Please asnwer b and round the final answer to 2 decimal places. 2.33 is incorrect....
60.1K
Verified Solution
Link Copied!
Question
Accounting
Please asnwer b and round the final answer to 2 decimal places. 2.33 is incorrect.
A sample of 50 observations is selected from one population with a population standard deviation of 3 . The sample mean is 102 . A sample of 50 observations is selected from a second population with a population standard deviation of 7. The sample mean is 99 . Conduct the following test of hypothesis using the 0.01 significance level: H0:12=0 H1:12=0 a. Is this a one-tailed or a two-tailed test? b. State the decision rule. (Negative answer should be indicated by a minus sign. Round the final answers to 2 decimal places.) The decision rule is to reject H0 if z is the interval ( (8). c. Compute the value of the test statistic. (Round the final answer to 2 decimal places.) Value of the test statistic d. What is your decision regarding H0 ? H0 e. What is the p-value? (Round the z-value to 2 decimal places. Round the final answer to 4 decimal places.) The p-value is
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!