a. To test the following hypotheses, a statistics practitioner randomly sampled 100 observations and found x = 106 and s = 35. Calculate the test statistic (and for Excel users, the p-value) of a test...


a. To test the following hypotheses, a statistics practitioner randomly sampled 100 observations and found x = 106 and s = 35. Calculate the test statistic (and for Excel users, the p-value) of a test to determine whether there is enough evidence at the 1% significance level to infer that the alternative hypothesis is true.


b. Repeat part (a) with s = 25.


c. Repeat part (a) with s = 15.


d. Discuss what happens to the t-statistic (and for Excel users, the p-value) when the standard deviation decreases.




May 26, 2022
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