Consider the following competing hypotheses: Ho:μ = 0, HA:μ ≠ 0. The value of the test statistic is z = −1.62. If we choose a 5% significance level, then we __________.Multiple Choicedo not reject the null hypothesis and conclude that the population mean is significantly different from zeroreject the null hypothesis and conclude that the population mean is significantly different from zeroreject the null hypothesis and conclude that the population mean is not significantly different from zerodo not reject the null hypothesis and conclude that the population mean is not significantly different from zero
Question
Consider the following competing hypotheses: Ho:μ = 0, HA:μ ≠ 0. The value of the test statistic is z = −1.62. If we choose a 5% significance level, then we __________.Multiple Choicedo not reject the null hypothesis and conclude that the population mean is significantly different from zeroreject the null hypothesis and conclude that the population mean is significantly different from zeroreject the null hypothesis and conclude that the population mean is not significantly different from zerodo not reject the null hypothesis and conclude that the population mean is not significantly different from zero
Solution
To answer this question, we first need to understand the concept of a z-score and the normal distribution. A z-score of -1.62 falls within the range of -1.96 and 1.96, which corresponds to the 95% confidence interval (or a 5% significance level) in a standard normal distribution.
This means that the observed data falls within the range that we would expect if the null hypothesis were true. Therefore, we do not have enough evidence to reject the null hypothesis.
So, the correct answer is: "do not reject the null hypothesis and conclude that the population mean is not significantly different from zero".
Similar Questions
We wish to conduct a test of hypothesis on two independent population means. The alternative hypothesis of the test states that the means differ. Both populations are assumed normal with equal variance. We draw 10 observations for the first sample and 20 observations for the second sample. State the decision rule for the test if the level of significance is 0.01.Question 2Select one:a.we reject Ho if t > 2.4671b.we reject Ho if t <-2.4671 or t > 2.4671c.we reject Ho if t > 2.3263d.we reject Ho if t <-2.7633 or t > 2.7633
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