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A population has a mean 50. A sample of 70 objects was taken, and was found to have a mean of 48.2 and standard deviation
A population has a mean 50. A sample of 70 objects was taken, and was found to have a mean of 48.2 and standard deviation of 6.37. At a 2% level of significance, is there evidence the mean should decreased?
A) What type of test is this (left-tailed, right-tailed, or two-tailed)? ANSWER: L or R or 2
B) Calculate the p-value. ANSWER to 4 decimals. Calaculate with EXCEL only
C) Is there enough evidence to reject the null hypothesis? ANSWER Y or N
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