9.24 Consider the e-billing case. The mean and the standard deviation of the sample of n = 65 payment times are i 18.1077 and s 3.9612. (1) Test H: u = 19.5 versus H: u<19.5 by setting a cqual to .01 and using a critical value rule. (2) Interpret the (computer calculated) p-value %3! %3D

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Please help me, out topic is Hypothesis Testing. We are to provide conclusion too.

Exercise #2
9.24 Consider the e-billing case. The mean and the standard deviation of the sample of n= 65 payment
times are i 18.1077 and s = 3.9612. (1) Test Ho: u = 19.5 versus H,: µ< 19.5 by setting
a equal to .01 and using a critical value rule. (2) Interpret the (computer calculated) p-value
Transcribed Image Text:Exercise #2 9.24 Consider the e-billing case. The mean and the standard deviation of the sample of n= 65 payment times are i 18.1077 and s = 3.9612. (1) Test Ho: u = 19.5 versus H,: µ< 19.5 by setting a equal to .01 and using a critical value rule. (2) Interpret the (computer calculated) p-value
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman