Question: A study considers whether the mean score on a college entrance exam for students in 2016 is any different from the mean of 500

A study considers whether the mean score μ on a college entrance exam for students in 2016 is any different from the mean of 500 for students in 1966. Test H0:

μ = 500 against Ha: μ = 500 if for a nationwide random sample of 10,000 students who took the exam in 2016,

¯y = 497 and s = 100. Show that the result is highly significant statistically, but not practically significant.

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 Statistical Techniques in Business Questions!