Numb 3 Round pvalue to at least 4 dec values .underline it please .Say whether you reject null hypothesis and whether theres is evidence to support it. **Teaching Assistants' Stipends: Hypothesis Testing**A random sample of stipends of teaching assistants in economics shows the following data:- $12,283- $13,185- $13,419- $14,356- $12,000- $17,604- $11,981- $14,000- $14,000The question posed is whether there is sufficient evidence at the $\alpha = 0.05$ level to conclude that the average stipend differs from $15,000. The stipends listed (in dollars) are for an academic year. Use the P-value method and assume the variable is normally distributed. A TI-83 Plus/TI-84 Plus calculator is recommended for this analysis.**Steps in Hypothesis Testing:**(a) **State the hypotheses and identify the claim:**- Null Hypothesis ($H_0$): $\mu = \$15,000$ (not claim)- Alternative Hypothesis ($H_1$): $\mu \ne \$15,000$ (claim)This hypothesis test is a two-tailed test.**P-value:**- Calculate and determine the P-value using the sample data.**Decision:**- Based on the P-value, determine whether to "Reject the null hypothesis" or not.This educational exercise demonstrates the steps involved in conducting hypothesis testing, focusing on the importance of the P-value in statistical decision-making. The use of TI calculators for computational support is highlighted for practical application.

Teaching Assistants' Stipends A random sample of stipends of teaching assistants in economics is listed. Is there sufficient evidence at the a= 0.05.level to conclude that the average stipend differs from $15,000? The stipends listed (in dollars) are for the academic year. Use the P-value method. Assume the variable normally distributed. Use a TI-83 Plus/TI-84 Plus calculator. #3(8.3) 12,283 13,185 13,419 14,356 12,000 17,604 11,981 14,000 14,000 (a) State the hypotheses and identify the claim. Hou $ 15000 not claim H₁:u= $ 15000 claim = This hypothesis test is a two-tailed Y test. Pvalue= Reject null? Hypothesis

Teaching Assistants' Stipends A random sample of stipends of teaching assistants in economics is listed. Is there sufficient evidence at the a= 0.05.level to conclude that the average stipend differs from $15,000? The stipends listed (in dollars) are for the academic year. Use the P-value method. Assume the variable normally distributed. Use a TI-83 Plus/TI-84 Plus calculator. #3(8.3) 12,283 13,185 13,419 14,356 12,000 17,604 11,981 14,000 14,000 (a) State the hypotheses and identify the claim. Hou $ 15000 not claim H₁:u= $ 15000 claim = This hypothesis test is a two-tailed Y test. Pvalue= Reject null? Hypothesis

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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