3. A test of hypothesis of H₀: μ = 494 versus Hₐ: μ ≠ 494 yields the following test statistic:\[z = \frac{\bar{y} - \mu_0}{\frac{\sigma}{\sqrt{n}}} = 0.60\]a. What is the p-value for the test of hypothesis?b. Using the p-value obtained in part a) and an alpha level of .05, what conclusion do you reach regarding the test of hypothesis? Explain.

The question is about hypothesis testing.Given :Hypotheses :Test statistic ( z ) = 0.60To find :a )…

Answered: 3. A test of hypothesis of Ho: μ = 494…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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