Consider the following hypothesis test: H0: u = 15 H: u 15 a Sample of 50
Question:
Consider the following hypothesis test:
H0: u = 15
Hα: u ≠ 15
a Sample of 50 provided a sample mean of 14.15. The population standard deviation is 3.
a. Compute the value of the test statistic.
b. What is the p-value?
c. At a = .05, what is your conclusion?
d. What is the rejection rule using the critical value? What is your conclusion?
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a b Because z 0 pvalue is two times the lower ...View the full answer
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Related Book For
Statistics For Business & Economics
ISBN: 9781305585317
13th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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