ECONS 391 Final: ECON 375 Western Washington 375 Final, Fall 2008
Document Summary
Please do not place your name anywhere on this exam. I will give partial credit to students who show work. This is a closed book, closed neighbors, and closed note exam. In many cases, the correct answer to a question will require a hypothesis test. When performing a hypothesis test, please list your null and alternative hypothesis, your test statistic, the critical value of the distribution, and your conclusions. Unless otherwise mentioned, all hypothesis tests should be performed at the. Partial credit will be given only if work is shown. The number of points each problem is worth appears in parenthesis. 1 resulting 5 draws are: 13, 19, 15, 10, and 13. A friend makes the claim that the true mean of the unknown distribution is equal to 16. Perform a hypothesis test at the 95% level to evaluate your friend"s comment.
