A shareholders' group, in lodging a protest, claimed that the mean tenure for a chief executive office (CEO) was at least eight years. A survey of companies reported in the Wall Street Journal found a sample mean tenure x = 7.56 of years for CEOs with a standard deviation of years s = 6.67 years. A. Formulate hypotheses that can be used to challenge the validity of the claim made by the shareholders' group.
B. Assume 70 companies were included in the sample. What is the p-value for your hypothesis test?
C. At α = 0.02, what is your conclusion?

Arecent study focused on the number of times men and women who live alone buy take-out dinner in a month. assume that the distributions follow the normal probability distribution and the population standard deviations are equal. the information is summarized below. statistic men women sample mean 24.85 21.33 sample standard deviation 5.54 4.93 sample size 34 36 at the 0.01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month? state the decision rule for 0.01 significance level: h0: μmen= μwomen h1: μmen ≠ μwomen. (negative amounts should be indicated by a minus sign. round your answers to 3 decimal places.) compute the value of the test statistic. (round your answer to 3 decimal places.) what is your decision regarding the null hypothesis? what is the p-value? (round your answer to 3 decimal places.)