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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Assignment 6
Directions: Please provide all answers using complete sentences. You are required to
show your work on any item that involves calculations.
1. Below is a list of the top nine longest serving U.S. Supreme Court Justices, along with the current
Chief Justice of the court:
Name
William O. Douglas
Stephen Johnson Field
John Paul Stevens
John Marshall
Hugo Black
John Marshall Harlan
William J. Brennan
Joseph Story
James Moore Wayne
John Roberts Length of Service (in years)
36
34
34
34
34
33
33
33
32
11 Please provide the following information (1 pt. each):
a. M years of service
b. SD years of service
c. Probability of observing the term length of John Roberts 2. Please briefly explain what a power analysis is and why it is conducted.
3. What is standard error of the mean (SEM)? Please briefly describe whether it is better to have a
large or small SEM, and why. 4. Using variables of your choice, please provide one specific original (i.e., something discussed
neither in class nor the textbook) example of both a null and an alternative hypothesis. Please
include the scientific notation for each hypothesis in your answer. (2 points) 5. With respect to significance testing, please explain the difference between a Type I and Type II
error. 6. If the calculated p-value for a given significance test is greater than .05 we _________ the null; if
the calculated value of a significance test is equal to or greater than the critical value for that
significance test, we _________ the null. (Both answers must be correct to earn full credit) 7. Please explain the difference between a one-tailed and a two-tailed test of significance (Tip:
Although you are not required to do so, feel free to sketch a picture to complement your answer).
When it comes to significance testing, which is more statistically rigorous? Why?
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