Please help, with steps to how you go about solving. Thank you! You learn that t
ID: 3234953 • Letter: P
Question
Please help, with steps to how you go about solving. Thank you!
You learn that the XYZ Humor Institute has surveyed college students across the US, and found their average HOS scores are 39.3. Do we have enough evidence to say whether UIC students have a higher humor orientation than students in the rest of the country? Use a significant level of 5% to test your assumptions, and be sure to show all of the steps of your analysis (state the hypotheses, calculate the test statistic, find the probability, state the conclusion). Be sure to explain why you reached your conclusion.Explanation / Answer
1. State the appropriate null and alternative hypotheses:- H0: <= 39.3 and H1: > 39.3
2. Specify the desired level of significance and the sample size
3. Determine the appropriate technique (z-test if is known or t-test if is unknown)
4. Collect the data, compute the test statistic and the p-value
5. Determine the critical values that divide the rejection and nonrejection regions
6. Make the statistical decision and state the managerial conclusion. If the test statistic falls into the nonrejection region, do not reject the null hypothesis H0. If the test statistic falls into the rejection region, reject the null hypothesis. Express the managerial conclusion in the context of the problem