In Testing the Hypothesis H₀: μ = 100 Vs

question 43

Multiple Choice

In testing the hypothesis H₀: μ = 100 vs.H₁: μ > 100,the p-value is found to be 0.074,and the sample mean is 105.Which of the following statements is true?

• A)The probability of observing a sample mean at least as large as 105 from a population whose mean is 100 is 0.074.
• B)The probability of observing a sample mean smaller than 105 from a population whose mean is 100 is 0.074.
• C)The probability that the population mean is larger than 100 is 0.074.
• D)None of these choices.

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Definitions:

Market Pricing

The process of determining the selling price of a product or service based on supply, demand, and other market factors.

Equality Matching

A principle of social justice that emphasizes fair distribution of resources and opportunities, ensuring that everyone receives an identical share or treatment.

Community Sharing

The practice of sharing resources, responsibilities, and benefits equally among members of a community.

Authority Ranking

A social structure where individuals are ranked in a linear order, with each person having clear powers over those below and obligations to those above.