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Let's assume 5,000 students have taken BUS 575. Your instructor wants to see whether the last class that took BUS 575 falls within the boundaries

Let's assume 5,000 students have taken BUS 575. Your instructor wants to see whether the last class that took BUS 575 falls within the boundaries of the average of the population. The data is below.

Last Class 20 94 4
Total # of Students 5000 92 1.8

Provide answers to the following:

  1. Construct the Null and Research Hypotheses
  2. Using a level of significance of .05 and one-sample Z-test, compute the test statistic
  3. Based on your calculations, do you reject or accept the Null Hypothesis? Explain why or why not. What, if any conclusions, can be drawn.

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