[Solution Library] A random sample of 64 observations produced the following summary statistics: x̄=.323 and s^2=.034 Test the null hypothesis that μ=.36 against
Question: A random sample of 64 observations produced the following summary statistics: \(\bar{x}=.323\) and \(s^{2}=.034\)
- Test the null hypothesis that \(\mu=.36\) against the alternative hypothesis that \(\mu<.36\) using \(\alpha=.10\).
- Test the null hypothesis that \(\mu=.36\) against the alternative hypothesis that \(\mu \neq .36\) using \(\alpha=.10\). Interpret the result.
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