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The shareholders group claimed that the mean tenure for a chief executive office (CEO) was less than 10 years. A survey of 14 companies were

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The shareholders group claimed that the mean tenure for a chief executive office (CEO) was less than 10 years. A survey of 14 companies were sampled and the mean tenure was 4.7 years with a standard deviation of 5.2 years. Assume the data is normally distributed. You want to formulate and test a hypothesis that can be used to challenge the validity of the claim made by the group, at a significance level of 0.01. What is the test statistic for this sample? test statistic = -6 692 (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... Oless than (or equal to) a greater than a This test statistic leads to a decision to... O reject the null accept the null O 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 less than 10. There is not sufficient evidence to warrant rejection of the claim that the population mean is less than 10. O The sample data support the claim that the population mean is less than 10. There is not sufficient sample evidence to support the claim that the population mean is less than 10

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