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A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 53 nonprofit organizations, the mean
A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of
53
nonprofit organizations, the mean one-time gift donation in the past year was
$80,
with a standard deviation of
$14.
If you test the null hypothesis at the
0.05
level of significance, is there evidence that the mean one-time gift donation is greater than
$75?
b.Interpret the meaning of the p-value in this problem.
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