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Hypothesis Testing Data Set
Hypothesis Testing Data Set
Dataset
Rs 117,313
Rs 104,002 Sample mean Rs 100,200
Rs 113,038 Population std Rs 15,000 Already Known
Rs 101,936 Standard error Rs 2,739
Rs 84,560
Rs 113,136 Sample size 30
Rs 80,740
Rs 100,536
Rs 105,052
Rs 87,201
Rs 91,986
Rs 94,868
Rs 90,745
Rs 102,848
Rs 85,927
Rs 112,276
Rs 108,637
Rs 96,818
Rs 92,307
Rs 114,564
Rs 109,714
Rs 108,833
Rs 115,295
Rs 89,279
Rs 81,720
Rs 89,344
Rs 114,426
Rs 90,410
Rs 95,118
Rs 113,382
H0 (Glassdoor data) Rs 113,000
Null hypothesis at 10 % 0.05
Z -4.67376526964
z -1.64
Regected
Backgroun You are given the data from the email open rate example.
Task What if the question was: is the competitor open rate EXACTLY 40%. What would be the decision then?
Task Test at 5% significance. Comment on the decision with the appropriate statistical jargon.
Task Test at 1% significance. Comment on the decision with the appropriate statistical jargon.
Open rate Mean 38% Q: What is your Null and Alternate Hypothesis?
26% Std. Dev 0.13736
23% Std. Error 0.043437
42% H0 40% Z= -0.529502
49% 5% 0.05 Critical value 2.262 Failed to regect
23% 1% 0.01 Critical value 3.25 Failed to regect
59%
29%
29%
57%
40%
ernate Hypothesis?
Photo from facebook
If you were interested in the data from the photo - here it is.