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Part A: Hypothesis Testing on the Mean-Variance Known Implement the following one-sided upper hypothesis test: H0:...

Part A: Hypothesis Testing on the Mean-Variance Known

Implement the following one-sided upper hypothesis test:

H0: μ = -0.66

H1: μ > -0.66

The data values for this test are below:

-0.12

-1.52

-1.00

2.28

-1.21

0.74

-2.46

-2.65

-1.26

0.28

2.91

-2.36

-2.35

0.69

0.64

3.26

The number of values is 16. The population standard deviation is σ = 1.70. What is the P-value for this test?

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Answer #1

For the given sample mean is

So the test statistics is z (as population standard deviation is known)

Now as alternative hypothesis have greater than sign P value is

So answer is 0.172

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