Consider the e billing case The mean and the standard deviation of the sample of n 65 payment times arex x 18 1077 and s 3 9612 Test H 0 19 5 versus H a 19 5 by setting equal to 01 and using a critical value rule and assuming approximate normality Also, interpret the (computer calculated) p value of 0031 for the test

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Question: Consider the e-billing case. The mean and the standard deviation of the sample of n = 65 payment times arex x = 18.1077 and s

Consider the e-billing case. The mean and the standard deviation of the sample of n = 65 payment times arex

= 18.1077 and s = 3.9612. TestH₀:= 19.5 versusH_a:< 19.5 by setting equal to .01 and using a critical value rule and assuming approximate normality. Also, interpret the (computer calculated)p-value of .0031 for the test.

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