Suppose Wall Street securities firms paid out year-end bonuses of $125,500 per employee last year. We take a sample of employees at the ASBE securities firm to see whether the mean year-end bonus is greater thanthe reported mean of $125,500 for the population. You wish to test the following claim (HaHa) at a significance level of =0.01=0.01. Ho:=125500Ho:=125500 Ha:>125500Ha:>125500 You believe the population is normally distributed and you know the standard deviation is =1100=1100. You obtain a sample mean of x=125951.7x=125951.7 for a sample of size n=57n=57. What is the test statistic for this sample? test statistic = (Report answer accurate to 3 decimal places.) What is the p-value for this sample? p-value = (Report answer accurate to 4 decimal places.) The p-value is...

• less than (or equal to)
• greater than

This test statistic leads to a decision to...

• reject the null
• accept the null
• fail to reject the null

As such, the final conclusion is that...

• There is sufficient evidence to warrant rejection of the claim that the population mean is greater than 125500.
• There is not sufficient evidence to warrant rejection of the claim that the population mean is greater than 125500.
• The sample data support the claim that the population mean is greater than 125500.
• There is not sufficient sample evidence to support the claim that the population mean is greater than 125500.