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Suppose That 9 Grades Are Drawn from a Normal Population

question 108

Essay

Suppose that 9 grades are drawn from a normal population whose standard deviation is 15.The observations are:
90
54
78
66
48
72
66
42
60
At 99% confidence,you want to determine whether the mean of the population from which this sample was taken is greater than 50.
a.State the null and alternative hypotheses.
b.Compute the value of the test statistic.
c.Compute the p-value.
d.Interpret the results.

Calculate and interpret p-values in the context of hypothesis tests.
Formulate null and alternative hypotheses for different types of tests.
Compute test statistics for hypothesis testing.
Set up and interpret rejection regions in hypothesis testing.

Definitions:

Reimburse

To reimburse is to pay back or compensate someone for expenses they have incurred.

Incorporation

The process of legally declaring a corporate entity as separate from its owners.

Mandatory Dividend Provisions

Rules or clauses within a company's charter or bylaws that require the company to pay dividends to its shareholders under certain conditions.

Corporate Laws

Regulations and legal principles dealing with the formation, operation, and dissolution of corporations.

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