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Author Question: You are given the following information obtained from a random sample of 5 observations. Assume the ... (Read 24 times)

mimie

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on: Mar 25, 2023

You are given the following information obtained from a random sample of 5 observations. Assume the population has a normal distribution.

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You want to determine whether or not the mean of the population from which this sample was taken is significantly less than 21.

a.State the null and the alternative hypotheses.
b.Compute the standard error of the mean.
c.Determine the test statistic.
d.Determine the p-value and at 90% confidence, test whether or not the mean of the population is significantly less than 21.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by mimie on Mar 25, 2023

ryanb

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mimie

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Reply 2 on: Mar 25, 2023
YES! Correct, THANKS for helping me on my review

JCABRERA33

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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