Examlex

Solved

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

question 73

Multiple Choice

SCENARIO 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 Scenario 9-5,if the same sample was used to test the opposite one-tail test,what would be that test's p-value?


Definitions:

Organizational Cultures

A system of shared assumptions, values, and beliefs, which governs how people behave in organizations.

Merging

The process of combining two or more entities into one, with the goal of enhancing competitive advantages or achieving efficiencies.

Corporate Cultures

The collection of beliefs, values, behaviors, customs, and attitudes that characterize a company or organization.

Adaptive Cultures

Organizational cultures that are flexible, resilient, and responsive in adapting to changing environments and challenges.

Related Questions