You are interested in carrying out a statistical test of income in a particular neighborhood. Your research (alternative) hypothesis is that overall neighborhood income is less than $30,000. You take a sample of 64 people, and find that the average income for your sample is only $27,500, while the standard deviation is $10,000. Your test will be at the 0.01 significance level. What is/are the critical values for this test? Group of answer choices -1.96 -2.33 and 2.33 -2.33 2.33

You are interested in carrying out a statistical test of income in a particular neighborhood. Your research (alternative) hypothesis is that overall neighborhood income is less than $30,000. You take a sample of 64 people, and find that the average income for your sample is only $27,500, while the standard deviation is $10,000. Your test will be at the 0.01 significance level. What is/are the critical values for this test? Group of answer choices -1.96 -2.33 and 2.33 -2.33 2.33

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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HW ELEVEN
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hypothesis testing is the topic
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