Question: Use the sample mean in Example 8.12 to test the hypothesis that the tours in Example 8.10 take at least 60 minutes, H0:

Use the sample mean in Example 8.12 to test the hypothesis that the tours in Example 8.10 take at least 60 minutes, H0:   60, at the 5 per cent level of significance.

H0:   60 minutes H1:  < 60 minutes The level of significance,  = 0.05 The sample mean is 61.87 and in Example 8.12 we found that the probability that it comes from a sampling distribution with a mean of 60 and a standard error of 0.85 was 0.0139 or 1.39 per cent. However, because the null hypothesis includes the possibility that the population mean is larger than 60 we cannot reject it.

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!