Given: Null Hypothesis Is That the Population Mean Is 16

question 122

Multiple Choice

Given: null hypothesis is that the population mean is 16.9 against the alternative hypothesis that the
Population mean is not equal to 16.9. A random sample of 16 items results in a sample mean of 17.1
And the sample standard deviation is 2.4. It can be assumed that the population is normally
Distributed. Determine the observed "t" value.

• A) t = 2.12
• B) t = 1.33
• C) t = 1.753
• D) t = 0.33

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Definitions:

Product Warranty

A guarantee from the seller to the buyer that a product will perform to a certain standard or will be repaired or replaced during a specified period.

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The prevailing interest rate available in the marketplace on deposits, debts, or loans.

Nominal Rate

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An amount paid in excess of a standard price or value, often related to insurance policies, bonds above par, or quality products.