In: Math
Ho : µ = 20
Ha : µ < 20
(Left tail test)
Level of Significance , α =
0.01
population std dev , σ =
0.6000
Sample Size , n = 16
Sample Mean, x̅ = 19.3840
' ' '
Standard Error , SE = σ/√n = 0.6000 / √
16 = 0.1500
Z-test statistic= (x̅ - µ )/SE = (
19.384 - 20 ) /
0.1500 = -4.107
critical z value, z* =
-2.3263 [Excel formula =NORMSINV(α/no. of tails)
]
p-Value = 0.000020 [ Excel
formula =NORMSDIST(z) ]
Decision: p-value<α, Reject null hypothesis