In: Math
Consider a sample of size 100 drawn from a population that obeys an unknown distribution. It is known that the population-variance (of some quality characteristic) is 6. Let µ denote the population-mean. Consider the following test of a hypothesis about µ.
H0 : µ = 70
H1 : µ ≠ 70
(a) Calculate Z0.005. Explain the meaning of Z0.005. (b) If the sample mean is observed to be 71, would you reject H0 with 99% confidence? What is the p-value of the sample mean? (c) If the sample mean is observed to be 71, and the sample size is 30 (instead of 100), would you reject H0 with 99% confidence?