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Confirmed Cases of West Nile Virus in Birds for a Sample

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Confirmed cases of West Nile virus in birds for a sample of six counties in the state of Georgia are shown below.
 Confirmed cases of West Nile virus in birds for a sample of six counties in the state of Georgia are shown below.     We are interested in testing the following hypotheses regarding these data: H<sub>0</sub>:  \mu   3 H<sub>a</sub>:  \mu  > 3  a.Compute the mean and the standard deviation of the sample. b.Compute the standard error of the mean. c.Determine the test statistic. d.Determine the p-value and at 95% confidence,test the hypotheses.
We are interested in testing the following hypotheses regarding these data:
H0: μ\mu  Confirmed cases of West Nile virus in birds for a sample of six counties in the state of Georgia are shown below.     We are interested in testing the following hypotheses regarding these data: H<sub>0</sub>:  \mu   3 H<sub>a</sub>:  \mu  > 3  a.Compute the mean and the standard deviation of the sample. b.Compute the standard error of the mean. c.Determine the test statistic. d.Determine the p-value and at 95% confidence,test the hypotheses. 3
Ha: μ\mu > 3
a.Compute the mean and the standard deviation of the sample.
b.Compute the standard error of the mean.
c.Determine the test statistic.
d.Determine the p-value and at 95% confidence,test the hypotheses.


Definitions:

European-Style Option

An option contract that can only be exercised on its expiration date, not before.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price (strike price) within a specific time period.

Strike Price

The fixed price at which the owner of an option can purchase (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

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The cost of purchasing a single share of a company, which fluctuates based on market conditions and investor sentiment.

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