The competing hypotheses for a hypothesis test are as follows: H0: < 2500 Ha: >
Question:
a. Calculate the p value for the sample result.
b. For a significance level of .01, should you reject the null hypothesis? For a significance level of .10? Explain your answers.
c. What is the minimum significance level at which the sample result here would lead us to reject the null hypothesis?
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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