the claim about the population mean, μ, at the given level of significance using the given sample statistics. Claim: μ≠5000; α=0.08; σ=393. Sample statistics: x=5400, n=37 Calculate the standardized test statistic. _____? The standardized test statistic is _____? .(Round to two decimal place
Test the claim about the population mean, μ, at the given level of significance using the given sample statistics.
Claim: μ≠5000; α=0.08; σ=393. Sample statistics: x=5400, n=37
Calculate the standardized test statistic. _____?
The standardized test statistic is _____?
.(Round to two decimal places as needed.)
Determine the critical value(s). Select the correct choice below and fill in the answer box to complete your choice.
(Round to two decimal places as needed.)
A.
The critical value is _____?
.
B.
The critical values are ± _____?
Determine the outcome and conclusion of the test. Choose from the following.
A.Reject H0. At the 8% significance level, there is enough evidence to reject the claim.
B.Fail to reject H0. At the 8% significance level, there is not enough evidence to reject the claim.
C.Reject H0. At the 8% significance level, there is enough evidence to support the claim.
D. Fail to reject H0. At the 8% significance level, there is not enough evidence to support the claim.
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