Question: A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45, versus an alternative

  1. A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45, versus an alternative that the mean age is greater than 45. They take a sample and calculate a p -value of 0.0202. A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45, versus an alternative that the mean age is greater than 45. They take a sample and calculate a p -value of 0.0202:. The null hypothesis would be rejected at a significance level of = 0.05.

true or false

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!