Posted by **b** on Sunday, April 29, 2012 at 1:51pm.

an auditor wishes to test the assumption that the mean value of all accounts receivable in a given firm is $260.00 she will reject this claim only if it is clearly contradicted by the sample mean. the sample standard deviation of 36 accounts is $43, the sample mean is $250, and the level of significance is 5%

1. write out the null and alternative hypotheses.

2. Calculate the A test statistic.

3. Find the p-value.

## Answer this Question

## Related Questions

- statistics - an auditor wishes to test the assumption that the mean value of all...
- Statistics - a random group of seniors was selected from a university and asked ...
- statistics - Given a sample size of 38, with sample mean 660.3 and sample ...
- Math-Statistics - Suppose you want to test the claim that mean is not equal 3.5...
- math/stats - Which of the following statements are true? (A) In a two-tail test ...
- Statistics - "Working Mom’s Journal" reported that the mean time a mother, with ...
- intro to statistics - "Working Mom’s Journal" reported that the mean time a ...
- Stats - A sample of 27 blue M&Ms has a mean weight of 0.8560 grams. Assume that ...
- statistics - A random group of customers at a fast food chain were asked whether...
- P Value Math Statistics - Find the P-value for the indicated hypothesis test ...