Al Bank is worried about financing of his new home. The house sells for $490,000. If he puts down 20 percent, what will Al's mon
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Answer: The p-value is 0.154.
Step-by-step explanation:
Since we have given that
We claim that
Null hypothesis :
Alternate hypothesis :
Population mean = 20 hours
Sample mean = 18.5 hours
Sample standard deviation = 4.3 hours
Sample size n = 35
So, test statistic would be
So, the p value would be 0.154.
Hence, the p-value is 0.154.