A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on

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A survey of nonprofit organizations showed that online fundraising has increased in the past year. Based on a random sample of 133 nonprofits, the mean one-time gift donation resulting from email outreach in the past year was $87. Assume that the sample standard deviation is $9.

a. If you test the null hypothesis at the 0.01 level of significance, is there evidence that the mean one-time gift donation is greater than $85.50?

b. Interpret the meaning of the p-value in this problem.

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Related Book For  answer-question

Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan

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