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The P-value for the test in Question 5 is 0.0087. A correct interpretation of this result is that

(a) the probability that there is no linear relationship between an average number of putts per hole and total winnings for these 69players is 0.0087.

(b) the probability that there is no linear relationship between the average number of putts per hole and total winnings for all players on the PGA Tour’s world money list is 0.0087.

(c) if there is no linear relationship between an average number of putts per hole and total winnings for the players in the sample, the probability of getting a random sample of 69players yields a least-squares regression line with a slope of -4139198or less is 0.0087.

(d) if there is no linear relationship between an average number of putts per hole and total winnings for the players on the PGA Tour’s world money list, the probability of getting a random sample of 69 players yields a least-squares regression line with a slope of -4139198or less is 0.0087.

(e) the probability of making a Type II error is0.0087.

Short Answer

Expert verified

A correct interpretation of this result is the option (d) if there is no linear relationship between an average number of putts per hole and total winnings for the players on the PGA Tour’s world money list, the probability of getting a random sample of 69 players yields a least-squares regression line with a slope of -4139198or less is0.0087 .

Step by step solution

01

Given information

Given in the question that, the Pvalue for the test is 0.0087.

We have to find the correct interpretation of the result.

02

Explanation

The given data is

H0:β=0

Ha:β<0

The P-value is the probability of obtaining the value of the test statistic, or a value more extreme if the null hypothesis is true.

The statement refers to a population and not to a sample.

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Most popular questions from this chapter

Suppose a name-brand drug has been deemed effective for reducing hypertension (high blood pressure). The developing company gets to keep a patent on the drug for a specific period of time before other companies can develop a generic form of the drug. Suppose the patent period is about to expire, and another company produces a generic version of this drug. The Food and Drug Administration (FDA) wants to know whether the generic drug is at least as effective as the name-brand drug in reducing blood pressure.

The following hypotheses will be used:

H0:μg=μnvs Ha:μg<μn

where

μg=true mean reduction in blood pressure using the generic drug

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(b) The FDA finds sufficient evidence that the generic drug does not reduce blood pressure as much as the namebrand drug when, in fact, it does.

(c) The FDA finds sufficient evidence that the generic drug does reduce blood pressure as much as the namebrand drug when, in fact, it does not.

(d) The FDA finds sufficient evidence that the generic drug does reduce blood pressure as much as the namebrand drug when, in fact, it does.

(e) The FDA does not find sufficient evidence that the generic drug is as effective in reducing blood pressure as the name-brand drug when, in fact, it is.

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