Please don't forget to read this! There are 3 more parts to the question. Find the standard score (round to two decimal places as needed) z= Find the P-value (round to four decimal places as needed)P-value=Make an conclusion ### Hypothesis Testing for Compulsive Buyers Questionnaire Scores#### Problem StatementA random sample of 36 subjects who identified themselves as compulsive buyers was obtained and given a questionnaire. They had a mean questionnaire score of 0.59 with a standard deviation of 0.18. Test the claim that the population of self-identified compulsive buyers has a mean greater than the mean of 0.51 for the general population. Use a 0.05 significance level.---#### Step 1: State the Null and Alternative HypothesesSelect the correct null and alternative hypotheses for the test:**A.** \( H_0: \mu = 0.51 \)\[ H_a: \mu < 0.51 \]**B.** (Correct)\[ H_0: \mu = 0.51 \]\[ H_a: \mu > 0.51 \]**C.**\[ H_0: \mu \neq 0.51 \]\[ H_a: \mu = 0.51 \]**D.**\[ H_0: \mu = 0.51 \]\[ H_a: \mu \neq 0.51 \]---#### Step 2: Calculate the Z-ScoreUsing the provided data:- Sample Mean (\( \bar{x} \)) = 0.59- Population Mean (\( \mu \)) = 0.51- Standard Deviation (\( \sigma \)) = 0.18- Sample Size (\( n \)) = 36First, find the Standard Error (SE):\[ SE = \frac{\sigma}{\sqrt{n}} = \frac{0.18}{\sqrt{36}} = \frac{0.18}{6} = 0.03 \]Then, calculate the Z-score:\[ Z = \frac{\bar{x} - \mu}{SE} = \frac{0.59 - 0.51}{0.03} = \frac{0.08}{0.03} = 2.67 \]So, the Z-score is:\[ Z = \boxed{2.67} \]*(Round to two decimal places as needed.)*---This Z-score can be used in further steps to determine the corresponding p-value, and to conclude whether there is sufficient evidence to reject the null hypothesis in favor of

here given n = 36 x¯ = sample mean = 0.59 s = sample standard deviation = 0.18 significance…

Answered: Find the standard score (round to two…

Find the standard score (round to two decimal places as needed) z= Find the P-value (round to four decimal places as needed) P-value= Make an conclusion

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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