A sample of 36 observations is selected from a normal population The sample mean is 49, and the population standard deviation is 5 Conduct the following test of hypothesis using the 05 significance level H0 50 H1 50 (a) Is this a one or two tailed test (b) What is the decision rule (c) What is the value of the test statistic (d) What is your decision regarding H0 (e) What is the p value Interpret it

Question: A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the

A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the .05 significance level.

H0: µ = 50

H1: µ ≠ 50

(a) Is this a one- or two-tailed test?

(b) What is the decision rule?

(d) What is your decision regarding H0?

(e) What is the p-value? Interpret it.

Step by Step Solution

★★★★★

3.40 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Twotailed because the alternate hypothesis does not indicate a ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

356-M-S-H-T (204).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

A sample of 250 observations is selected from a normal population for which the population standard deviation is known to be 25. The sample mean is 20. a. Determine the standard error of the mean. b....

A sample of 40 observations is selected from one population with a population standard deviation of 5. The sample mean is 102. A sample of 50 observations is selected from a second population with a...

A sample of 65 observations is selected from one population with a population standard deviation of 0.75. The sample mean is 2.67. A sample of 50 observations is selected from a second population...

SHOW YOUR WORK Question 1: A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of...

Question 1: A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the...

QUA2343 - Assignment 3 (1) - Microsoft Excel Home Insert Page Layout Formulas Data Review View Cut Calibri 11 - A" A ' CE Copy Wrap Text General E AutoSum Paste Format Painter BIUELA Fill Merge &...

A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the 0.05...

need full ans A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the...

A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the .05...

A sample of 36 observations is selected from a normal population. The sample mean is 49, and the population standard deviation is 5. Conduct the following test of hypothesis using the 0.05...

assume delft incorporation purchases $1000,2% fair market value investment on 3/1/20 with a $40000,6% 2yearsN/P(principal and interest all paid at the end of year2) and plans to hold the investment...

Discuss the role of feedback inhibition in the anabolism of purine-containing nucleotides.

There are follow arbitrage opportunities Buy Euro dollar futures. Burrow day money. Invest the burrowed for money. As a result, an interest rate can be thought of as the "cost of money" since that...

What plans of govern- ment did delegates offer at the Constitutional Convention?

A special-purpose index is to be designed to monitor the overall economy of the Southwest. Four key series were selected. After considerable deliberation, it was decided to weight retail sales 20%,...

Determine a value index for 2018 using 2010 as the base period. 2010 2018 Item Price Quantity Price Quantity Margarine (pound) Shortening (pound) Milk (2 gallon) Potato chips $0.81 18 $2.00 27 0.84...

Using the period 201012 as the base period, compute a simple index of domestic sales for each year from 2013 to 2018. Johnson & Johnson Domestic Sales International Sales ($ illion) ($ million)...

Cash fow to the waman under an interest-only loan, in which Poryi will pay the annual intecest expense each year and pay the principal back at the end of the contract What is the amount of payment...

A project will produce operating cash flows of $45,000 a year for four years. During the life of the project, inventory will be lowered by $30,000 and accounts receivable will increase by $15,000....

30. Consider the market for one-year discount bonds with standard face value of $1,000. Assume that supply and demand curves in this market are both linear, and Q$ = P 700, while demand curve passes...