(Solution Library) Consider the sample data below: 60 56 43 41 55 34 51 58 48 33 32 50 45 59 33 37 58 52 55 42 40 47 29 37 50 55 43 37 53 46 40 44 52 Suppose

Question: Consider the sample data below:

60	56	43	41	55	34	51	58	48	33	32
50	45	59	33	37	58	52	55	42	40	47
29	37	50	55	43	37	53	46	40	44	52

Suppose we wish to test the following hypotheses for the data:

Null Hypothesis (Ho): u (mean) $\le $ 50

Alternate Hypothesis (Ha): u (mean) > 50

Given the mean (xbar) and the standard deviation (0) of the data as above:

(A) Compute the appropriate test statistic for testing Null Hypothesis (Ho) (show all work).
(B) Determine the critical value for α = 0.05.
(C) Test Null Hypothesis (Ho) using the traditional/classical method.
(D) State the decision base d on the results of the test.
(E) Had you used the p-value method of hypothesis testing, what would the p-value have been?

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(Solution Library) Consider the sample data below: 60 56 43 41 55 34 51 58 48 33 32 50 45 59 33 37 58 52 55 42 40 47 29 37 50 55 43 37 53 46 40 44 52 Suppose

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60	56	43	41	55	34	51	58	48	33	32
50	45	59	33	37	58	52	55	42	40	47
29	37	50	55	43	37	53	46	40	44	52

60	56	43	41	55	34	51	58	48	33	32
50	45	59	33	37	58	52	55	42	40	47
29	37	50	55	43	37	53	46	40	44	52

60	56	43	41	55	34	51	58	48	33	32
50	45	59	33	37	58	52	55	42	40	47
29	37	50	55	43	37	53	46	40	44	52