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Need help with this problem: A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of
Need help with this problem:
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
$75
,
with a standard deviation of
$12
.
Bold a. |
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
$70
? |
Bold b. |
Interpret the meaning of the p-value in this problem. |
Question content area bottom
Part 1
a. State the null and alternative hypotheses.
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