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The difference between the actual game outcome and the point spread established by oddsmakers, the point-spread error, was calculated for 250 games. The results are
The difference between the actual game outcome and the point spread established by oddsmakers, the point-spread error, was calculated for 250 games. The results are summarized by i = - 0.2 and s =1445, Suppose the researcher wants to know whether the true standard deviation of the point-spread errors exceeds 15. Conduct the analysis using or = 0.10. E) State the null and alternative hypotheses. Choose the correct answer below. A- H0:225 162:15 '23 De H0:<:2 ha:o h0:62="15" f- h0162="225" h3262>15 Ha:52#225 Calculate the value of the test statistic. 12 = (Round to four decimal places as needed.) Calculate the p-value. p-value = (Round to four decimal places as needed.) Make the appropriate conclusion. Choose the correct answer below. a) A. Do not reject Ho. There is insufcient evidence to indicate that the true standard deviation of the point-spread errors exceeds 15 for (x = 0.10. B. Do not reject H0. There is sufficient evidence to indicate that the true standard deviation of the point-spread errors exceeds 15 for 01 = 0.10. {:5 C. Reject H0. There is insufficient evidence to indicate that the true standard deviation of the point-spread errors exceeds 15 for (x = 0.10. D. Reject H0. There is sufficient evidence to indicate that the true standard deviation of the point-spread errors exceeds 15 for (x = 0.10
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