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The mean salary of a random sample of 50 major league baseball players for 2012 is $3.44 million dollars. Assuming the distribution of salaries for all major league baseball players is normally distributed with a standard deviation of $0.712 million, test the claim that the mean salary of major league baseball players is less than $4 million. What is the decision for this test? Fail to reject the null because the test statistic is in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is less than alpha. O Reject the null because the test statistic is in the critical region and the p-value is less than alpha. Reject the null because the test statistic is not in the critical region and the p-value is less than alpha.

The mean salary of a random sample of 50 major league baseball players for 2012 is $3.44 million dollars. Assuming the distribution of salaries for all major league baseball players is normally distributed with a standard deviation of $0.712 million, test the claim that the mean salary of major league baseball players is less than $4 million. What is the decision for this test? Fail to reject the null because the test statistic is in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is less than alpha. O Reject the null because the test statistic is in the critical region and the p-value is less than alpha. Reject the null because the test statistic is not in the critical region and the p-value is less than alpha.

MATLAB: An Introduction with Applications
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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The mean salary of a random sample of 50 major league baseball players for 2012 is $3.44 million dollars. Assuming the distribution of salaries for all major league baseball players is normally distributed with a standard deviation of $0.712 million, test the claim that the mean salary of major league baseball players is less than $4 million. What is the decision for this test? Fail to reject the null because the test statistic is in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is less than alpha. Reject the null because the test statistic is in the critical region and the p-value is less than alpha. Reject the null because the test statistic is not in the critical region and the p-value is less than alpha. 00000
Transcribed Image Text:The mean salary of a random sample of 50 major league baseball players for 2012 is $3.44 million dollars. Assuming the distribution of salaries for all major league baseball players is normally distributed with a standard deviation of $0.712 million, test the claim that the mean salary of major league baseball players is less than $4 million. What is the decision for this test? Fail to reject the null because the test statistic is in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is greater than alpha. Fail to reject the null because the test statistic is not in the critical region and the p-value is less than alpha. Reject the null because the test statistic is in the critical region and the p-value is less than alpha. Reject the null because the test statistic is not in the critical region and the p-value is less than alpha. 00000
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