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Documente Profesional
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11.95867
-1.07806
0.1423 0.2846 Since it's two tailed test
12.02867
0.747685
0.2296 0.4592 Since it's two tailed test
11.889
-2.8951
0.0019 0.0038 Since it's two tailed test
12.08133
2.121338
0.017 0.034 Since it's two tailed test
1.408147
andard deviations are closer to .21
1.408147 1.24467
12.08133 SD= 0.206109
1.231947
Population mean = 12
n= 30
Standard deviation 0.21
Z crit = +- 2.57
If the cost of making this error Type I error is high and still if we consider
larger level of significance, then we need to pay high price for wrongly
rejecting null hypothesis.
The process which is operating satisfactorily is unnecessarily changed & the
cost of making this change is high without any improved operating process