Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data was calculated during a study on business owners.Now find the critical value(s) and sketch the rejection region in order to interpret the

The following data was calculated during a study on business owners.Now find the critical value(s) and sketch the rejection region in order to interpret the results for this hypothesis test:

  • A franchise owner would like to test the claim that the average number of stores run by a single owneris different than 12 stores.
  • Significance level = 0.05
  • Sample size =21 business owners
  • Test statistic t0=0.96

Use the curve below to help visualize your answer. Select the correct sample size by dragging the black point along the slider and theappropriate test by dragging the blue point to a right-, left- or two-tailed diagram.Then, set the critical value(s)on the x-axis to select the appropriate answer.

powered by

Move the blue dot to choose the appropriate test

n=21

test statistic = 0

x

y

a2

ab

7

8

9

functions

(

)

<

>

4

5

6

|a|

,

1

2

3

A B C

0

.

=

+

Select the correct answer below:

Fail toreject H0. There is NOT strong evidence to conclude that the average number of stores run by a single owneris different than 12 stores.

Fail to reject H0. There is strong evidence to conclude that theaverage number of stores run by a single owneris different than 12 stores.

Reject H0. There is strong evidence to conclude that the averageaverage number of stores run by a single owneris different than 12 stores.

Reject H0. There is NOT strongevidence to conclude that the average number of stores run by a single owneris different than 12 stores.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

9th edition

131429248, 978-0131429246

More Books

Students also viewed these Mathematics questions