During 2008, college work-study students earned a mean of $1478. Assume that a sample consisting of 25 of the work-study students at a large university was found to have earned a mean of $1503 during that year, with a standard deviation of $210. The null and alternative hypotheses are formulate to suggest that the average earnings of this university’s work-study students were significantly higher than the national mean. At 5% level of significance, do reject or fail to reject H0? Fail to reject H0 because t-statistic is less than 1.711 Fail to reject H0 because t- statistic is greater than 1.711 Fail to reject H0 because t- statistic is greater than -1.711 Fail to reject H0 because t- statistic is less than -1.711
During 2008, college work-study students earned a mean of $1478. Assume that a sample consisting of 25 of the work-study students at a large university was found to have earned a mean of $1503 during that year, with a standard deviation of $210. The null and alternative hypotheses are formulate to suggest that the average earnings of this university’s work-study students were significantly higher than the national mean. At 5% level of significance, do reject or fail to reject H0?
Fail to reject H0 because t-statistic is less than 1.711 |
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Fail to reject H0 because t- statistic is greater than 1.711 |
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Fail to reject H0 because t- statistic is greater than -1.711 |
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Fail to reject H0 because t- statistic is less than -1.711 |
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