9.21 The accounts of a corporation show that, on average, accounts payable are $125.32. An auditor checked
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9.21 The accounts of a corporation show that, on average, accounts payable are $125.32. An auditor checked a random sample of 16 of these accounts. The sample mean was $131.78 and the sample standard deviation was $25.41. Assume that the population distribution is normal. Test at the 5% significance level against a twosided alternative the null hypothesis that the population mean is $125.32.
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Related Book For
Essential Mathematics And Statistics For Science
ISBN: 9780470694480
2nd Edition
Authors: Graham Currell, Dr. Antony Dowman
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