Exhibit 19.5 Refer to Exhibit 19.5.The estimated value of the test statistic is
A)4.0
B)5.2
C)6.7
D)7.2
E)9.0

Name: Exhibit 19.5 Refer to Exhibit 19.5.The estimated value of the test statistic is A)4.0 B)5.2 C)6.7 D)7.2 E)9.0
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Question

Exhibit 19.5  Refer to Exhibit 19.5.The estimated value of the test statistic is
A)4.0 
B)5.2 
C)6.7 
D)7.2 
E)9.0

Quizplus · Accepted Answer

The estimated value of the test statistic is given by the formula: (point estimate - null hypothesis value) / standard error = (72.5 - 65) / (9.6 / sqrt(15)) = 6.727, which is closest to option C, 6.7.