Use the table below to help estimate the p- value. Based on the p-value, choose the correct interpretation.

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|0.10 0.05 0.025 0.01 0.005
Probability
Degrees of Freedom
16
1.337 1.746 2.120 2.583 2.921
1.333 1.740 2.1102.567 2.898
1.330 1.734 2.101 2.552 2.878
1.328 1.729 2.0932.539 2.861
1.325 1.725 2.0862.528 2.845
1.323 1.721 2.0802.518|2.831
17
18
19
20
21
Select the correct answer below:
O The probability of observing a value of to = +2.28 or more extreme if the null hypothesis is true is between 2%
and 5%.
O The probability of observing a value of to = -2.28 or less if the null hypothesis is true is between 2% and 5%.
The probability of observing a value of to = +2.28 or more extreme if the null hypothesis is true is between 95%
and 98%.
The probability of observing a value of to = -2.28 or greater if the null hypothesis is true is between 95% and
98%.
O FEEDBACK
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Transcribed Image Text:|0.10 0.05 0.025 0.01 0.005 Probability Degrees of Freedom 16 1.337 1.746 2.120 2.583 2.921 1.333 1.740 2.1102.567 2.898 1.330 1.734 2.101 2.552 2.878 1.328 1.729 2.0932.539 2.861 1.325 1.725 2.0862.528 2.845 1.323 1.721 2.0802.518|2.831 17 18 19 20 21 Select the correct answer below: O The probability of observing a value of to = +2.28 or more extreme if the null hypothesis is true is between 2% and 5%. O The probability of observing a value of to = -2.28 or less if the null hypothesis is true is between 2% and 5%. The probability of observing a value of to = +2.28 or more extreme if the null hypothesis is true is between 95% and 98%. The probability of observing a value of to = -2.28 or greater if the null hypothesis is true is between 95% and 98%. O FEEDBACK MORE INSTRUCTION SUBMIT Content attribution MacBook Pro <> @ # $ & 2 3 4 7 8 9. { W E R T Y [ S F H J K L C V + || .. ..
Content attribution
Question
The following data was calculated during a study on budget control. Now find and interpret the p- value for this hypothesis
test.:
A budget controller would like to test the claim that the average monthly amount spent on travel expenses at a small
company is different than 65 hundred dollars.
• Sample size = 18 months
• Sample mean = 61.5 hundred dollars
• Sample standard deviation = 6.5 hundred dollars
• The test statistic is calculated as to = -2.28
Use the table below to help estimate the p- value. Based on the p-value, choose the correct interpretation.
Probability
Degrees of Freedom
16
0.10 0.05 0.025|0.01 0.005
1.337 1.746 2.120 2.583 2.921
1.333 1.740 2.1102.567 2.898
1.330 1.734 2.101 2.552 2.878
1.328 1.729 2.093 2.539 2.861
1.325 1.725 2.086 2.528 2.845
1.323 1.721 2.0802.518 2.831
17
18
19
20
21
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Transcribed Image Text:Content attribution Question The following data was calculated during a study on budget control. Now find and interpret the p- value for this hypothesis test.: A budget controller would like to test the claim that the average monthly amount spent on travel expenses at a small company is different than 65 hundred dollars. • Sample size = 18 months • Sample mean = 61.5 hundred dollars • Sample standard deviation = 6.5 hundred dollars • The test statistic is calculated as to = -2.28 Use the table below to help estimate the p- value. Based on the p-value, choose the correct interpretation. Probability Degrees of Freedom 16 0.10 0.05 0.025|0.01 0.005 1.337 1.746 2.120 2.583 2.921 1.333 1.740 2.1102.567 2.898 1.330 1.734 2.101 2.552 2.878 1.328 1.729 2.093 2.539 2.861 1.325 1.725 2.086 2.528 2.845 1.323 1.721 2.0802.518 2.831 17 18 19 20 21 Calect MacBook Pro >) @ 23 2$ & 2 3 4 6. 7 8 9. W Y U { P [ S F H J K C V B .. .. V -
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