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A sample of 64 observations has been selected to test whether the population mean is smaller than 15. The sample showed an average of 14.5 and a standard deviation of 4.7. You want to test this hypothesis at 95% level of confidence using the critical value approach. First, compute the critical value and the test statistics associated with this test. Second, compute the difference between the test statistic and the critical value (test statistic - critical value). What is this difference

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Answer:

Test statistic = - 0.851063

- 2.520463

Explanation:

H0 : μ ≥ 15

H1 : μ < 15

Sample mean, xbar = 14.5

Sample standard deviation, s = 4.7

Sample size = 64

Teat statistic :

(xbar - μ) ÷ (s/√(n))

(14.5 - 15) ÷ (4.7/√(64))

= - 0.851063

The critical value at α = 0.05

Using the T - distribution :

Degree of freedom, df = 64 - 1 = 63

Tcritical(0.05, 63) = 1.6694

Test statistic - critical value

-0.851063 - 1.6694

= - 2.520463

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