Test the claim about the population mean,
Question
Test the claim about the population mean, μ,
at the given level of significance using the given sample statistics.
Claim: μ=50; α=0.01; σ=3.21 Sample statistics: x=49.3 n=58
a)Identify the null and alternative hypotheses
b)Calculate the standardized test statistic. (round two decimal places)
c)Determine the critical value(s)
d)Determine the outcome and conclusion of the test (Reject or Fail to reject)
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