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    Calculating p-value for testing the hypothesis

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    A statistician was testing the following hypotheses:
    Ho: μ = 500 vs. Ha: μ ≠ 500.
    The p-value approach was to be used. A sample of size 49 gave a sample mean of 508. Given that σ = 30 2, and α = 0.01, find the p-value, and write your conclusion.

    © BrainMass Inc. brainmass.com June 3, 2020, 9:57 pm ad1c9bdddf
    https://brainmass.com/statistics/hypothesis-testing/calculating-p-value-for-testing-the-hypothesis-207216

    Solution Summary

    The given hypothesis testing problem is solved by p-value approach

    $2.19

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