A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 55 nonprofit organizations, the mean one- time gift do-nation in the past year was $ 75, with a standard deviation of $ 9.

a. If you test the null hypothesis at the 0.01 level of significance, is there evidence that the mean one- time gift donation is greater than $ 70?

b. Interpret the meaning of the p- value in this problem.

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Business Statistics A First Course

ISBN: 9780321979018

7th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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Question Posted: Jul 16, 2015 07:33 PM

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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

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PHStat output a H 0 70 H 1 70 Decision rule If the pvalue 001 reject H ...View the full answer

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