The p-value approach was to be used a sample of size 49
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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Assume that z is the test statistic and calculate the value of z∗ for testing the null hypothesis
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