Consider the e billing case The mean and the standard deviation of the sample of 65 payment times are 18 1077 and 3 9612, respectively (1) Test H0 19 5 versus Ha 19 5 by setting a equal to 01 and using a critical value rule (2) Interpret the (computer calculated) p value of 0031 for the test That i...

1 1 State the Hypotheses and what each represents H 0 195 there is no improvement with the new billi ...

Consider the e- billing case. The mean and the standard deviation of the sample of 65 payment

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Consider the e- billing case. The mean and the standard deviation of the sample of 65 payment times are 18.1077 and 3.9612, respectively.

(1) Test H0: μ < 19.5 versus Ha: μ < 19.5 by setting a equal to .01 and using a critical value rule.

(2) Interpret the (computer calculated) p-value of .0031 for the test. That is, explain how much evidence there is that H0 is false.

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Essentials Of Business Statistics

ISBN: 9780078020537

5th Edition

Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or

Question Posted: May 28, 2015 10:36 AM

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Consider the e- billing case. The mean and the standard deviation of the sample of 65 payment

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Essentials Of Business Statistics

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