Test H 0 : = 100 vs H a : < 100 using the sample
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Test H0: μ = 100 vs Ha : μ < 100 using the sample results x̅ = 91.7, s = 12.5, with n = 30.
Use the t-distribution and the sample results to complete the test of the hypotheses. Use a 5% significance level. Assume the results come from a random sample, and if the sample size is small, assume the underlying distribution is relatively normal.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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