A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59 nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17. a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater than $70? b. Interpret the meaning of the p-value in this problem. a. State the null and alternative hypotheses. Choose the correct answer below. OA. Ho:#70 B. Hous70
A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59 nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17. a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater than $70? b. Interpret the meaning of the p-value in this problem. a. State the null and alternative hypotheses. Choose the correct answer below. OA. Ho:#70 B. Hous70
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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
Transcribed Image Text:A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59
nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17.
a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater
than $70?
b. Interpret the meaning of the p-value in this problem.
a. State the null and alternative hypotheses. Choose the correct answer below.
OA. Ho:*70
B. Ho: ≤70

Transcribed Image Text:Ос. Нон=75
H₁>75
OE. H: 75
OD. Hos 70
H₁:μ#70
OF. Hous70
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