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An IRS representative claims that the average tax deduction for medical care is $1,250, and assume that this variable is normally distributed. A taxpayer who
An IRS representative claims that the average tax deduction for medical care is $1,250,
and assume that this variable is normally distributed. A taxpayer who believes that the
deduction might be less than $1,250 decides to randomly sample 12 families who have
an average deduction of $934 with a standard deviation of $400. What is the value of the
pvalue?
*A. Below 0.01
B. Between 0.01 and 0.025
C. Between 0.025 and 0.05
D. Between 0.05 and 0.10
E. Above 0.10
Explain please
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