Solved

SCENARIO 9-5 A Bank Tests the Null Hypothesis That the Mean Age

Question 99

True/False

SCENARIO 9-5
A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal
to 45 years, versus an alternative that the mean age is greater than 45 years.They take a sample and
calculate a p-value of 0.0202.
-True or False: Referring to Scenario 9-5, the bank can conclude that the mean age is greater
than 45 at a significance level of SCENARIO 9-5 A bank tests the null hypothesis that the mean age of the bank's mortgage holders is less than or equal to 45 years, versus an alternative that the mean age is greater than 45 years.They take a sample and calculate a p-value of 0.0202. -True or False: Referring to Scenario 9-5, the bank can conclude that the mean age is greater than 45 at a significance level of

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions