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 population mean is significant different from 98 at 2% of significance.
Explanation:
Data given
represent the sample mean
population standard deviation
n = 70 random sample selected
represent the significance level
State the null and alternative hypotheses.
The system of hypothesis for this case is given by:
Null hypothesis:
Alternative hypothesis:
The statistic for this case is given by:
(1)
Calculate the statistic
But now the population deviation changes
. 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 population mean is significant different from 98 at 2% of significance.