Question: Perform hypothesis testing on the following questions by identifying each: 1. Set up (test used, H0, H1) 2. Test Statistic 3. P-value 4. Conclusion (reject
Perform hypothesis testing on the following questions by identifying each: 1. Set up (test used, H0, H1) 2. Test Statistic 3. P-value 4. Conclusion (reject or accept H0).3. An economist finds that a random sample of 28 people had a mean FICO score of 715 with a standard deviation of 42. Can she conclude that the true mean FICO score is less than 720? Use an = 0.05 level of significance
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