Examlex

Solved

TABLE 9-5 A Bank Tests the Null Hypothesis That the Mean Age

question 69

Multiple Choice

TABLE 9-5
A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45 years, versus an alternative that the mean age is greater than 45 years. They take a sample and calculate a p-value of 0.0202.
-Referring to Table 9-5, if the same sample was used to test the opposite one-tail test, what would be that test's p-value?


Definitions:

Luxury Auto Brand

A car manufacturer that specializes in high-end vehicles characterized by premium features, quality, and price.

Daily Budget

An allocation of funds set aside for spending on specific tasks or activities within a single day.

Advertiser Risk

The potential for loss or negative outcomes faced by advertisers due to various factors such as audience reception, media placement errors, or campaign failures.

Exposure of Ads

The process of presenting an advertisement to a target audience to create awareness or generate interest.

Related Questions