The average fees 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: H = 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? A. none of these B. The p-value here is .04. Since .04 is less than the significance level, that is, since .04 < .05, we can reject HO C. The p-value here is .02. Since 02 is less than the significance level, that is, since 02 < 05, we can't reject HO. D. The p-value here is .0004. Since .0004 is less than the significance level, that is, since .0004 < .05, we can reject HO.
The average fees 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: H = 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?
A. none of these
B. The p-value here is .04. Since .04 is less than the significance level, that is, since .04 < .05, we can reject HO
C. The p-value here is .02. Since 02 is less than the significance level, that is, since 02 < 05, we can't reject HO.
D. The p-value here is .0004. Since .0004 is less than the significance level, that is, since .0004 < .05, we can reject HO.
given data
n = 500
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