Mary examined a random sample of Friday withdrawals from a college campus ATM. She hypothesized that the mean was less than $100. The results shown below are from MegaStat. What would Mary conclude from this test? Explain carefully.
Hypothesis Test: Mean vs. Hypothesized Value
hypothesized value
mean Withdrawal
std. dev.
std. error
n
16 df
t
p-value (one-tailed, lower)
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