Question: A sample of 34 observations is selected from a normal population. The sample mean is 17, and the population standard deviation is 2. Conduct the

A sample of 34 observations is selected from a normal population. The sample mean is 17, and the population standard deviation is 2. Conduct the following test of hypothesis using the 0.02 significance level. Ho16 H>16 o. Is this a one- or two-tailed test? O One-tailed test O Two-tailed test b. What is the decision rule? O Reject He when z> 2.054 O Reject He when 252.054 c. What is the value of the test statistic? (Round your answer to 2 decimal places.) Valoo of the test statistic d. What is your decision regarding Ho O Reject He O Fail to reject He e-1. What is the p-value? (Round your answer to 4 decimal places.) p-value e-2. Interpret the p-value? (Round your final answer to 2 decimal places.) There is a % chance of finding a z value this large by sampling error when Ho is true

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