Consider the following competing hypotheses and sample data. H0: m 150 HA: m > 150 n

Question:

Consider the following competing hypotheses and sample data.

H0: m ≤ 150

HA: m > 150

n = 30 T - = 200 T+ = 265

a. Assuming that the sampling distribution of T is normally distributed, determine the value of the test statistic.

b. Calculate the p-value.

c. At the 5% significance level, what is the conclusion? Explain.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...