Question

A simple random sample of 64 concert tickets was drawn from a normal population. The mean...

A simple random sample of 64 concert tickets was drawn from a normal population. The mean and standard deviation of the sample were $120 and $25, respectively.

We want to determine whether the mean of tickets is not equal to $125. Find the p-value for this hypothesis testing.

a.

0.1096

b.

0.1146

c.

0.0548

d.

0.0564

0 0
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Answer #1

The statistical software output for this problem is :

One sample T summary hypothesis test: u: Mean of population Hu= 125 HA: 125 Hypothesis test results: Mean Sample Mean Std. Er

P-value = 0.1146

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