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?

• A) 0.0202
• B) 0.0404
• C) 0.9596
• D) 0.9798

Identify approaches to address mental health and promote workplace spirituality.

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Comprehend the role of prices in the distribution of goods and services.

Identify the factors that affect a firm's production decisions and profit calculations.

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