Question: Insert Format Tools Table Window Help Word File Edit View AutoSave @ QN... Q Home Insert Draw Design Share Q Comments A- 3 Layout Tell

 Insert Format Tools Table Window Help Word File Edit View AutoSave

Insert Format Tools Table Window Help Word File Edit View AutoSave @ QN... Q Home Insert Draw Design Share Q Comments A- 3 Layout Tell me A- Styles Dictate Ga Paste Font Paragraph 2). At the time she was hired as a server at the Gramney Family restaurant, Beth Brigden was told, "You can average $80 a day in Tips". Assume that the population of daily tips is normally distributed with a standard deviation of $3.24. Over the first 35 days she was employed at the restaurant, the mean daily amount of her tips was $84.85. At the 0.01 level of significance, can Ms. Brieden conclude that her daily tips average more than $80? Answer all the following: (24 points) a. Show your null and alternate hypotheses b. What is the value of the test statistic? c. What is the decision rule? d. What is your decision regarding your null hypothesis using the critical value method? I e. Interpret, in a single sentence, the result of the statistical test. 1. What is the p-value? What is your decision on your null hypothesis based on the p value? Page 1 of 2 693 words Focus 134% MacBc

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