Multiple Choice
A test of hypothesis has the following details: H₀: μ = 8000, Ha: μ > 8000, n = 50, σ = 409, α = 0.01, = 8158
Calculate the p-value and state the correct decision for this test.
A) p-value = 0.0032; fail to reject H₀
B) p-value = 0.3863; fail to reject H₀
C) p-value = 0.3483; reject H₀
D) p-value = 0.0032; reject H₀
Correct Answer:

Verified
Correct Answer:
Verified
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