Consider the following hypothesis test: H 0 : = 18 H a : 18

Question:

Consider the following hypothesis test:

H0: μ = 18

Ha: μ ≠ 18

A sample of 48 provided a sample mean x̅= 17 and a sample standard deviation s = 4.5.

a. Compute the value of the test statistic.

b. Use the t distribution table (Table 2 in Appendix B) to compute a range for the p-value.

c. At α = .05, what is your conclusion?

d. What is the rejection rule using the critical value? What is your conclusion?



Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Modern Business Statistics With Microsoft Excel

ISBN: 9780840062383

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: