cost of 20 different universities. Assume the data you gather is normally distributed.How to Create your data set:
Follow the directions to fill in the table below with 20 college’s tuition costs.
· Navigate to https:
www.collegetuitioncompare.com/compare/tables
· In the drop down menus, ONLY select School Type as “Public School” and School Level as “4 year or higher.” Leave the rest of the drop down menus as is. Then select “update.”
· Scroll down to the bottom of the list and for “Number of schools to show,” select “All.”
· The list given will be in alphabetical order. You will be selecting 20 college tuition costs from this list. Do NOT just use the first 20 entries or even 20 consecutive entries. You will need to randomly select 20 entries from the entire list. Try to make sure you have a good range of tuition costs as well.
· Write the tuition cost from the first column, “Tuition & Fees / In-State” for that college in the table below.
    3565
    3950
    7410
    4029
    3505
    11796
    2830
    7439
    12620
    11149
    3957
    4900
    4740
    11814
    8400
    9536
    3683
    10440
    12330
    12445
D) Calculate the mean and standard deviation of your data set. You may use technology such as Google Sheets, Excel, or a TI-83/TI-84. Round to the nearest hundredth.
Mean _______7526.9_____ XXXXXXXXXXStandard Deviation _____3680.5___________________
E) Using a significance level , find the critical value using the following steps.
1. What are the degrees of freedom?

2. Will this be a one-tailed or two tailed test?
3. Using table 5 from the back of your textbook (page A18 in Appendix B), what is the critical value?
F) Add the critical values to the graph below and shade the rejection region.
(Special Instruction: For this part, it is recommended that you do this by hand. You can print out this page and use the image below as a template to write on or you can create a handwritten normal curve. Take a photo of your graph and replace the image below with it. If you need any technical assistance with this process, please email Waldorf’s tech support.)
G) Calculate the test statistic. Replace the ?s in the formula with the appropriate values. Round to the nearest hundredth.
H) Add the test statistic to your graph from part F, and insert the image below.
I) What is the P-value? View the video Hypothesis Testing for the Mean (Sigma Unknown) Part II to learn how to use Google Sheets to calculate the P-value of a t-test (transcript for Hypothesis Testing for the Mean (Sigma Unknown) Part II video).
J) Make a decision to reject or fail to reject the null hypothesis using either the test statistic or the P-value. Note that the same conclusion will be reached using either method.
K) Interpret the decision in the context of the original claim.
L) If you lower the level of significance to , does your decision change? Explain your reasoning.
M) Describe the type I and type II e
ors that could occur in our test by completing each of the following statements.
· A ____________ (type I, type II) e
or will occur when the actual mean of college tuition cost is ______________ (at most, at least) $10,230 but you reject the null hypothesis, .
· A ____________ (type I, type II) e
or will occur when the actual mean of college tuition cost is ______________ (less than, greater than) $10,230 but you fail to reject the null hypothesis, .
Answered Same Day Jan 30, 2022

Solution

Pooja answered on Jan 31 2022
107 Votes
Unit VII Assignment: Hypothesis Testing for College Tuition Cost
In this assignment, you will be using inferential statistics to determine if a claim about college tuition cost is accurate.
According to the College Board’s website, the average tuition cost per year for a public four-year college (in-state cost) is $10,230.
A) Assume that you disagree with the claim. Do you think the average tuition cost is higher? Or lower?
The cost is higher.
B) Using your answer in part A, write a set of hypotheses (null hypothesis and alternative hypothesis) to represent that claim and its complement. Replace the ?s below with the appropriate inequality signs (). Highlight the hypothesis that represents your claim.
C) Gather data for tuition cost of 20 different universities. Assume the data you gather is normally distributed.How to Create your data set:
Follow the directions to fill in the table below with 20 college’s tuition costs.
· Navigate to https:
www.collegetuitioncompare.com/compare/tables
· In the drop down menus, ONLY select School Type as “Public School” and School Level as “4 year or higher.” Leave the rest of the drop down menus as is. Then select “update.”
· Scroll down to the bottom of the list and for “Number of schools to show,” select “All.”
· The list given will be in alphabetical order. You will be selecting 20 college tuition costs from this list. Do...
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