3. A test of hypothesis of Ho: μ = 494 versus Ha: μ# 494 yields the following test statistic: ў - Мо O √n Z = = 0.60 a. What is the p-value for the test of hypothesis? b. Using the p-value obtained in part b) and an alpha level of .05, what conclusion do you reach re: the test of hypothesis? Explain.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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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.
Transcribed Image Text: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.
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