A random sample of 64 observations produces the following


A random sample of 64 observations produces the following summary statistics: mean= .323 and s2= 0.034

a) Test the null hypothesis µ=0.36 against the alternative hypothesis µ < .36 at the significance level a= .05

b) Test the null hypothesis µ=0.36 against the alternative hypothesis µ ≠.36 at the significance level a=.05

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Basic Statistics: A random sample of 64 observations produces the following
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