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

question 170

True/False

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, versus an alternative that the mean age is greater than 45. They take a sample and calculate a p-value of 0.0202.
-Referring to Table 9-5, the bank can conclude that the average age is greater than 45 at a significance level of ? = 0.01.

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Definitions:

Atomic Bomb

A weapon of mass destruction that releases energy through nuclear reactions, causing significant destruction and radiation exposure.

Robert Oppenheimer

A physicist known as the "father of the atomic bomb" for his role in the Manhattan Project, the World War II project that developed the first nuclear weapons.

Leslie Groves

A U.S. Army Corps of Engineers officer and the director of the Manhattan Project, the project during World War II that developed the first nuclear weapons.

Atom Bomb

A powerful weapon of mass destruction that releases energy through nuclear reactions, causing widespread destruction.