What is the conclusion of the test at the alpha level
Given a sample size of 22, with sample mean 726.2 and sample standard deviation 85.3, we perform the following hypothesis test.
Ho:u:= 750H1:u< 750
What is the conclusion of the test at the a=0.10 level? Please explain answer.
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Supreme Fitness Club uses straight-line depreciation for a machine costing $26,400, with an estimated four-year life and a $2,650 salvage value. At the beginning of the third year.
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Given a sample size of 22, with sample mean 726.2 and sample standard deviation 85.3. What is the conclusion of the test at the a=0.10 level? Please explain answer.
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