Find the Critical Value at The $\alpha = 0.05$ Level for the Following Sample, for Testing

question 107

Multiple Choice

Find the critical value at the $\alpha = 0.05$ level for the following sample, for testing $H _ { 0 }$ m= 41 versus $H _ { 1 } : m \neq 41$ .
$\begin{array} { l l l l l l l l l l l l } 57 & 61 & 55 & 50 & 35 & 52 & 58 & 22 & 41 & 48 & 32 & 27\end{array}$

• A) 4
• B) 1
• C) 3
• D) 2

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Definitions:

Social Insurance

A public insurance program that provides protection against economic risks (e.g., unemployment, disability, old age).

Means-Tested

A determination to ascertain whether an individual or family is eligible for government assistance based on their income or resources.

Monetary Benefits

The financial gains received by individuals or organizations, often from employment, investments, or governmental policies.

Public Aid Programs

Government initiatives designed to provide financial assistance, healthcare, food support, and housing to individuals or families in need.