Answer:
If we compare the p value and the significance level given
we see that
so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is significantly different from 75.
Step-by-step explanation:
Previous concepts and data given
The margin of error is the range of values below and above the sample statistic in a confidence interval.
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
represent the sample mean
represent the assumed population standard deviation
n=50 represent the sample selected
significance level
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the mean is actually 75, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
If we analyze the size for the sample is > 30 and we know the population deviation we can apply a z test to compare the actual mean to the reference value, and the statistic is given by:
(1)
z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
P-value
Since is a two sided test the p value would be:
Conclusion
If we compare the p value and the significance level given
we see that
so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is significantly different from 75.