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Consider the following hypothesis test:

Ho : µ = 100

Ha : µ >10

A sample of 25 gives a sample mean of 115 and sample variance of 100.

At α = 0.05, should the null be rejected?

Compute the value of the test statistic.

What is the p-value?

What is your conclusion?

Please show and explain all steps no use of excel.

Business Economics, Economics

  • Category:- Business Economics
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