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A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 56 nonprofitorganizations, the meanone-time gift
A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 56 nonprofitorganizations, the meanone-time gift donation in the past year was $75, with a standard deviation of $15.
a.
If you test the null hypothesis at the 0.05 level ofsignificance, is there evidence that the meanone-time gift donation is greater than $70?
b.
Interpret the meaning of thep-value in this problem.
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