[Step-by-Step] In a sample of 140 randomly chosen alumni at the University, it was found that the mean time to earn a bachelor's degree at the institution
Question: In a sample of 140 randomly chosen alumni at the University, it was found that the mean time to earn a bachelor's degree at the institution was 6.52 years with a standard deviation of 2.13 years. An accrediting agency has been asked to perform a hypothesis test to test the claim that the population average time to complete a baccalaureate degree at the University is more than 6 years.
- State the null and alternative hypotheses for this test and state which one is the claim for this test.
- Determine the critical value(s) for this test if the test is performed with a significance level of 10%.
- Perform the hypothesis test at a significance level of 10%. State your decision; use the p-value to justify the decision.
- Is there statistically significant evidence at the 20% level of significance that the population average time to complete a degree at the university is more than 6 years?
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 