In: Statistics and Probability
A sample of 40 observations results in a sample mean of 436. The
population standard deviation...
A sample of 40 observations results in a sample mean of 436. The
population standard deviation is known to be 121.
- Construct a 95% confidence interval for the population
mean.
- Does the sample evidence enable to conclude that the population
mean is greater than 400 with the 5% significance level? Conduct
the test based on the critical value approach.
- Does the sample evidence enable to conclude that the population
mean is greater than 400 with the 5% significance level? Conduct
the test based on the p-value approach.
- Does the sample evidence enable to conclude that the population
mean is greater than 400 with the 10% significance level? Conduct
the test based on the p-value approach.
- Does the sample evidence enable to conclude that the population
mean is different from 400 with the 5% significance level? Conduct
the test based on the p-value approach.