MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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You work for a charitable organization and you want to see whether the people who donate to your organization have an average age above 40 years. You get a random sample of 219 donors and the value of the sample mean age is 42 years. The value of the sample standard deviation is 17 years. The executive director wants you to be 95% confident in your results.

  1. State in statistical terms the null and alternative hypotheses.
  2. Determine the critical value(s).
  3. Compute the test statistic.
  4. Make a decision about the hypotheses (which hypothesis is correct?)
  5. Are donors older than 40 years old?

I need help with #2, 3, and 4. Though I worked 2, I'm still confused about it.

I got 1.7410 for 3

And 1.7410>1.6519 for 4.

I am not sure if I'm right. Help!

Expert Solution
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Step 1

State the given values.

Statistics homework question answer, step 1, image 1

1)

State the null and alternate hypothesis.

Statistics homework question answer, step 1, image 2

Step 2

Calculate the degree of freedom.

Statistics homework question answer, step 2, image 1

2)

Calculate the t critical value using t table at 95% confidence level where the degree of freedom = 218.

Statistics homework question answer, step 2, image 2

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