Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Suppose you are testing the following hypothesis: Ho: = 1,000 (the population mean is 1,000) Ha: 1,000 (the population mean is not 1,000) A

1. Suppose you are testing the following hypothesis:

Ho: = 1,000 (the population mean is 1,000)

Ha: 1,000 (the population mean is not 1,000)

A random sample of size is 84 is taken from the target population. The sample mean is 975. The significance level is set at 0.05.

Should you reject the Ho?

2. Suppose you are testing the following hypothesis:

Ho: 4,000

Ha: < 4,000

A random sample of size is 16 is taken from the target population. The sample mean is 3,920 and the sample standard deviation is 200. The significance level is set at 0.01.

Assume that the values in the population are normally distributed.

Should you reject the Ho?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trigonometry

Authors: Cynthia Y Young

5th Edition

1119820928, 9781119820925

More Books

Students also viewed these Mathematics questions

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago