Explain hypothesis testing of single mean- large sample test


Explain Hypothesis testing of single mean- large sample test.

The mean return for a random sample of 33 mutual funds is 14.93 percent with a standard deviation of 9.57.  Test the null hypothesis:  H0: mu = 15% at α = 0.05.

a. Reject H0

b. Fail to Reject H0

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Basic Statistics: Explain hypothesis testing of single mean- large sample test
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