The average earnings per share (EPS) of 36 banks is $3.2 and the standard deviation is $0.84. At significance level of 5%, which of the following statement is correct?

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The average earnings per share (EPS) of 36
banks is $3.2 and the standard deviation is
$0.84. At significance level of 5%, which of
the following statement is correct?
Group of answer choices
the critical value for testing HO: u < 3.0 is
1.645.
the critical value for testing HO: µ < 3.5 is
1.96.
None of these answers.
the null hypothesis of u s 3.0 is rejected.
the null hypothesis of u s 3.5 is rejected.
Transcribed Image Text:The average earnings per share (EPS) of 36 banks is $3.2 and the standard deviation is $0.84. At significance level of 5%, which of the following statement is correct? Group of answer choices the critical value for testing HO: u < 3.0 is 1.645. the critical value for testing HO: µ < 3.5 is 1.96. None of these answers. the null hypothesis of u s 3.0 is rejected. the null hypothesis of u s 3.5 is rejected.
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