H0 :  μ =60.00 H1 :  μ  ≠ 60.00 Level of significance:  α =0.01  Sample size: n=1,000 Test statistic: z=−2.43 Unknown population standard deviation Standard Normal Distribution Table a. Determine the critical value(s) for the proposed hypothesis test.  = ?+ Round to two decimal places if necessary b. Conclude whether to reject the null hypothesis or not based on the test statistic. Reject Fail to Reject c. State the decision error type that is possible. Type I Error Type II Error

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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H0 :  μ =60.00
H1 :  μ  ≠ 60.00
Level of significance:  α =0.01 
Sample size: n=1,000
Test statistic: z=−2.43
Unknown population standard deviation
Standard Normal Distribution Table
a. Determine the critical value(s) for the proposed hypothesis test.
  •  = ?+
Round to two decimal places if necessary
b. Conclude whether to reject the null hypothesis or not based on the test statistic.
Reject
Fail to Reject
c. State the decision error type that is possible.
Type I Error
Type II Error
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