Solved: Find the p-value of a sample mean, Basic Statistics

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Find the p-value of a sample mean

Discuss the below:

Q: A statistician was testing the following hypotheses:

Ho: μ = 500 vs. Ha: μ ≠ 500.

The p-value approach was to be used. A sample of size 49 gave a sample mean of 508. Given that σ = 30 2, and α = 0.01, find the p-value, and write your conclusion.

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Basic Statistics: Find the p-value of a sample mean

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Basic Statistics: Find the p-value of a sample mean

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