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Mathematics, 04.12.2019 04:31 kyzerlinda
In what follows use any of the following tests/procedures: regression, multiple regression, confidence intervals, one sided t-test or two sided t-test. all the procedures should be done with 5% p-value or 95% confidence interval. some answers are approximated, choose the most appropriate answer. open wages data. setup: is it true that married people have higher wages? given job is to confirm or disprove this assertion. i. what test/procedure did you perform? (6.66 points)a. one sided t-testb. two sided t-testc. regressiond. confidence intervalii. statistical interpretation? (6.66 points)a. since p-value is small we are confident that the slope is not zero. b. since p-value is small we are confident that the averages are different. c. since p-value is too large the test is inconclusive. d. none of these. iii. conclusion? (6.66 points)a. yes, we can confirm the assertion. b. no, we cannot confirm the assertion.
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