Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You may need to use the appropriateappendix tableortechnologyto answer this question. Consider the following hypothesis test. H 0 :50 H a :> 50 A sample

You may need to use the appropriateappendix tableortechnologyto answer this question.

Consider the following hypothesis test.

H0:50Ha:> 50

A sample of 60 is used and the population standard deviation is 8. Use the critical value approach to state your conclusion for each of the following sample results. Use= 0.05.

(Round your answers to two decimal places.)

(a)

x=52.9

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic

test statistic

State your conclusion.

RejectH0. There is insufficient evidence to conclude that> 50.

Do not rejectH0. There is insufficient evidence to conclude that> 50.

RejectH0. There is sufficient evidence to conclude that> 50.

Do not rejectH0. There is sufficient evidence to conclude that> 50.

(b)

x= 51

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistictest statistic

State your conclusion.

RejectH0. There is insufficient evidence to conclude that> 50.

Do not rejectH0. There is insufficient evidence to conclude that> 50.

RejectH0. There is sufficient evidence to conclude that> 50.

Do not rejectH0. There is sufficient evidence to conclude that> 50.

(c)

x=51.8

Find the value of the test statistic.

State the critical values for the rejection rule. (If the test is one-tailed, enter NONE for the unused tail.)

test statistic

test statistic

State your conclusion.

RejectH0. There is insufficient evidence to conclude that> 50.

Do not rejectH0. There is insufficient evidence to conclude that> 50.

RejectH0. There is sufficient evidence to conclude that> 50.

Do not rejectH0. There is sufficient evidence to conclude that> 50

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

9th Canadian Edition, Volume 2

470964731, 978-0470964736, 978-0470161012

Students also viewed these Mathematics questions