In: Statistics and Probability
Null Hypothesis H0: The dice is fair. = 7
Alternative Hypothesis Ha: The dice is not fair. 7
This is two-tail hypothesis test.
Sample mean, = 6.6
Sample standard deviation s = 1.133
Since we do not know the true population standard deviation we will conduct one sample t test.
Standard error of mean, SE = s / = 1.133 / = 0.1602304
Test statistic, t = ( - ) / SE = (6.6 - 7) / 0.1602304 = -2.496
Degree of freedom = n-1 = 50-1 = 49
Critical value of t at .05 level of significance and df = 49 is 2.01
Classical Approach - Since the test statistic does not lie between -2.01 and 2.01, we reject null hypothesis H0.
For two-tail test, p-value = 2 * p(t < -2.496, df = 49) = 0.01597
P-Value Approach - Since, p-value is less than 0.05 significance level, we reject null hypothesis H0.
There is sufficient evidence at 5% significance level to conclude that the dice is not fair.