Homework Help: statistics

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.

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