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Consider the following hypothesis test:
Ho: μ ≥ 40
Ha: μ < 40
A sample of 49 provides a sample mean of 38 and a sample standard deviation of 7.
a. Determine the standard error of the mean.
b. Compute the value of the test statistic.
c. Determine the p-value; and at 95% confidence, test the above hypotheses.
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