# Economics 210

posted by
**Daniel** on
.

Information given is sample mean of 12 for a sample of 26. Sample deviation is 3. Using a .02 level of significance.

H0 u< or equal to 10 and H1 u> 10

a. Is this a one or two tailed test?

b. what is the decision rule?

c. what is the value of the test statistic?

d.what is your decision regarding H0?

e. What is the p-value? and interpret it.