QMB homework.due at 21st
- Applied Business Statistics homework, due at 21st October. and here is the example.
-
Consider the hypotheses shown below. Given thatx overbarx
equals=
4141
,sigmaσ
equals=
1313
,n
equals=
3535
,alphaα
equals=
0.050.05
,complete parts a and b.
Upper H 0H0
:muμ
less than or equals≤
3838Upper H 1H1
:muμ
greater than>
3838a.
What conclusion should be drawn?b.
Determine the p-value for this test.a.
The z-test statistic isnothing
.(Round to two decimal places as needed.)