(Answered) As a quick check to determine whether the mean nicotine

Economics

As a quick check to determine whether the mean nicotine content per cigarette μ of the Dy2Soon brand is greater than the advertised value of 1.5milligrams, a health advocacy group selects a random sample of 10 Dy2Soon cigarettes and uses the resulting nicotine content data to test

H₀: μ = 1.5

H_a: μ > 1.5

The calculated value of the test statistic is t = 1.98.

Question 1. Is the result significant at the 5% level (that is, α = .05)? (Don't guess; only 1 submission allowed).

Yes or No

Question 2. Is the result significant at the 1% level (that is, α = .01)? (Don't guess; only 1 submission allowed).

Yes or No

View complete question

Business Economics, Economics

Category:- Business Economics
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