What are the correct hypotheses? Ho: Select an answer hours H1: ? 0 hours Select an answer Based on the hypotheses, find the following: Test Statistic- p-value= The correct decision is to Select an answer that the mean number of The correct summary would be: hours of all employees at start-up companies work more than the US mean of 47 hours. Select an answer

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What are the correct hypotheses?
Ho: Select an answer
hours
H1:
? 0
hours
Select an answer
Based on the hypotheses, find the following:
Test Statistic-
p-value=
The correct decision is to Select an answer
that the mean number of
The correct summary would be:
hours of all employees at start-up companies work more than the US mean of 47 hours.
Select an answer
Transcribed Image Text:What are the correct hypotheses? Ho: Select an answer hours H1: ? 0 hours Select an answer Based on the hypotheses, find the following: Test Statistic- p-value= The correct decision is to Select an answer that the mean number of The correct summary would be: hours of all employees at start-up companies work more than the US mean of 47 hours. Select an answer
Expert Solution
Step 1

Given that, µ = 47

Null and alternative hypothesis:

H0: The mean of all employees at start-up company work is 47 hours. (µ = 47)

H1: The mean of all employees at start-up company work is more than 47 hours. (µ > 47)

Using excel function to obtain the mean: =average(), standard deviation: =stdev().

Therefore, mean = 50.25, SD = 4.7314, n = 12, DF = n – 1= 11

Step 2

Test statistic:

Statistics homework question answer, step 2, image 1

Using excels formula to find p-value:

Statistics homework question answer, step 2, image 2

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