Assume That a Simple Random Sample Has Been Selected from a Normally

question 35

Essay

Assume that a simple random sample has been selected from a normally distributed population. Find the test statistic, P-value, critical value(s), and state the final conclusion.
-Use a significance level of $\alpha = 0.05$ to test the claim that $\mu \neq 32.6$ . The sample data consists of 15 scores for which $\bar { x } = 39.7$ and $s = 5$ .

---

Definitions:

Binding Agreement

A contract or agreement that is legally enforceable in a court of law, implying that all parties have agreed to the terms and conditions.

Variable Interest

Interest that can change over the lifetime of a loan, credit line, or other form of financing, usually linked to a fluctuating benchmark rate.

Loss Contingencies

Potential losses that may occur in the future and are recorded in financial statements if they are probable and can be reasonably estimated.