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17.38 A and B
Exercises 409 Excercises 17.38 through 17.41 ask you to answer questions from data. As sieme that the simple conditions hold
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SOLUTION A] (1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho:μ=32500

Ha:μ≠​32500

This corresponds to a two-tailed test, for which a z-test for one mean, with known population standard deviation will be used.

(2) Rejection Region

Based on the information provided, the significance level is α=0.1, and the critical value for a two-tailed test is zc​=1.64.

The rejection region for this two-tailed test is R={z:∣z∣>1.64}

(3) Test Statistics

The z-statistic is computed as follows:

X - μo 30841 - 32500 3000/V20 = 2.473

(4) Decision about the null hypothesis: Since it is observed that ∣z∣=2.473>zc​=1.64, it is then concluded that the null hypothesis is rejected.

Using the P-value approach: The p-value is p=0.0134, and since p=0.0134<0.1, it is concluded that the null hypothesis is rejected.

(5) Conclusion: It is concluded that the null hypothesis Ho is rejected. Therefore, there is enough evidence to claim that the population meanμ is different than 32500, at the 0.1 significance level.

B] (1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho μ=31500

Ha:μ≠​31500

This corresponds to a two-tailed test, for which a z-test for one mean, with known population standard deviation will be used.

(2) Rejection Region

Based on the information provided, the significance level is α=0.1, and the critical value for a two-tailed test is zc​=1.64.

The rejection region for this two-tailed test is R={z:∣z∣>1.64}

(3) Test Statistics

The z-statistic is computed as follows:

X - μo σ//η 30841 - 31500 3000/20 = 0.982

(4) Decision about the null hypothesis: Since it is observed that z∣=0.982≤zc​=1.64, it is then concluded that the null hypothesis is not rejected.

Using the P-value approach: The p-value is p=0.3259, and since p=0.3259≥0.1, it is concluded that the null hypothesis is not rejected.

(5) Conclusion: It is concluded that the null hypothesis Ho is not rejected. Therefore, there is not enough evidence to claim that the population mean μ is different than 31500, at the 0.1 significance level.

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