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Consider Ho: //= 27 versus H1: /#27. A random sample of 36 observations taken from this population produced a sample mean of 23.48. The population
Consider Ho: //= 27 versus H1: /#27. A random sample of 36 observations taken from this population produced a sample mean of 23.48. The population is normally distributed with o = 10. Note: Use Table IV in Appendix C to compute the probabilities. (a) Calculate the p-value. Round the answer to four decimal places. p-value = (b) Considering the p-value of part (a), would you reject the null hypothesis if the test were made at the significance level of 0.05? Reject the null hypothesis. (c) Considering the p-value of part (a), would you reject the null hypothesis if the test were made at the significance level of 0.01? Do not reject the null hypothesis
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