A sample of 43 observations is selected from a normal population. The sample mean is 60,...

50.1K

Verified Solution

Question

Statistics

A sample of 43 observations is selected from a normalpopulation. The sample mean is 60, and the population standarddeviation is 8. Conduct the following test of hypothesis using the0.02 significance level. H0: μ = 63 H1: μ ≠ 63

  1. What is the value of the test statistic? (Negativeamount should be indicated by a minus sign. Round your answer to 2decimal places.)
  2. What is the p-value? (Round your zvalue to 2 decimal places and final answer to 4 decimalplaces.)
  3. e-2. Interpret the p-value?(Round your z value to 2 decimal places and finalanswer to 2 decimal places

Answer & Explanation Solved by verified expert
4.1 Ratings (667 Votes)
Solution a Given that63608n 43b This is the two tailed    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students