A sample of 48 observations is selected from a normal popula
A sample of 48 observations is selected from a normal population. The sample mean is 57, and the population standard deviation is 6. Conduct the following test of hypothesis using the 0.01 significance level.
H0: = 58 H1: 58
A.is this a one-tail or two-tail test
B.What is the decision rule?
C.What is the value of the test statistic?
D. What is your decision regarding H0? Reject or fail to reject
E. what is the p-value?
Solution
A)
Formulating the null and alternative hypotheses,
Ho: u = 58
Ha: u =/ 58
As we can see, this is a TWO tailed test, as Ha used =/=. [ANSWER, TWO TAILED]
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b)
Thus, getting the critical z, as alpha = 0.01 ,
alpha/2 = 0.005
zcrit = +/- 2.575829304
Thus, reject Ho when z < -2.576 or z > 2.576. [ANSWER]
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c)
Getting the test statistic, as
X = sample mean = 57
uo = hypothesized mean = 58
n = sample size = 48
s = standard deviation = 6
Thus, z = (X - uo) * sqrt(n) / s = -1.154700538 [ANSWER]
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d)
As -2.576<z<2.576, we FAIL TO REJECT HO. [ANSWER]
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e)
Also, the p value is, as this is two tailed,
p = 0.248213079 [ANSWER]
