A decision maker wishes to test the following null and alternative hypotheses using an alpha level equal
Question:
A decision maker wishes to test the following null and alternative hypotheses using an alpha level equal to 0.05:
H0: m1 m2 0 HA: m1 m2 0 The population standard deviations are assumed to be known. After collecting the sample data, the test statistic is computed to be z 1.78
a. Using the test statistic approach, what conclusion should be reached about the null hypothesis?
b. Using the p-value approach, what decision should be reached about the null hypothesis?
c. Will the two approaches (test statistic and p-value)
ever provide different conclusions based on the same sample data? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780136121015
8th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith
Question Posted: