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A Sample of 35 Students Enroll in a Program That xˉ=20\bar { x } = 20

question 64

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A sample of 35 students enroll in a program that claims to improve scores on the quantita reasoning portion of the Graduate Record Examination (GRE) . The participants take a mc GRE test before the program begins and again at the end to measure their improvement.
The mean number of points improved was xˉ=20\bar { x } = 20 . Assume the standard deviation is σ=64\sigma = 64 and let μ\mu be the population mean number of points improved. To determine whether the program is effective, a test is made of the hypotheses H0:μ=0H _ { 0 } : \mu = 0 versus H1:μ>0H _ { 1 } : \mu > 0 .
Do you reject H0H _ { 0 } at the α=0.01\alpha = 0.01 level? ive

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Definitions:

Disposable Income

Net pay after taxes and other deductions, available for spending, saving, or investment.

Consumption

The utilization of products and services by families.

Marginal Propensity

The ratio of the change in an economic variable, such as consumption or saving, to the change in another, typically income.

Disposable Income

The net financial position of households for spending and saving, after accounting for income taxes.

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