Consider Ho: = 72 versus H1: > 72. A random sample of 16 observations taken
Question:
a. Calculate the p-value.
b. Considering the p-value of part a, would you reject the null hypothesis if the test were made at a significance level of .01?
c. Considering the p-value of part a, would you reject the null hypothesis if the test were made at a significance level of .025?
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