In a hypothesis test with hypotheses Ho : µ = 24 and H1 : µ # 24, a random sample of 34 elements selected from the population produced a mean of 21.8. Assume that o = 5.1, and that the test is to be made at the 2% significance level.

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In a hypothesis test with hypotheses Ho : µ = 24 and H1 : µ 24, a random sample of 34 elements selected from the population
produced a mean of 21.8. Assume that o = 5.1, and that the test is to be made at the 2% significance level.
What are the critical values of z?
O -2.17 and 2.17
O -2.33 and 2.33
O -2.07 and 2.07
O -2.05 and 2.05
What is the value of the test statistic, z, rounded to three decimal places?
i
What is the p-value for this hypothesis test, rounded to four decimal places?
i
Should you reject or fail to reject the null hypothesis in this test?
Transcribed Image Text:In a hypothesis test with hypotheses Ho : µ = 24 and H1 : µ 24, a random sample of 34 elements selected from the population produced a mean of 21.8. Assume that o = 5.1, and that the test is to be made at the 2% significance level. What are the critical values of z? O -2.17 and 2.17 O -2.33 and 2.33 O -2.07 and 2.07 O -2.05 and 2.05 What is the value of the test statistic, z, rounded to three decimal places? i What is the p-value for this hypothesis test, rounded to four decimal places? i Should you reject or fail to reject the null hypothesis in this test?
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