Suppose that according to your company, the average salary for middle managers was 105,000. You believe that the salary is actually less than $105,000. You conduct a test with significance level .05 and find a P-value of .073. a. Which test was run? b. What is the null and alternative hypothesis for the test? c. Explain whether or not you should reject or fail to reject the null hypothesis based upon the p-value? This is called the P-Value method.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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Suppose that according to your company, the average salary for middle managers was
105,000. You believe that the salary is actually less than $105,000. You conduct a test with
significance level .05 and find a P-value of .073.


a. Which test was run?
b. What is the null and alternative hypothesis for the test?
c. Explain whether or not you should reject or fail to reject the null hypothesis based
upon the p-value? This is called the P-Value method.

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