For a null hypothesis, H₀: µ = 4,000, if the 1% level of significance is used and the z-test statistic is +6.00, what is our decision regarding the null hypothesis? A) Do not reject H₀. B) Reject H₀. C) Reject H₁. D) None Apply.

Question

Quizplus · Accepted Answer

Since the z-test statistic of +6.00 is greater than the critical value of 2.33 (obtained from a z-table at 1% level of significance), we reject the null hypothesis H₀. Therefore, we can conclude that the population mean is not equal to 4,000 at a significance level of 1%.

For a Null Hypothesis, H0: µ = 4,000, If the 1

For a Null Hypothesis, H₀: µ = 4,000, If the 1