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 50 nonprofit organizations, the mean one-time gift do-nation in the past year was $62, 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 $60?
b. Interpret the meaning of the p-value in this problem.
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

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

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