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A freelancer, who specializes in digital marketing, is interested in the average amount of money small...

A freelancer, who specializes in digital marketing, is interested in the average amount of money small businesses spend on pay per click advertising. In previous years, less than 3300 dollars, on average, is spent on pay per click annually. The digital marketing freelancer suspects this average has increased in recent years.

If the digital marketing freelancer chooses to use a critical value approach for their hypothesis test, what do they need to calculate in order to compare with the critical value?

Test statistic

P-value

Alternative hypothesis

Significance level

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Answer #1

If the digital marketing freelancer chooses to use a critical value approach for their hypothesis test, what do they need to calculate in order to compare with the critical value?

Test statistic

* in Critical value approach : Absolute value of Test statistic value is greater than critical value then we reject Ho ow we accept Ho

hence here test statics value is correct

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