A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59 nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17. a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater than $70? b. Interpret the meaning of the p-value in this problem. a. State the null and alternative hypotheses. Choose the correct answer below. OA. Ho:#70 B. Hous70

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 36RE
icon
Related questions
Question

Only typed answer 

A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59
nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17.
a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater
than $70?
b. Interpret the meaning of the p-value in this problem.
a. State the null and alternative hypotheses. Choose the correct answer below.
OA. Ho:*70
B. Ho: ≤70
Transcribed Image Text:A survey of nonprofit organizations showed that online fundraising increased in the past year. Based on a random sample of 59 nonprofit organizations, the mean one-time gift donation in the past year was $75, with a standard deviation of $17. a. If you test the null hypothesis at the 0.05 level of significance, is there evidence that the mean one-time gift donation is greater than $70? b. Interpret the meaning of the p-value in this problem. a. State the null and alternative hypotheses. Choose the correct answer below. OA. Ho:*70 B. Ho: ≤70
Ос. Нон=75
H₁>75
OE. H: 75
OD. Hos 70
H₁:μ#70
OF. Hous70
Transcribed Image Text:Ос. Нон=75 H₁>75 OE. H: 75 OD. Hos 70 H₁:μ#70 OF. Hous70
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell