A random sample of six resulted in the following values 118


A random sample of six resulted in the following values: 118, 105, 112, 119, 105, and 111. Assume a normal population. Using the .05 significance level, can we conclude the mean is different from 100?

a. State the decision rule.

b. Compute the value of the test statistic.

c. What is your decision regarding the null hypothesis?

d. Estimate the p-value.

Solution Preview :

Prepared by a verified Expert
Business Economics: A random sample of six resulted in the following values 118
Reference No:- TGS02653333

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)