The average dues paid by students at state universities across the country were $2236 per student last year. The average for a random sample of 500 students this year is $2350. Given the following hypotheses, Ho: 4 = 2236 (The average fees are the same as last year.) Ha: M + 2236 (The average fees are not the same as last year.) compute the p-value for the sample result. Assume the population standard deviation is $724. If the significance level is 5%, can the null hypothesis be rejected?
The average dues paid by students at state universities across the country were $2236 per student last year. The average for a random sample of 500 students this year is $2350. Given the following hypotheses, Ho: 4 = 2236 (The average fees are the same as last year.) Ha: M + 2236 (The average fees are not the same as last year.) compute the p-value for the sample result. Assume the population standard deviation is $724. If the significance level is 5%, can the null hypothesis be rejected?
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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Question
The average dues paid by students at state universities across the country were $2236 per student last year. The average for a random sample of 500 students this year is $2350. Given the following hypotheses,
Ho: 4 = 2236 (The average fees are the same as last year.)
Ha: M + 2236 (The average fees are not the same as last year.)
compute the p-value for the sample result. Assume the population standard deviation is $724. If the significance level is 5%, can the null hypothesis be rejected?
Expert Solution
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Step 1
The hypotheses for the test are given below.
Null hypothesis:
H0: µ = 2236
Alternative hypothesis:
Ha: µ ≠ 2236
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