Answer:
We can assume that the sample size is large enough to use the z distribution as an approximation of the t distribution
Now we need to find on the z distribution a value that accumulates 0.02 of the area on the left and this value is
We can use the following excel code to verify it: "=NORM.INV(0.02,0,1)"Reject H0 if test statistic < -2.05
And for our case our calculated value <-2.05 so we have enough evidence to reject the null hypothesis at 2% of significance.
Explanation:
Data given and notation
represent the sample mea n
represent the sample standard deviation
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the mean is at least 14 oz, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
If we analyze the size for the sample is > 30 but we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
(1)
t-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:
Critical region
We can assume that the sample size is large enough to use the z distribution as an approximation of the t distribution
Now we need to find on the z distribution a value that accumulates 0.02 of the area on the left and this value is
We can use the following excel code to verify it: "=NORM.INV(0.02,0,1)"
So then the correct answer for this case would be:
Reject H0 if test statistic < -2.05
And for our case our calculated value <-2.05 so we have enough evidence to reject the null hypothesis at 2% of significance.