QNT351 Week5 additional questions - 9591

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1.      Wk4-DQ2: Tail tests – examples:

 

Please provide an example of each type of tail tests. Include the written argument and the equations.


2.      WK4-DQ2: Critical Values – calculations

 

How can you identify what the critical values are? and, What elements are needed to calculate the test statistic (I mean you should simply identify the variables needed and their symbols)?

 


Solution Description

1.      Wk4-DQ2: Tail tests – examples: