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How do you test if the mean of the population differs significantly?

A sample size of 16 was randomly drawn from a normal population. The mean of these 16 cases was 47.6875 and the sample standard deviation was 19.0883. At an alpha level of .05, does the mean of the population differ significantly from 60?

Solution Summary

This solution shows how to calculate the critical value and test statistic and base a conclusion upon these results. Calculations are done in an attached Excel file and presented in a Word document.