Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260788785
Author: Lind, Douglas
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 10, Problem 16E

Given the following hypotheses:

H 0 : μ = 100 H 1 : μ 100

A random sample of six resulted in the following values: 118, 105, 112, 119, 105, and 1 1 1. Assume a normal population. Using the .05 significance level, can we conclude the mean is different from 100?

  1. a. State the decision rule.
  2. b. Compute the value of the test statistic.
  3. c. What is your decision regarding the null hypothesis?
  4. d. Estimate the p-value.
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Chapter 10 Solutions

Statistical Techniques in Business and Economics

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