The Graduate Management Admission Test (GMAT) is taken by individuals interested in pursuing graduate management education. GMAT scores are used as part of the admissions process for more than 6000 graduate management programs worldwide. The mean sore for all test takers is 563, with a standard deviation of 118. A researcher in the Philippines is concerned about the performance of undergraduates in the Philippines on the GMAT. She believes that the mean scores for this year's college seniors
The Graduate Management Admission Test (GMAT) is taken by individuals interested in pursuing graduate management education. GMAT scores are used as part of the admissions process for more than 6000 graduate management programs worldwide. The mean sore for all test takers is 563, with a standard deviation of 118.
A researcher in the Philippines is concerned about the performance of undergraduates in the Philippines on the GMAT. She believes that the mean scores for this year's college seniors in the Philippines who are interested in pursuing graduate management education will be less than 563. She has a random sample of 250 college seniors in the Philippines interested in pursuing graduate management education that take the GMAT. Suppose we know that GMAT scores are
The null and alternative hypotheses are ?0:?=563H0: versus μ=563
One sample of 250 students had mean GMAT score x¯=555. Enter this x¯, along with the other required information, into the P-Value of a Test of Significance applet.
What is the P-value? Give your answer to four decimal places.
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