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 of these answers apply.

Question

Quizplus · Accepted Answer

At a 1% level of significance, the critical value for a two-tailed test is ±2.58. Since our calculated z-test statistic of +6.00 is greater than 2.58, we reject the null hypothesis. Thus, our decision is to reject H₀.

For a Null Hypothesis,H0: µ = 4,000,if the 1% Level

For a Null Hypothesis,H₀: µ = 4,000,if the 1% Level