Consider taking a random sample from a ns 2 distribution


Consider taking a random sample from a N(µ,σ 2 ) distribution. Consider testing the hypothesis H0 : µ = 63 versus the alternative HA : µ 6= 63. Suppose that a random sample of size 16 is taken, σ is known to be 8, and that ¯x = 60. What is the p-value for your hypothesis test? How strong is the evidence against the null hypothesis?

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Business Economics: Consider taking a random sample from a ns 2 distribution
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